Location: Columbia County, NY | Metro: Kiryas Joel-Poughkeepsie-Newburgh, 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 | $1,650 |
| 1 Bedroom | $1,790 |
| 2 Bedrooms | $2,220 |
| 3 Bedrooms | $2,780 |
| 4 Bedrooms | $2,940 |
| 5 Bedrooms | $3,410 |
| 6 Bedrooms | $3,819 |
| 7 Bedrooms | $4,125 |
| 8 Bedrooms | $4,331 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,220 | $365,131 | 0.61% | D |
| 3BR | $2,780 | $541,628 | 0.51% | F |
| 4BR | $2,940 | $726,722 | 0.4% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 12583, Tivoli, NY, is set at $2040 per month for the fiscal year 2024. This figure represents the maximum amount that a landlord can receive under the Section 8 program for a rental unit in this area. It's important to note that this is not the actual rent that tenants will pay; rather, it's the ceiling for the Housing Assistance Payment (HAP).
In contrast, the average rent for a two-bedroom apartment in Tivoli, NY, as reported by the Census Bureau's American Community Survey (ACS), is $1,656. This indicates that the FMR is higher than the typical market rate, which could be beneficial for landlords participating in the Section 8 program.
Tivoli has a renter share of 32.6%, meaning that over a third of the households in this area are renters. This suggests a steady demand for rental properties, especially those that cater to low-income families who might rely on Section 8 vouchers.
The median home value in Tivoli, NY, stands at $479,941. For potential landlords looking to acquire a property for their first Section 8 rental, this figure gives an idea of the investment required. While the FMR offers a guaranteed income source, it's crucial to ensure that the property meets all necessary standards and regulations to qualify for the program.
Before deciding to participate in the Section 8 program, verify that your property complies with the Housing Quality Standards (HQS). These standards cover various aspects such as safety, habitability, and cleanliness, ensuring that the rental unit is suitable for occupancy. Compliance with HQS is mandatory for landlords who wish to receive payments through the program.
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.