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 | $1,880 |
| 1 Bedroom | $2,180 |
| 2 Bedrooms | $2,570 |
| 3 Bedrooms | $3,310 |
| 4 Bedrooms | $3,510 |
| 5 Bedrooms | $4,072 |
| 6 Bedrooms | $4,561 |
| 7 Bedrooms | $4,926 |
| 8 Bedrooms | $5,172 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,310 | $993,739 | 0.33% | F |
| 4BR | $3,510 | $1,322,427 | 0.27% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 11952 within the Nassau-Suffolk, NY HUD Metro FMR area reveals several key insights regarding the viability of investing in this market. The rent math does not favorably align for Section 8 landlords. The Fair Market Rent (FMR) set at $2070 for fiscal year 2024 contrasts sharply with the actual market rent of $1,622 as reported by the Census ACS. This discrepancy indicates that landlords might face challenges in attracting tenants through the Section 8 program due to the higher rent subsidy required compared to the prevailing market rates.
Regarding property acquisition, the median home value stands at $978,243. Given that the days on market (DOM) is listed as N/A and the percentage of homes requiring price cuts is only 0.1%, it suggests that the housing market is relatively stable and not highly competitive. However, the high median home value means that acquiring properties in this area would be costly, making it less attractive for small-portfolio investors looking for affordable entry points.
Tenant demand appears limited. With a total population of 5,040 and only 13.8% of residents being renters, the pool of potential tenants is relatively small. This low renter share implies that there may not be enough demand to support multiple rental properties in this ZIP code, particularly those seeking to participate in the Section 8 program.
In summary, while the housing market in ZIP 11952 is stable, the unfavorable rent math and limited tenant demand make it an unattractive investment opportunity for Section 8 landlords and small-portfolio investors. The high median home value further complicates acquisition affordability, reinforcing the conclusion that this area may not meet the financial goals of such investors.
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.