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RentData.org Logo Scranton--Wilkes-Barre Fair Market Rent FY 2007 Scranton--Wilkes-Barre, PA MSA Rental Data

Fair Market Rent Prices in Scranton--Wilkes-Barre, PA :
$436 $520 $624 $791 $836
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Scranton--Wilkes-Barre are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Scranton--Wilkes-Barre is $624 per month.

The previous year, rent for a two-bedroom home was $594 per month. This is a 5.05% increase year-over-year.

This FMR rate applies to Sybertsville, PA, Drifton, PA, Weston, PA, Ebervale, PA, Chinchilla, PA, Harleigh, PA, Lattimer Mines, PA, Milnesville, PA, Rock Glen, PA, Saint Johns, PA and other cities within the region. The Metro Code or CBSA code for this region is METRO42540M42540.

Additionally, This Fair Market Rent (FMR) area Scranton--Wilkes-Barre, PA MSA spans three counties or cities in which ares listed in the table below. Estimated population of Scranton--Wilkes-Barre, PA MSA FMR area is 560,625 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Scranton--Wilkes-Barre. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Scranton--Wilkes-Barre

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 487
1-BR 1-Bedroom $ 554
2-BR 2-Bedroom $ 664
3-BR 3-Bedroom $ 856
4-BR 4-Bedroom $ 897
Change Year:

The counties, cities, towns, and regions listed below fall into the Scranton--Wilkes-Barre, PA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Wilkes Barre - Scranton and New York.

County / Region Est. Population
Lackawanna County, PA Metro 213,295
Luzerne County, PA Metro 319,250
Wyoming County, PA Metro 28,080
Zip Codes in Scranton--Wilkes-Barre, PA MSA

There are 89 unique zip codes in this Fair Market Rent (FMR) area:

18202, 18219, 18221, 18222, 18223, 18224, 18225, 18234, 18239, 18246, 18247, 18251, 18256, 18403, 18407, 18410, 18411, 18414, 18416, 18419, 18420, 18421, 18424, 18428, 18433, 18434, 18436, 18440, 18444, 18446, 18447, 18448, 18452, 18471, 18472, 18501, 18503, 18504, 18505, 18507, 18508, 18509, 18510, 18512, 18515, 18517, 18518, 18519, 18601, 18602, 18610, 18611, 18612, 18615, 18617, 18618, 18621, 18622, 18625, 18627, 18634, 18636, 18640, 18641, 18642, 18643, 18644, 18651, 18653, 18654, 18656, 18657, 18660, 18701, 18702, 18703, 18704, 18705, 18706, 18707, 18708, 18709, 18710, 18711, 18762, 18764, 18765, 18766 and 18769

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