Location: Hamilton County, NY | Metro: Hamilton County, NY
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 | $980 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,550 | $508,022 | 0.31% | F |
U.S. Census Bureau data (2024)
The ZIP code 12139 stands out due to its unique combination of a low resident count at only 227 individuals, a modest rental rate of 15.5%, and a median income of $71,563. The median home value in this area is notably higher at $363,863, indicating that it is primarily a homeownership-driven community.
When it comes to Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,430. However, specific market rent data for ZIP 12139 is currently unavailable, which means landlords should rely on the FMR as a guideline for setting rental rates when accepting vouchers. This could present an opportunity for landlords to attract tenants who qualify for Section 8 assistance, though they must be aware that the actual market rents might differ.
Based on the available data, the ZIP code 12139 appears to be stable. The limited number of renters suggests that the demand for rental properties is not high, and the higher median home values indicate a trend towards homeownership. Landlords and small-portfolio investors should carefully consider these factors before deciding to accept Section 8 vouchers, as the low number of renters and lack of detailed market data might affect their decision-making process.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.