Housing market/Pennsylvania/ZIP 18617

ACS 2023 · FY2027 SAFMR

ZIP 18617 Glen Lyon, Pennsylvania

Scranton--Wilkes-Barre, PA MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,616
Households
816
Median HH income
$35,357
Renter share
45.3%
Median gross rent
$888
Vacancy
15.3%
Pop. change
-14.8%
2BR SAFMR
$1,160
SAFMR / rent
1.306×
2–49 unit stock
256
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18617 · PA — sent to you.

ZIP 18617 · PA

ACS median rent$888
2BR SAFMR$1,160
90% floor$1,044
110% ceiling$1,276

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 18617

  • 1-unit detached45447.1%
  • 1-unit attached24625.5%
  • 2–4 units18218.9%
  • 5–49 units747.7%
  • 50+ units70.7%
TypeUnitsShare
1-unit detached45447.1%
1-unit attached24625.5%
2 units (duplex)798.2%
3–4 units10310.7%
5–9 units192.0%
10–19 units00.0%
20–49 units555.7%
50+ units70.7%
Mobile00.0%

2–4 unit share 18.9% · 5–49 unit share 7.7% · combined 2–49 26.6%.

Units by bedrooms

Studio
0
1BR
143
2BR
414
3BR
193
4BR
157
5+
56

Rent burden

Rent ≥30% of income62.7%
Rent ≥50% of income31.9%
  • ACS median gross rent $888 (all bedrooms, occupied rentals).
  • Median contract rent $591.
  • Renters paying ≥30% of income 62.7%; ≥50% 31.9%.
  • FY2027 2BR SAFMR $1,160 (1.306× ACS median gross rent).

Population

1,616 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -14.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 21 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 18617 45.3% of occupied households are renters; vacancy is 15.3%; ACS median gross rent is $888; population changed -14.8% between the 2018 and 2023 ACS vintages; the housing stock includes 182 units in 2–4-unit structures and 74 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $888. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Pennsylvania research

ZIP 18617 is a Census / HUD profile for Scranton--Wilkes-Barre, PA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Pennsylvania research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 18617?

ZIP 18617 (Scranton--Wilkes-Barre, PA MSA) has 1,616 residents, 816 households, a renter share of 45.3%, median household income of $35,357, and ACS 2023 median gross rent of $888. Vacancy is 15.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18617?

ACS counts 79 units in 2-unit buildings, 103 in 3–4 unit buildings, 19 in 5–9, 0 in 10–19, and 55 in 20–49. Combined 2–49 unit stock is 256 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18617?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 18617 — Glen Lyon, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18617 is Census / HUD research for Scranton--Wilkes-Barre, PA MSA. Jeff Crowe CRE does not list Pennsylvania property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.