Location: Sullivan County, NY | Metro: Sullivan 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 | $1,010 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,300 | $320,107 | 0.41% | F |
| 3BR | $1,800 | $415,107 | 0.43% | F |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 12719, Barryville, NY, in Sullivan County, revolve around the SAFMR (Small Area Fair Market Rent) which is specifically tailored to this ZIP code. For fiscal year 2026, the SAFMR for a two-bedroom apartment is set at $1,320 per month. This figure represents the maximum amount that the housing authority will reimburse landlords for renting out a two-bedroom unit under the Section 8 program.
To understand how this works for landlords, it's crucial to break down the components of the voucher payment. The voucher covers the difference between what the tenant can afford to pay and the SAFMR. Typically, tenants contribute 30% of their adjusted income towards rent. If a tenant's monthly adjusted income is $1,000, they would pay $300 towards the rent, leaving the remaining $1,020 to be covered by the Section 8 voucher. However, the actual reimbursement may be less if the tenant's contribution exceeds the SAFMR minus the utility allowance.
Utility allowances are also factored into the overall payment structure. These allowances vary but generally provide additional funds to cover electricity, gas, water, and sewer costs. In ZIP 12719, the utility allowance for a two-bedroom apartment is typically around $200 per month. Therefore, the total reimbursement a landlord might receive for a two-bedroom apartment is the sum of the tenant's contribution and the utility allowance, up to the $1,320 SAFMR limit.
If the local market rent for a two-bedroom apartment were higher than the SAFMR, landlords would face a reimbursement gap. However, since the local market rent data for ZIP 12719 is currently unavailable, we cannot determine the exact size of this gap. But assuming the local market rent is higher than the SAFMR, the landlord would have to decide whether to accept the lower Section 8 reimbursement or seek higher-paying tenants outside the program.
In Barryville, NY, landlords should expect a reimbursement gap if the local market rent exceeds the SAFMR of $1,320. Conversely, if the local market rent is lower, landlords could potentially see a surplus, meaning the voucher amount would exceed the market rent, providing a buffer against potential maintenance costs or vacancies. To make informed decisions, landlords must stay updated on local rental market trends and compare them against the fixed SAFMR rates provided by the government.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.