Location: Columbia County, NY | Metro: Columbia County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,130 |
| 1 Bedroom | $1,160 |
| 2 Bedrooms | $1,360 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
The ZIP code 12115 is primarily a homeowner-dominated area, with only 0.0% of its population renting. This indicates that there is little to no demand for Section 8 vouchers in this particular ZIP code. The median household income is relatively high at $91,875, suggesting that residents have the financial capability to afford homeownership or higher-end rentals.
Given the lack of rental data available for this ZIP code, it's difficult to provide a precise percentage of how much of the local income would typically go towards rent. However, when comparing the median household income to the Fair Market Rent (FMR) of $1,350, which is set for FY 2026 in the metro area, we can infer that the typical rent would consume a smaller portion of the average income. In other words, a median-income household could comfortably cover the cost of a market-rate rental unit without significant financial strain.
The type of tenant profile a landlord in ZIP code 12115 should expect is someone who is financially stable and likely has a steady income source. Given the low percentage of renters and the high median income, these tenants are probably not heavily reliant on Section 8 vouchers. Instead, they might be individuals or families who choose to rent due to lifestyle preferences or short-term living needs rather than financial necessity.
Data Sources: FMR data from HUD (2027). 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.