Section 8 Fair Market Rent (FMR) for ZIP 12471 - 2027

Location: Kingston, NY | Metro: Kingston, NY MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,440
1 Bedroom	$1,580
2 Bedrooms	$2,070
3 Bedrooms	$2,510
4 Bedrooms	$2,720
5 Bedrooms	$3,155
6 Bedrooms	$3,534
7 Bedrooms	$3,817
8 Bedrooms	$4,008

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

237

Median Household Income

$N/A

Housing Units

219

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 12471, located within the Kingston, NY MSA metro area, can serve as a solid cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1920 for a one-bedroom unit. While specific market data for ZIP 12471 is limited, the lack of significant appreciation potential and the presence of a stable rental demand make it a reliable choice for steady cash flow.

The absence of substantial market data suggests that this area is less volatile compared to other regions, reducing the risk of sudden price drops or increases. Additionally, the median income in the area is not provided, but the low percentage of renters (0.0%) indicates a primarily owner-occupied market, which can be advantageous for long-term stability. Landlords and small-portfolio investors should focus on the consistency of rental income rather than speculative appreciation in ZIP 12471.

To further support this strategy, consider the following:

Flood Risk: With a major risk of flooding, it is crucial to ensure that any properties within the portfolio are adequately insured and maintained to avoid financial losses due to natural disasters.
Schools: There are no elementary schools listed in this region, which might affect the desirability of the area for families. However, this does not necessarily detract from its value as a cash-flow anchor, especially if targeting single individuals or couples without children.

In summary, ZIP 12471 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The consistent rental income, stable market conditions, and the known risks associated with natural disasters should be carefully managed to ensure long-term profitability and security for the investor.

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.