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 | $1,250 |
| 2 Bedrooms | $1,640 |
| 3 Bedrooms | $2,030 |
| 4 Bedrooms | $2,170 |
| 5 Bedrooms | $2,517 |
| 6 Bedrooms | $2,819 |
| 7 Bedrooms | $3,045 |
| 8 Bedrooms | $3,197 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,640 | $352,159 | 0.47% | F |
| 3BR | $2,030 | $440,925 | 0.46% | F |
U.S. Census Bureau data (2024)
Rosendale, NY, located in ZIP code 12472, stands out in Ulster County with a population of 1,146 residents. The ZIP code has a rental rate of 36.4%, which is slightly above the national average. The median household income here is $70,559, reflecting a middle-class community. Notably, the median home value in Rosendale is $393,014, indicating a relatively stable housing market.
The economic landscape for landlords and small-portfolio investors is influenced significantly by the Federal Market Rent (FMR) rates. For ZIP 12472, the FMR for fiscal year 2024 is set at $1,520. In contrast, the market rent, as per the Census ACS data, is $1,322. This discrepancy means that landlords participating in the Section 8 program can expect a higher rent payment compared to the typical market rate, making it an attractive option for maintaining cash flow and property occupancy.
The data signature of ZIP 12472 suggests a stable environment for real estate investment. With a moderate rental rate and a decent median income, the area supports a healthy mix of homeownership and rental properties. The higher FMR compared to the market rent indicates a supportive government subsidy for tenants, ensuring steady demand for rental units and a reliable source of income for landlords.
In conclusion, the combination of a reasonable rental rate, decent median income, and substantial government support through higher FMRs makes Rosendale, NY, a promising location for landlords and small-portfolio investors looking to secure their investments. The current data points towards a stable rather than transitional market, providing confidence in long-term real estate strategies.
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.