Section 8 Fair Market Rent (FMR) for ZIP 12779 - 2027

Location: Sullivan County, NY | Metro: Sullivan County, NY

Investment Score for ZIP 12779

N/A

Monthly Rent (2BR)

$1,180

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$900
1 Bedroom	$970
2 Bedrooms	$1,180
3 Bedrooms	$1,630
4 Bedrooms	$1,710
5 Bedrooms	$1,984
6 Bedrooms	$2,222
7 Bedrooms	$2,400
8 Bedrooms	$2,520

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
3BR	$1,630	$297,954	0.55%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,205

Median Household Income

$47,688

Housing Units

1,703

Renter Percentage

53.8%

Occupancy Rate

50.4%

Renter Occupied

462

ZIP code 12779, located in the heart of the Hudson Valley, New York, offers a stable rental market that is attractive to both landlords and small-portfolio investors seeking consistent returns. The area's proximity to natural beauty and recreational opportunities, combined with its relatively low cost of living compared to larger urban centers, makes it an ideal location for investment.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,120, providing a benchmark for rental pricing.
The actual market rent, according to the Census American Community Survey, stands at $1,001, indicating that the local rental market is slightly below the FMR but still robust.
The median home value in the area is $283,778, which is competitive for the region and suggests a moderate property investment value.
Renters make up 53.8% of the housing market, demonstrating a strong demand for rental properties and potential for steady occupancy rates.
The median household income is $47,688, reflecting a diverse economic profile that supports a range of rental price points.

Investors considering ZIP 12779 should take note of the favorable rental market conditions, where the actual market rent is close to the FMR, ensuring reasonable returns on investment. With a significant portion of residents being renters and a median income that supports rental affordability, the area presents a solid opportunity for those looking to enter or expand their real estate portfolio. The median home value indicates a balanced market, neither overheated nor undervalued, making it a safe bet for long-term investment strategies.

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.