Location: St. Lawrence County, NY | Metro: St. Lawrence 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 | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $123,895 | 0.82% | C |
| 3BR | $1,210 | $161,093 | 0.75% | D |
| 4BR | $1,340 | $174,050 | 0.77% | D |
U.S. Census Bureau data (2024)
58,846 In Brasher Falls, NY, the median income stands at $58,846, which is crucial for understanding the financial capacity of potential tenants. 131,481 The median home value is significantly higher at $131,481, indicating a relatively stable housing market. 23.3 However, only 23.3% of residents are renters, suggesting a smaller pool of potential Section 8 participants compared to homeowners. 733 Market rent, based on Census ACS data, is pegged at $733, providing a benchmark against which landlords can measure their rental pricing. 970 The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $970, offering a more optimistic outlook for rental income. Despite the lack of specific data on days on market (DOM) and the percentage of price-cut shares, these figures suggest a balanced approach to investment. Given the stable median home value and the reasonable gap between market rent and FMR, landlords and small-portfolio investors can expect a moderate return on investment without significant risk. 58,846 With the median income being lower than both the market rent and FMR, it's essential for investors to consider the subsidy as a key component of their rental strategy. 970 A decision to participate in the Section 8 program could secure a steady stream of rental income at $970, aligning with the FMR projections. 733 Landlords should also be aware that the actual market rent is currently at $733, which might necessitate adjustments in pricing strategies to attract non-subsidized tenants. 23.3 With only 23.3% of the population renting, competition for tenants could be fierce, making the Section 8 program a viable option for securing long-term occupancy. 58,846 Investors must weigh the lower median income against the benefits of guaranteed payments through the Section 8 voucher program. 970 Overall, the combination of a stable housing market and favorable FMR projections suggests that participating in Section 8 could be a sound investment decision in Brasher Falls, NY.
Verdict: Section 8 participation is advisable for landlords seeking stable, long-term occupancy in ZIP 13613.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.