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 | $2,020 |
| 1 Bedroom | $2,350 |
| 2 Bedrooms | $2,760 |
| 3 Bedrooms | $3,550 |
| 4 Bedrooms | $3,770 |
| 5 Bedrooms | $4,373 |
| 6 Bedrooms | $4,898 |
| 7 Bedrooms | $5,290 |
| 8 Bedrooms | $5,555 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,550 | $771,678 | 0.46% | F |
| 4BR | $3,770 | $913,756 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 11777 in New York is characterized by a median family monthly income of $150,505 and a median home value of $776,628. The Fair Market Rent (FMR) for 2024 is set at $2,660, while the market rent stands at $3,320. This indicates a significant disparity between FMR and market rent, suggesting a potential high-yield market for landlords.
On the stability axis, 25.2% of residents are renters, indicating a moderate level of tenant presence. However, the lack of data on the number of days on market (DOM) suggests that there might be limited volatility in the rental market, implying relative stability.
To classify 11777, we need to consider both yield and stability. Given the higher market rent ($3,320) compared to the FMR ($2,660), this area leans towards being a high-yield market. The disparity suggests that landlords can potentially charge more than the government-set fair market rate, leading to higher returns on investment.
Regarding stability, the moderate percentage of renters (25.2%) and the absence of fluctuating DOM data imply a relatively stable environment. However, without concrete DOM figures, it's challenging to definitively categorize the stability. Based on the available data, 11777 appears to be more of a high-yield market with moderate stability, rather than a steady-cashflow zone. This classification is driven by the significant gap between FMR and market rent, which supports higher yields, and the moderate renter population that suggests reasonable stability.
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.