Location: Kingston, NY | Metro: Kingston, NY MSA
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 | $1,180 |
| 1 Bedroom | $1,290 |
| 2 Bedrooms | $1,690 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | $2,220 |
| 5 Bedrooms | $2,575 |
| 6 Bedrooms | $2,884 |
| 7 Bedrooms | $3,115 |
| 8 Bedrooms | $3,271 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,050 | $282,151 | 0.73% | D |
U.S. Census Bureau data (2024)
ZIP code 12456, located in the Kingston, NY MSA metro area, offers a unique opportunity for Section 8 real-estate investors seeking a cash-flow anchor. The Fair Market Rent (FMR) for ZIP 12456 in fiscal year 2024 is set at $1580, which provides a stable income stream for landlords participating in the program.
The median home value in ZIP 12456 is $271,568, indicating that properties here are relatively affordable compared to other areas within the MSA. This affordability factor makes it easier for landlords to acquire properties without a significant upfront investment, while still generating rental income through the Section 8 program. The lack of specific market data suggests that there isn't an overwhelming demand for higher rents, making the FMR a reasonable benchmark for the area.
Although the specific appreciation potential and days on market (DOM) data are not available, the median income figure of $63,833 provides a useful context. With 28.0% of the population being renters, there is a substantial demand for affordable housing options, which aligns well with the Section 8 program. This demographic ensures a steady pool of tenants who qualify for the program, reducing the risk of vacancy and providing consistent cash flow.
Investing in ZIP 12456 as a cash-flow anchor is advisable because the FMR covers the cost of maintaining and managing properties, allowing landlords to focus on long-term stability rather than short-term capital gains. The absence of high market pressures means that landlords can rely on the Section 8 subsidy to cover their expenses and generate a modest profit, making this ZIP code ideal for those looking to build a sustainable real-estate portfolio.
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.