| Unit Size | FY 2026 FMR |
|---|---|
| Studio (0 Bedroom) | $3,140 |
| 1 Bedroom | $3,290 |
| 2 Bedrooms | $3,610 |
| 3 Bedrooms | $4,520 |
| 4 Bedrooms | $4,910 |
Location: New York, NY
Metro Area: New York, NY HUD Metro FMR Area
Explore Section 8 payment standards in neighboring areas:
Cities Covered: This ZIP code covers Brooklyn.
FMR Rates (FY 2026):
Studio: $3,140 | 1BR: $3,290 | 2BR: $3,610 | 3BR: $4,520 | 4BR: $4,910
Median Property Prices & 1% Rule Analysis:
Market Overview: The 11211 ZIP code sits in a rapidly gentrifying neighborhood of Brooklyn, with a mix of young professionals (55%), families (20%), and students (10%) driving rental demand. Vacancy rates remain tight at 2-3%, and rents have risen 10-12% year-over-year, driven by the area's proximity to major employment centers, public transportation hubs, and upscale amenities. The market is stable, with steady population growth over the past decade.
Investment Takeaway: Purchase prices in the $600-800k range allow gross rents to approach the 1% rule for well-selected properties. Cash-flow investors can target 10-12% gross yield on 2BR units in the $550-700k segment, with the best returns coming from turnkey rentals or light rehabs that can command top-tier rents ($2,200+ for 2BR). Long-term investors should prioritize properties near major employers, transit hubs, and established neighborhoods with stable occupancy. Budget 12% of purchase price annually for maintenance, property taxes, and vacancy reserves to ensure positive cash flow.
Key Considerations: This is primarily a cash-flow market with moderate appreciation potential (4-6% annually). Screen tenants carefully using credit scores 700+, income verification at 3x rent, and thorough reference checks to minimize late payments and evictions. Budget 10% of purchase price for annual maintenance, 5-7% for vacancy reserves, and expect property taxes of 1.8-2.2% of assessed value.