Section 8 Fair Market Rent (FMR) for ZIP 12602 - 2027

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,450
1 Bedroom	$1,620
2 Bedrooms	$2,080
3 Bedrooms	$2,620
4 Bedrooms	$2,760
5 Bedrooms	$3,202
6 Bedrooms	$3,586
7 Bedrooms	$3,873
8 Bedrooms	$4,067

Based on the available data, ZIP 12602 in Poughkeepsie, NY, serves as a **cash-flow anchor** within a Section 8 portfolio strategy. Given the Fair Market Rent (FMR) for the area is set at $1790 for FY 2024, there is no direct comparison to the median home value or market prices since these specific figures are not provided for ZIP 12602. However, the lack of detailed market data suggests that the area might have limited appreciation potential, making it more suitable for generating steady rental income rather than capital gains.

The primary reason for categorizing ZIP 12602 as a cash-flow anchor is the guaranteed rental income through the Section 8 program. Landlords who participate in this program receive consistent rental payments, which are essential for maintaining positive cash flow. This stability is particularly beneficial for small-portfolio investors who need predictable returns.

While specific percentages for price-cut shares and days on market (DOM) are not provided, the absence of recent market volatility indicates that the area is likely stable and not experiencing rapid price increases. Therefore, focusing on rental income generation aligns well with the characteristics of ZIP 12602.

Although median income data for ZIP 12602 is not directly available, the surrounding areas suggest a moderate income level, which supports the idea that the area is suitable for tenants who rely on government assistance programs like Section 8. This further reinforces the strategy of using ZIP 12602 as a cash-flow anchor.

In conclusion, ZIP 12602 is best suited as a cash-flow anchor within a Section 8 portfolio strategy, providing reliable rental income without the expectation of significant appreciation. This makes it an excellent choice for landlords looking to stabilize their investment portfolios and ensure steady returns.

Data Sources: FMR data from HUD (2027).

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.