Location: Greene County, NY | Metro: Greene 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 | $960 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,760 |
| 4 Bedrooms | $2,100 |
| 5 Bedrooms | $2,436 |
| 6 Bedrooms | $2,728 |
| 7 Bedrooms | $2,946 |
| 8 Bedrooms | $3,093 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,760 | $424,259 | 0.41% | F |
U.S. Census Bureau data (2024)
1370 - The Fair Market Rent (FMR) for ZIP code 12492, as of metro fiscal year 2026, is set at $1,370. This figure represents the maximum amount a landlord can charge for a Section 8 rental unit in this area.
394816 - With a median home value of $394,816, it's evident that the real estate market in ZIP 12492 is robust, providing potential for significant investment returns.
4.9 - Renter share stands at 4.9%, indicating a moderate reliance on rental properties within the community. This suggests a balanced market where both homeownership and renting coexist.
150833 - The median income of $150,833 highlights the economic strength of the area, which is crucial for landlords as it signals a higher likelihood of stable rental payments.
N/A - While there is no specific data on days on market (DOM) or the percentage of price-cut shares for this ZIP code, the absence of such information does not necessarily indicate poor performance. It could simply mean less volatility or fewer transactions requiring price adjustments.
1370 - Given the $1,370 FMR, landlords should ensure their properties meet the quality standards required by the Section 8 program to maximize occupancy rates.
394816 - Investors looking to purchase properties in this ZIP code should consider the median home value of $394,816 as a benchmark for assessing property worth and potential resale value.
4.9 - A 4.9% renter share suggests that while the demand for rentals exists, it may not be overwhelming. Landlords should focus on maintaining competitive rents and property conditions to attract tenants.
150833 - The high median income of $150,833 supports the notion that tenants in ZIP 12492 are likely to be financially stable, reducing the risk of default on rental payments.
1370 - For landlords considering participation in the Section 8 program, the $1,370 FMR provides a clear guideline for setting rental prices that will be approved by the housing authority.
394816 - Small-portfolio investors should also take note of the median home value, which at $394,816, reflects the overall health and desirability of the real estate market in this area.
4.9 - Although the renter share is only 4.9%, the strong local economy suggests that rental demand could increase if more affordable units become available.
150833 - The median income of $150,833 implies that many residents have the financial capacity to afford higher rents, but they may still prefer the stability and predictability offered by Section 8.
1370 - In conclusion, for landlords and small-portfolio investors, ZIP 12492 offers a solid opportunity with its $1,370 FMR, reflecting a balance between affordability and market value.
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.