Housing market/Pennsylvania/ZIP 18704

ACS 2023 · FY2027 SAFMR

ZIP 18704 Kingston, 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
30,997
Households
13,282
Median HH income
$62,907
Renter share
38.9%
Median gross rent
$935
Vacancy
8.6%
Pop. change
+1.1%
2BR SAFMR
$1,420
SAFMR / rent
1.519×
2–49 unit stock
3,483
LIHTC proj / units
3 / 659
HUD assisted MF
4 / 752

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18704 · PA — sent to you.

ZIP 18704 · PA

ACS median rent$935
2BR SAFMR$1,420
90% floor$1,278
110% ceiling$1,562

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18704

  • 1-unit detached8,57959.0%
  • 1-unit attached1,97813.6%
  • 2–4 units2,47217.0%
  • 5–49 units1,0117.0%
  • 50+ units4543.1%
  • Mobile370.3%
TypeUnitsShare
1-unit detached8,57959.0%
1-unit attached1,97813.6%
2 units (duplex)1,2138.3%
3–4 units1,2598.7%
5–9 units3762.6%
10–19 units4753.3%
20–49 units1601.1%
50+ units4543.1%
Mobile370.3%

2–4 unit share 17.0% · 5–49 unit share 7.0% · combined 2–49 24.0%.

Units by bedrooms

Studio
402
1BR
1,659
2BR
3,448
3BR
6,906
4BR
1,709
5+
407

Rent burden

Rent ≥30% of income38.7%
Rent ≥50% of income24.9%
  • ACS median gross rent $935 (all bedrooms, occupied rentals).
  • Median contract rent $765.
  • Renters paying ≥30% of income 38.7%; ≥50% 24.9%.
  • FY2027 2BR SAFMR $1,420 (1.519× ACS median gross rent).

Population

30,997 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.1%.

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

Assisted inventory

  • LIHTC: 3 projects, 659 units.
  • HUD project-based assisted MF: 4 properties, 752 assisted units.
  • 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 18704 38.9% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $935; population increased +1.1% between the 2018 and 2023 ACS vintages; the housing stock includes 2,472 units in 2–4-unit structures and 1,011 units in 5–49-unit structures; 3 LIHTC projects totaling 659 units; FY2027 2BR SAFMR is $1,420 versus ACS median gross rent of $935. 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 18704 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 18704?

ZIP 18704 (Scranton--Wilkes-Barre, PA MSA) has 30,997 residents, 13,282 households, a renter share of 38.9%, median household income of $62,907, and ACS 2023 median gross rent of $935. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18704?

ACS counts 1,213 units in 2-unit buildings, 1,259 in 3–4 unit buildings, 376 in 5–9, 475 in 10–19, and 160 in 20–49. Combined 2–49 unit stock is 3,483 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18704?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,420. See the full schedule and 90–110% payment-standard band on the ZIP 18704 — Kingston, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18704 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.