Section 8 Fair Market Rent (FMR) for ZIP 12775 - 2027

Investment Score for ZIP 12775

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

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

The median Fair Market Rent (FMR) for ZIP 12775 (Rock Hill, NY) in fiscal year 2026 is set at $1,910. This figure is crucial for landlords and small-portfolio investors. Here are some common objections raised by skeptical investors:

• Will FMR $1,910 (metro FY 2026) cover the mortgage on a $394,471 home?: According to recent data, the median monthly rent in Rock Hill is $1,370 for a three-bedroom apartment. However, the FMR is higher at $1,910, which should provide a buffer for covering mortgage payments. Assuming a 4.5% interest rate and a 20% down payment, the monthly mortgage payment on a $394,471 home would be approximately $1,770. This is below the FMR, suggesting that rental income could indeed cover the mortgage.
• Is there enough renter demand at 13.6%?: The rental market in Rock Hill is quite limited, with only 12.3% of homes rented out and 0.0% of houses and apartments available to rent. Given the low vacancy rate, it's clear that there isn't a high demand for rentals. Landlords might need to consider competitive pricing strategies to attract tenants.
• Will vouchers keep pace with $1,723 market rents?: The median monthly rent for a three-bedroom home is $1,370, which is lower than the FMR but still above the voucher amount of $1,723. While this indicates that vouchers could cover the typical rent, the difference between the FMR and the actual market rent suggests that landlords might need to adjust their expectations for voucher-assisted rentals. The FMR is designed to ensure that rents remain affordable, so it's reasonable to expect that vouchers will align closely with market conditions over time.

Note: Some data points are based on estimates and may vary depending on the source. It's advisable to consult multiple sources for a more accurate analysis.

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.