FY2027 Small Area FMR · Laceyville, PA

ZIP 18623 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 18623 (Laceyville, PA) is $1,190 a month, up 3.5% from FY2026. That is 13% below the Scranton--Wilkes-Barre, PA area-wide FMR of $1,363.

2-bedroom SAFMR$1,190per month ▲ 3.5%

Area-wide 2 BR FMR$1,363Scranton--Wilkes-Barre, PA

Rank in the area82ndof 97 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$860▲ 3.6%

1 BR$940▲ 2.2%

2 BR$1,190▲ 3.5%

3 BR$1,520▲ 3.4%

4 BR$1,680▲ 3.7%

FY2027 FY2026

Where 18623 sits in the Scranton--Wilkes-Barre, PA area

Of the 97 ZIP codes HUD lists for the area, 18623 has the 82nd 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 $1,190 for this ZIP code instead.

ZIP code 18623 crosses more than one HUD area. HUD also lists it under Bradford County, PA (same figures) and Susquehanna County, PA (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$860	$774 – $946	$949	$830
1 bedroom	$940	$846 – $1,034	$1,106	$920
2 bedrooms	$1,190	$1,071 – $1,309	$1,363	$1,150
3 bedrooms	$1,520	$1,368 – $1,672	$1,786	$1,470
4 bedrooms	$1,680	$1,512 – $1,848	$1,962	$1,620

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 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 18623 lies mainly in Bradford County, Wyoming County and Susquehanna County. See the Scranton--Wilkes-Barre, PA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
18846	Sugar Run	5.0 mi	$1,140
18630	Meshoppen	6.6 mi	$1,200
18853	Wyalusing	7.5 mi	$1,120
18845	Stevensville	8.6 mi	$1,100
18629	Mehoopany	10.2 mi	$1,490
18828	Lawton	10.2 mi	$1,150

Questions

What is the Fair Market Rent for ZIP code 18623?

HUD's FY2027 Small Area Fair Market Rents for 18623 are $860 (studio), $940 (1 BR), $1,190 (2 BR), $1,520 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 18623?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 18623 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 18623?

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.