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 | $880 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,350 | $182,739 | 0.74% | D |
U.S. Census Bureau data (2024)
The ZIP code 12934 is home to 1,120 residents, with 21.4% being renters. The median household income in this area stands at $77,734. This demographic indicates that while there is a significant portion of renters, the overall population is not heavily dominated by rental properties, suggesting that the demand for Section 8 vouchers may not be as high as in more renter-heavy areas.
The typical market rent in ZIP 12934 is $830 per month. To contextualize this figure, it consumes approximately 10.7% of the median household income ($77,734), indicating that rent is relatively affordable compared to the average income level. However, when comparing this to the Fair Market Rent (FMR) of $1,080 for FY 2026, which is set by the U.S. Department of Housing and Urban Development (HUD) for the metro area, it becomes evident that the actual market rent is below the HUD's benchmark, potentially making it easier for tenants to find housing without needing to rely on vouchers.
A landlord in ZIP 12934 can expect a tenant profile that is moderately dependent on rental assistance. While some tenants will likely use Section 8 vouchers, the overall demand is not as strong as it might be in areas with higher percentages of renters. Tenants here are likely to have stable incomes and be capable of contributing a reasonable portion of their earnings towards rent without full reliance on government subsidies.
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.