Location: Kiryas Joel-Poughkeepsie-Newburgh, NY | Metro: Kiryas Joel-Poughkeepsie-Newburgh, NY MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,530 |
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $2,180 |
| 3 Bedrooms | $2,780 |
| 4 Bedrooms | $2,900 |
| 5 Bedrooms | $3,364 |
| 6 Bedrooms | $3,768 |
| 7 Bedrooms | $4,069 |
| 8 Bedrooms | $4,272 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,780 | $440,229 | 0.63% | D |
| 4BR | $2,900 | $591,076 | 0.49% | F |
U.S. Census Bureau data (2024)
The ZIP code 10919 is not a renter-heavy area suitable for a deep voucher demand tenant pool. With a population of 1,551, the data shows that 0.0% of residents are renters, indicating that this area is predominantly composed of homeowners. The median household income stands at $108,859, which is significantly higher than the Fair Market Rent (FMR) for the area, set at $1,880 for fiscal year 2024.
Given the lack of rental data, it's impossible to calculate the exact percentage of local income that typical rent would consume. However, we can infer that since the median income far exceeds the FMR, the average renter in this area would likely spend a much smaller portion of their income on housing compared to national averages. This suggests that tenants in this ZIP code would have ample disposable income beyond housing costs, potentially leading to a lower risk of late payments or eviction.
A landlord operating in ZIP code 10919 should expect a tenant profile that aligns closely with the demographic characteristics of the area. Tenants are likely to be individuals or families with stable employment and financial situations, given the high median income level. The scarcity of voucher holders means that landlords can focus on attracting tenants who can afford market-rate rents without government assistance.
In conclusion, while 10919 offers attractive income levels for landlords, the absence of significant rental activity and voucher demand makes it less favorable for those specifically targeting Section 8 tenants. Landlords should prepare for a niche market with high-income potential tenants but limited opportunities for subsidized housing programs.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.