Location: Nassau-Suffolk, NY | Metro: Nassau-Suffolk, NY HUD Metro FMR Area
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 | $2,150 |
| 1 Bedroom | $2,510 |
| 2 Bedrooms | $2,950 |
| 3 Bedrooms | $3,790 |
| 4 Bedrooms | $4,030 |
| 5 Bedrooms | $4,675 |
| 6 Bedrooms | $5,236 |
| 7 Bedrooms | $5,655 |
| 8 Bedrooms | $5,938 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,790 | $664,761 | 0.57% | F |
| 4BR | $4,030 | $718,329 | 0.56% | F |
U.S. Census Bureau data (2024)
The ZIP code 11752 is situated in a high-end residential area characterized by a relatively small population of 9,204 residents. The neighborhood has a low rental rate at 11.8%, indicating that it is primarily composed of homeowners rather than tenants. With a median household income of $151,917, the community is affluent, and the median home value stands at $627,473, reflecting the luxury nature of the housing stock.
From an investment perspective, the Federal Market Rent (FMR) for ZIP 11752 in fiscal year 2024 is set at $2,970. This is notably higher than the average market rent of $2,466, as reported by the Census Bureau's American Community Survey (ACS). The discrepancy between the FMR and the market rent suggests a potential opportunity for landlords who can manage properties efficiently to attract Section 8 tenants willing to pay the higher voucher amount.
Given these economic conditions, ZIP 11752 is better suited for a hands-on value-add buyer rather than a hands-off voucher operator. The affluent surroundings and higher FMR indicate that there is a premium placed on property quality and management. Landlords who are willing to invest in improving property amenities and maintenance will likely see a positive return on their investment, as they can capitalize on the difference between the FMR and the current market rent. This strategy is particularly effective in an area where the demand for affordable housing is met with a willingness to pay above-average rents due to the quality of the neighborhood and its offerings.
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.