Location: Sullivan County, NY | Metro: Sullivan County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,030 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,330 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
U.S. Census Bureau data (2024)
The ZIP code 12786 stands out in its county with a unique set of characteristics that define its real estate landscape. With only 610 residents, it represents a small community where 33.5% of the population rents their homes. Despite the lack of available data on median income, the median home value in this area is notably high at $282,108. This indicates a predominantly owner-occupied housing market, with a significant portion of the community relying on rental properties.
The economics of Section 8 vouchers in ZIP 12786 is crucial for landlords and small-portfolio investors. The Fair Market Rent (FMR) for the fiscal year 2026 is set at $1,350 for the metro area, which can serve as a benchmark for rental pricing. However, without specific market rent data for ZIP 12786, it's challenging to assess how closely the FMR aligns with actual rental rates. Landlords should be aware of the potential gap between the FMR and local rental market conditions when setting their rental prices.
Evaluating the data signature of ZIP 12786, it appears to be a stable market, characterized by a high median home value and a consistent percentage of renters. The lack of median income data might suggest some limitations in assessing the broader economic context, but the overall picture points towards a steady environment. For those looking to invest in rental properties, understanding the dynamics between the FMR and local rental rates will be key to making informed decisions.
Data Sources: FMR data from HUD (2027). 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.