The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Tunkhannock, PA 18657's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 18657 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $666 to a high of $814, with an average of $740.
One-bedroom: One-bedroom rental prices vary, with a minimum of $774, a maximum of $946, and an average of $860.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $945, peaking at a maximum of $1,155, and averaging at $1,050.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,224, a maximum of $1,496, and an average of $1,360.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,332 to a maximum of $1,628, with an average of $1,480.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Tunkhannock, PA 18657 Low Rent (90%) $666 $774 $945 $1,224 $1,332
Average Rent $740 $860 $1,050 $1,360 $1,480
High Rent(110%) $814 $946 $1,155 $1,496 $1,628
2023 Tunkhannock, PA 18657 Low Rent (90%) $666 $774 $945 $1,224 $1,332
Average Rent $740 $860 $1,050 $1,360 $1,480
High Rent (110%) $814 $946 $1,155 $1,496 $1,628
2022 Tunkhannock, PA 18657 Low Rent (90%) $576 $675 $828 $1,071 $1,152
Average Rent $640 $750 $920 $1,190 $1,280
High Rent(110%) $704 $825 $1,012 $1,309 $1,408
2021 Tunkhannock, PA 18657 Low Rent (90%) $558 $648 $792 $1,026 $1,089
Average Rent $620 $720 $880 $1,140 $1,210
High Rent (110%) $682 $792 $968 $1,254 $1,331
2020 Tunkhannock, PA 18657 Low Rent (90%) $522 $612 $747 $963 $1,035
Average Rent $580 $680 $830 $1,070 $1,150
High Rent(110%) $638 $748 $913 $1,177 $1,265
2019 Tunkhannock, PA 18657 Low Rent (90%) $495 $576 $711 $918 $1,008
Average Rent $550 $640 $790 $1,020 $1,120
High Rent (110%) $605 $704 $869 $1,122 $1,232


Discover Section 8 FMR by zip code