Section 8 Fair Market Rent (FMR) for ZIP 12748 - 2027
Location: Sullivan County, NY | Metro: Sullivan County, NY
Investment Score for ZIP 12748
F
Monthly Rent (2BR)
$1,270
Median Price (2BR)
$268,007
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 | $980 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,760 |
| 4 Bedrooms | $1,780 |
| 5 Bedrooms | $2,065 |
| 6 Bedrooms | $2,313 |
| 7 Bedrooms | $2,498 |
| 8 Bedrooms | $2,623 |
Investment Analysis by Bedroom Size
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms |
Monthly FMR |
Median Price |
1% Rule |
Grade |
| 2BR |
$1,270 |
$268,007 |
0.47% |
F |
| 3BR |
$1,760 |
$356,530 |
0.49% |
F |
| 4BR |
$1,780 |
$390,808 |
0.46% |
F |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$86,927
To determine if you should buy in ZIP code 12748 (Jeffersonville, NY) for Section 8 investments, follow this decision tree:
- Does the Fair Market Rent ($1,250) clear debt service on a $334,061 property?
- Yes. At $1,250 per month, the Fair Market Rent (FMR) is sufficient to cover the debt service on a property priced at $334,061. This makes the investment financially viable under Section 8 guidelines.
- No. The FMR does not clear the debt service on a $334,061 property, making it unfeasible for Section 8 without additional income sources or subsidies.
- Is the market rent ($1,088) above, at, or below the FMR?
- Above. If the market rent were above $1,250, it would suggest that there's room to charge more than the FMR, which could be advantageous for landlords.
- At or Below. With the market rent at $1,088, it's below the FMR. Landlords can leverage the higher FMR to secure better rental agreements, especially for Section 8 tenants.
- Are 14.3% of residents renters and do they stay long enough to meet demand?
- Yes. With 14.3% of residents being renters and the lack of data on days on market (DOM), it indicates a moderate level of demand. However, the absence of DOM data means we cannot conclusively assess how quickly properties are rented out.
- No. If the percentage of renters were significantly lower or if the DOM were excessively high, it would signal insufficient demand for rental properties.
- It Depends. Given the limited data on DOM, the decision hinges on other factors such as local economic conditions and competition in the rental market. A DOM analysis is crucial but currently unavailable.
In summary, ZIP 12748 offers a feasible opportunity for Section 8 investments based on the FMR covering debt service and the market rent being below the FMR. However, the demand assessment is inconclusive due to missing DOM data. Conduct further research on local rental market dynamics to make an informed decision.
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.