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 | $1,910 |
| 1 Bedroom | $2,220 |
| 2 Bedrooms | $2,610 |
| 3 Bedrooms | $3,360 |
| 4 Bedrooms | $3,560 |
| 5 Bedrooms | $4,130 |
| 6 Bedrooms | $4,626 |
| 7 Bedrooms | $4,996 |
| 8 Bedrooms | $5,246 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,610 | $492,486 | 0.53% | F |
| 3BR | $3,360 | $637,140 | 0.53% | F |
| 4BR | $3,560 | $698,842 | 0.51% | F |
| 5BR | $4,130 | $742,282 | 0.56% | F |
U.S. Census Bureau data (2024)
26-day DOM indicates that properties in ZIP 11779 are moving quickly off the market, suggesting strong demand among potential tenants. This swift turnover rate can be attributed to the area's median home value of $619,145, which is significantly higher than the national average, positioning it as an attractive residential zone. The market rent, or ZORI, stands at $2,814, while the Fair Market Rent (FMR) for Section 8 eligibility in the zip code for fiscal year 2024 is set at $2330. This gap between ZORI and FMR highlights the financial advantage for landlords participating in the Section 8 program, as they can still achieve competitive rental rates while ensuring stable, government-backed payments. With a renter share of 24.3%, there is a notable portion of the population relying on rental housing, further supporting the viability of rental investments in Ronkonkoma, NY. The median income of $112,180 provides insight into the economic health of the area, indicating that residents have the financial capacity to meet their living expenses, including rent. Additionally, the low price-cut share of 0.1% suggests that property values are relatively stable, with little need for sellers to reduce their asking prices. Given these factors, the verdict on Section 8 participation in ZIP 11779 is positive, offering a reliable stream of income for landlords and small-portfolio investors alike.
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.