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 Fair Market Rent (FMR) for ZIP code 13623 in the metro area for fiscal year 2026 is set at $1,140. This figure represents the payment standard for Section 8 rentals, which is the amount the government will pay toward the rent on behalf of eligible tenants. It's important to note that this is not the total rent you can charge; it's the maximum subsidy payment.
In ZIP 13623, the median market rent is currently listed as N/A, which means there isn't enough data to provide an accurate comparison against the FMR. However, the lack of specific local rent data does not necessarily indicate low demand for affordable housing. The renter share, which is the percentage of renters in the area, is reported as 0.0%. This unusually low number suggests that very few residents are renting, potentially indicating a strong owner-occupied market. Despite this, the demand for affordable housing can still be high, especially if there are significant portions of the population who qualify for assistance but cannot find suitable homes.
The acquisition cost for properties in this ZIP code is also listed as N/A, which means there isn't sufficient information available to determine the average price landlords might expect to pay for a property. This could be due to limited sales data or other factors affecting the real estate market in the area.
Before committing to a Section 8 rental in ZIP 13623, it's crucial to verify the condition of the property. Section 8 requires landlords to maintain their properties to certain standards, known as Housing Quality Standards (HQS). These standards ensure that the home is safe, decent, and sanitary. Landlords must pass regular inspections to continue receiving subsidies. Therefore, ensuring your property meets these standards is essential for avoiding complications and maintaining eligibility.
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.