Location: Essex County, NY | Metro: Essex County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
U.S. Census Bureau data (2024)
The ZIP code 12858, located in a rural area of New York, stands out due to its unique characteristics. With only 118 residents, it has an extremely low rental rate at 0.0%, indicating that nearly all homes are owner-occupied. The median income of $124,167 suggests a relatively affluent community, although the absence of data for median home values implies limited housing transactions or a lack of recent real estate activity.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area covering fiscal year 2026 is set at $1,220. However, the absence of local market rent data makes it difficult to assess how the FMR compares to actual rental rates in the area. This could be due to the minimal rental market presence, which is consistent with the overall low number of renters in ZIP 12858.
The data signature for ZIP 12858 reads as stable. The high median income and lack of rental properties suggest a community where homeownership is prevalent and where the demand for rental properties, including those supported by Section 8 vouchers, is very low. This stability, however, also means that there is little opportunity for growth in rental investments, making it less attractive for landlords and small-portfolio investors looking to expand their holdings in this ZIP code.
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.