FY2027 Small Area FMR · Bear Creek, PA
ZIP 18602 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 18602 (Bear Creek, PA) is $1,700 a month, down 9.6% from FY2026. That is 25% above the Scranton--Wilkes-Barre, PA area-wide FMR of $1,363.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 18602 sits in the Scranton--Wilkes-Barre, PA area
Of the 97 ZIP codes HUD lists for the area, 18602 has the 4th highest two-bedroom Small Area FMR. Scranton--Wilkes-Barre, 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 $1,363 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,700 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,170 | $1,053 – $1,287 | $949 | $1,300 |
| 1 bedroom | $1,390 | $1,251 – $1,529 | $1,106 | $1,540 |
| 2 bedrooms | $1,700 | $1,530 – $1,870 | $1,363 | $1,880 |
| 3 bedrooms | $2,210 | $1,989 – $2,431 | $1,786 | $2,450 |
| 4 bedrooms | $2,390 | $2,151 – $2,629 | $1,962 | $2,650 |
A household renting a two-bedroom home at the Small Area FMR of $1,700 needs about $68,000 a year to keep housing costs at 30% of income. The area median family income is $92,400 and the 80% low-income limit for four people is $73,600. ZIP code 18602 lies mainly in Luzerne County. See the Scranton--Wilkes-Barre, PA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 18602?
HUD's FY2027 Small Area Fair Market Rents for 18602 are $1,170 (studio), $1,390 (1 BR), $1,700 (2 BR), $2,210 (3 BR) and $2,390 (4 BR) a month.
What is the Section 8 payment standard in 18602?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 18602 that range is $1,530 to $1,870 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 18602?
The FY2026 income limits of the Scranton--Wilkes-Barre, PA area apply: median family income $92,400, low-income (80%) limit $73,600 for a family of four.