Location: Seneca County, NY | Metro: Seneca County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $2,020 |
| 5 Bedrooms | $2,343 |
| 6 Bedrooms | $2,624 |
| 7 Bedrooms | $2,834 |
| 8 Bedrooms | $2,976 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 13065 in the metro area for fiscal year 2026 is set at $1,230. This figure represents the payment standard under the Section 8 Housing Choice Voucher program, meaning that if you participate in this program, you will receive up to $1,230 per month for a unit in this ZIP code, regardless of the actual rent you charge.
Note that this $1,230 is not your rent; it's the maximum amount the housing authority will pay on behalf of the tenant. The actual rent you can charge must be reasonable and cannot exceed this limit. For instance, if you have a property that is worth $1,500 per month, you would need to adjust your asking price to align with the FMR.
In ZIP 13065, the local market rent is currently listed as N/A, which suggests there isn't enough data to provide a reliable comparison against the FMR. However, the 0.0% renter share indicates that very few people in this area rely on rental assistance programs, potentially reducing the demand for Section 8 rentals. This could mean fewer applications and longer wait times to fill your property.
The acquisition cost for properties in this area is also listed as N/A, making it difficult to assess the average purchase price or investment required. Without this information, you should research recent sales in the area to understand the typical costs of acquiring a rental property.
A key verification step before deciding to take on a Section 8 rental is to ensure that your property meets the housing quality standards (HQS) set by the Department of Housing and Urban Development (HUD). These standards cover a range of criteria to make sure the home is safe and livable for tenants. If your property does not meet these standards, you will need to make necessary improvements before it can be approved for the program.
To summarize, while the FMR provides a clear guideline for the maximum payment you can receive through the Section 8 program, the lack of local market rent data and the low renter share suggest that demand might be limited. Ensure your property meets HUD’s HQS to avoid delays in securing a tenant.
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.