FY2027 Small Area FMR · Lakeville, PA

ZIP 18438 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 18438 (Lakeville, PA) is $1,360 a month, up 1.5% from FY2026. That is 15% above the Wayne County, PA area-wide FMR of $1,184.

2-bedroom SAFMR$1,360per month ▲ 1.5%

Area-wide 2 BR FMR$1,184Wayne County, PA

Rank in the area7thof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,224

2 BR Small Area FMR$1,360

110% of SAFMR$1,496

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,000▲ 3.1%

1 BR$1,140▲ 4.6%

2 BR$1,360▲ 1.5%

3 BR$1,830▲ 2.8%

4 BR$2,250▲ 1.4%

FY2027 FY2026

Where 18438 sits in the Wayne County, PA area

Of the 33 ZIP codes HUD lists for the area, 18438 has the 7th highest two-bedroom Small Area FMR. Wayne County, PA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,184 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,360 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,000	$900 – $1,100	$874	$970
1 bedroom	$1,140	$1,026 – $1,254	$1,008	$1,090
2 bedrooms	$1,360	$1,224 – $1,496	$1,184	$1,340
3 bedrooms	$1,830	$1,647 – $2,013	$1,509	$1,780
4 bedrooms	$2,250	$2,025 – $2,475	$1,979	$2,220

A household renting a two-bedroom home at the Small Area FMR of $1,360 needs about $54,400 a year to keep housing costs at 30% of income. The area median family income is $84,800 and the 80% low-income limit for four people is $68,950. ZIP code 18438 lies mainly in Wayne County. See the Wayne County, PA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
18451	Paupack	3.5 mi	$1,460
18464	Tafton	4.8 mi	$1,550
18473	White Mills	6.1 mi	$1,270
18436	Lake Ariel	7.1 mi	$1,330
18428	Hawley	7.4 mi	$1,380
18426	Greentown	7.9 mi	$1,370

Questions

What is the Fair Market Rent for ZIP code 18438?

HUD's FY2027 Small Area Fair Market Rents for 18438 are $1,000 (studio), $1,140 (1 BR), $1,360 (2 BR), $1,830 (3 BR) and $2,250 (4 BR) a month.

What is the Section 8 payment standard in 18438?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 18438 that range is $1,224 to $1,496 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 18438?

The FY2026 income limits of the Wayne County, PA area apply: median family income $84,800, low-income (80%) limit $68,950 for a family of four.