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RentData.org Logo Scranton--Wilkes-Barre Fair Market Rent FY 2022 Scranton--Wilkes-Barre, PA MSA Rental Data

Fair Market Rent Prices in Scranton--Wilkes-Barre, PA :
$614 $714 $877 $1,132 $1,218
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Scranton--Wilkes-Barre are average compared to the national average. This FMR area is more expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Scranton--Wilkes-Barre is $877 per month.

The previous year, rent for a two-bedroom home was $839 per month. This is a 4.53% increase year-over-year.

This FMR rate applies to Chinchilla, PA, Elmhurst, PA, Fleetville, PA, Ransom, PA, La Plume, PA, Waverly, PA, Nicholson, PA, Jessup, PA, Waymart, PA, Duryea, 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 one county or city in Pennsylvania which is listed in the table below. Estimated population of Scranton--Wilkes-Barre, PA MSA FMR area is 211,960 people based on latest Census data.

Compared to the rest of Pennsylvania, the Scranton--Wilkes-Barre FMR area is more expensive than 64% of the state.

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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 $ 647
1-BR 1-Bedroom $ 753
2-BR 2-Bedroom $ 925
3-BR 3-Bedroom $ 1194
4-BR 4-Bedroom $ 1285
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Scranton--Wilkes-Barre, PA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Wilkes Barre - Scranton and New York.

County / Region Est. Population
Scranton--Wilkes-Barre, PA Metro 211,960
Zip Codes in Scranton--Wilkes-Barre, PA MSA

There are 39 unique zip codes in this Fair Market Rent (FMR) area:

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, 18640, 18641, 18642 and 18653

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