ZIP Code · PA

ZIP 18508

Part of Scranton, PA

Pop. 11,565·Lackawanna County·170th most expensive ZIP in Pennsylvania

Median rent (all units)

$1,432/mo

Year-over-Year

+10.8%

Month-over-Month

+0.5%

vs US Median

-$500

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 18508 · $1,432

More affordable than 78% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$920

1 BR

$1,090

2 BR

$1,330

3 BR

$1,730

4 BR+

$1,880

Research median

$1,330/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Pennsylvania

Rent in ZIP 18508 changed +10.8% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($49,895) is $1,247 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,090); a 2-bedroom is $1,330.

Rank in Scranton

5th cheapest of 5 ZIP codes in Scranton.

Cheaper nearby

ZIP 18510, 3 miles away, rents for 13% less ($1,252/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 18508. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,184/yr

At $1,432/mo median

Location

CityScranton

StatePA

CountyLackawanna County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+10.8% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 18508 (Scranton, PA) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 18.7% of residents hold a bachelor's degree or higher.

Population

11,565

Median income

$49,895

Median age

40.1

Renters

45.6%

Age distribution

21.9%

22%

23.7%

12%

20.3%

Under 1821.9%

18–3422%

35–5423.7%

55–6412%

65+20.3%

Gender

46.2%

53.8%

Male46.2%

Female53.8%

Race & ethnicity

75.2%

14.6%

White75.2%

Black8.3%

Hispanic14.6%

Asian1%

Other0.8%

Education (25+)

43.4%

25.9%

18.7%

No HS diploma11.9%

HS diploma43.4%

Some college25.9%

Bachelor's+18.7%

Housing tenure

54.4%

45.6%

Owner54.4%

Renter45.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 18508 in Scranton, PA has changed in 5 years

Income

$41,461 → $49,895

up 20.3%

Population

11,292 → 11,565

up 2.4%

Renter share

53.4% → 45.6%

-7.8 pts

Bachelor's+

18.5% → 18.7%

+0.2 pts

Median age

39.4 → 40.1

+0.7 yrs

Household income in the area moved from $41,461 to $49,895 across the same window, up 20.3% versus 2021. The population has grown by 2.4% since 2021, moving from about 11,292 residents to roughly 11,565. Renters now make up 45.6% of households, compared with 53.4% five years ago.

Community

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Local insights

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About renting in ZIP 18508

Last updated: October 17, 2026

ZIP code 18508 covers Scranton, PA. The median rent here is $1,432/mo as of October 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,330/mo.

At 34% of local median household income ($49,895/yr), ZIP 18508 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 18508?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,432/mo in ZIP 18508. The local median household income is $49,895/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 18508?

Rent in ZIP 18508 has risen 10.8% over the past year.

How does ZIP 18508 compare to other ZIPs in Pennsylvania?

ZIP 18508 is in the middle among Pennsylvania ZIP codes for rent, ranking #170 of 261 at $1,432/mo. Over the year to September 2026, rent in ZIP 18508 changed +10.8%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.