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Scranton city, PA

ZIP 18505 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 18505

Median Home Value
$139,800
Median Rent
$788
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$898/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 18505 in Scranton city, PA, a household would need roughly $38,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $898. That sits below the local median household income ($52,599), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
55.0%-16% vs US avg
x
Vacancy Rate
14.7%+42% vs US avg
x
Broadband Access
85.7%-1% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
8.1%-37% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
30.0%-40% vs US avg
x
Mortgage-Free
50.8%+33% vs US avg
x
$139,800
Home Value
$788
Rent
1944
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.0%
  • 1-unit attached9.0%
  • 2-9 units24.9%
  • 10+ units5.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$139,800
Median rent$788
Owner-occupied55.0%
Vacant14.7%
Price-to-income2.7x
Est. income to buy$38,000