Location: Essex 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 | $990 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $1,820 |
| 5 Bedrooms | $2,111 |
| 6 Bedrooms | $2,364 |
| 7 Bedrooms | $2,553 |
| 8 Bedrooms | $2,681 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,320 | $183,976 | 0.72% | D |
| 3BR | $1,600 | $215,472 | 0.74% | D |
| 4BR | $1,820 | $237,913 | 0.76% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 12944, Keeseville, NY, is set at $1,380 for the fiscal year 2026. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. It's important to note that this is not the amount you will receive as rent; it's the maximum amount that can be paid toward rent by the program.
In comparison, the average rent for a one-bedroom apartment in Keeseville, NY, based on Census American Community Survey (ACS) data, is $1,091. This indicates that the FMR is higher than the local average, potentially providing a better financial outcome for landlords who participate in the program.
The 22.6% share of renters in the area suggests a moderate demand for rental properties. While not overwhelming, there is a significant portion of the population that relies on rentals, making it a viable market for Section 8 properties. Additionally, the median home value in the area is around $202,125, which can help you gauge the potential acquisition cost of a property suitable for Section 8 tenants.
To ensure you're making an informed decision, verify the condition of the property you're considering. The Section 8 program requires homes to meet certain housing quality standards (HQS), which include safety, health, and structural requirements. Ensuring your property meets these criteria before committing to the program will save you time and money in the long run.
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.