Location: St. Lawrence County, NY | Metro: St. Lawrence County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $860 |
| 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 |
U.S. Census Bureau data (2024)
The ZIP code 12965 is characterized by a relatively small population of 363 residents, with only 9.9% identifying as renters. This indicates that the area is predominantly homeowner-dominated rather than a renter-heavy zone. The median household income in this ZIP is $66,477, which provides a benchmark against which to assess rental affordability.
Market rent data for ZIP 12965 is not available; however, we can compare the median income to the Fair Market Rent (FMR), which is set at $1,170 for FY 2026 in the metro area. Assuming that the FMR is indicative of the general rental market conditions, a typical rent of $1,170 would consume approximately 17.6% of the median household income. This is calculated by dividing the FMR by the median income and multiplying by 100. To put it into perspective, if a household earns $66,477 annually, their monthly income would be around $5,540, making the FMR a reasonable portion of their earnings.
The scarcity of renters in ZIP 12965 suggests that the demand for Section 8 vouchers is likely to be shallow. Landlords in this area should not anticipate a large influx of tenants seeking government-subsidized housing. Instead, they should prepare for a smaller number of potential tenants who qualify for vouchers based on the limited rental market.
A landlord in ZIP 12965 can expect tenants who are financially constrained but still within the bounds of the local economy. Given the high FMR relative to the median income, these tenants will likely be looking for units that offer rents closer to the lower end of the spectrum to ensure affordability. They will also be sensitive to the availability of units that accept Section 8 vouchers, given the limited rental pool.
In summary, ZIP 12965 is not an ideal location for focusing on Section 8 tenants due to its low percentage of renters and higher-than-average FMR. However, for those landlords willing to accept vouchers, the tenants will be individuals or families who require financial assistance to afford housing within the local market conditions.
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.