Section 8 Fair Market Rent (FMR) for ZIP 12525 - 2027

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

Investment Score for ZIP 12525

Monthly Rent (2BR)

$2,120

Median Price (2BR)

$439,384

1% Rule

0.48%

Annual Yield

5.79%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,480
1 Bedroom	$1,620
2 Bedrooms	$2,120
3 Bedrooms	$2,580
4 Bedrooms	$2,790
5 Bedrooms	$3,236
6 Bedrooms	$3,624
7 Bedrooms	$3,914
8 Bedrooms	$4,110

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$2,120	$439,384	0.48%	F
3BR	$2,580	$567,102	0.45%	F
4BR	$2,790	$690,610	0.4%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,749

Median Household Income

$110,268

Housing Units

1,376

Renter Percentage

33.0%

Occupancy Rate

79.7%

Renter Occupied

362

The village of Gardiner, located in ZIP code 12525, is part of Ulster County in New York State. Known for its rural charm and proximity to larger urban centers like Kingston, Gardiner offers a blend of suburban living and natural beauty. This analysis delves into the key metrics that define the real estate market in Gardiner, focusing on factors relevant to landlords and small-portfolio investors.

The Fair Market Rent (FMR) for a two-bedroom apartment in Gardiner, NY for fiscal year 2024 is set at $1700. This figure represents the maximum amount that low-income families should pay for housing under the Section 8 program.
The average market rent for properties in Gardiner, NY, according to the latest Census American Community Survey (ACS), stands at $1,750. This indicates that the market closely aligns with the FMR, suggesting a stable rental environment.
The median home value in Gardiner, NY, is $539,995. This high median value reflects the affluent nature of the community and can be indicative of strong property appreciation potential over time.
Renters make up 33.0% of the population in Gardiner, NY, highlighting a significant portion of the local market that could be interested in rental properties.
The median household income in Gardiner, NY, is $110,268. This robust income level suggests that residents have the financial capability to support higher rents and property values.
Data on days on market (DOM) is currently unavailable for Gardiner, NY. However, the other metrics suggest a steady demand for both rental and homeownership options.

Gardiner, NY, presents a compelling investment opportunity for landlords and small-portfolio investors. The close alignment between the FMR and market rent points to a balanced rental market. With a median home value exceeding half a million dollars and median incomes well above the national average, there's a strong economic foundation supporting property values and rental rates. The substantial renter share also underscores a consistent demand for rental properties, making Gardiner a favorable location for those looking to invest in real estate. Despite the lack of specific DOM data, the overall stability and wealth indicators suggest a reliable market for rental investments.

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.