Location: Clinton County, NY | Metro: Clinton County, NY
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,160 | $129,751 | 0.89% | C |
| 3BR | $1,380 | $190,520 | 0.72% | D |
U.S. Census Bureau data (2024)
The ZIP code 12910, located in Altona, NY, presents a dynamic rental market influenced by the interplay between federal guidelines and local conditions. The Fair Market Rent (FMR) set by the Department of Housing and Urban Development (HUD) for fiscal year 2026 stands at $1,160. This figure is higher than the current market rent of $1,061, based on Census American Community Survey (ACS) data, suggesting that landlords have an opportunity to gradually increase rents to align with HUD's FMR.
The median home value in ZIP 12910 is $137,010. While this indicates a relatively affordable housing market, it doesn't provide a complete picture of the supply-demand balance without additional data on price-cut share and days on market (DOM). However, the low market rent compared to FMR implies that there might be some room for upward adjustment in rental pricing, indicating a potential for demand to catch up with supply over time.
A significant 18.5% of residents in this area are renters. This percentage suggests that there is a substantial segment of the population that relies on rental housing, which can create long-term housing pressure. As the economy fluctuates and housing needs change, this reliance on rentals can mean that even minor shifts in the availability of rental properties could impact overall housing stability and affordability.
The absence of data regarding price-cut share and days on market (DOM) makes it challenging to definitively state whether supply outpaces demand or vice versa. However, the gap between the HUD FMR and the actual market rent, combined with the notable renter share, points towards a market where demand could be rising, or supply might be insufficient to meet existing needs without price adjustments.
In conclusion, ZIP 12910 appears to be a market in flux, with rental rates below HUD's FMR and a significant portion of residents relying on rental housing. These factors suggest a potential for rental prices to rise, reflecting an underlying tension between supply and demand that could evolve as economic conditions and housing policies shift.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.