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 | $740 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $166,261 | 0.64% | D |
| 3BR | $1,270 | $184,953 | 0.69% | D |
| 4BR | $1,390 | $187,734 | 0.74% | D |
U.S. Census Bureau data (2024)
The classification of ZIP 13658, Lisbon, NY, hinges on its unique blend of yield potential and market stability. With a Fair Market Rent (FMR) of $1,150 for the fiscal year 2026, compared to a market rent of $634, the yield potential here is substantial. This difference suggests that properties under Section 8 can command a premium over market rates, indicating a higher potential return on investment.
However, the stability of this market is less robust. The rental market is dominated by a relatively low percentage of renters at 9.3%, which implies a smaller pool of potential tenants. Additionally, the median household income of $69,055 provides a moderate level of financial security for residents, but it does not necessarily translate into a highly stable tenant base.
The home value in ZIP 13658 stands at $159,869, which is an important figure when considering the capital investment required for property acquisition. Given the FMR and market rent figures, properties in this area could see a significant increase in rental income if they qualify for Section 8, thus potentially offering a high-yield opportunity.
Despite the high-yield potential, the lack of data on the average number of days on market (DOM) suggests some uncertainty regarding how quickly properties can be leased or re-leased. This factor contributes to the lower stability rating of the market.
In conclusion, ZIP 13658 leans towards being a high-yield market, driven by the disparity between the FMR ($1,150) and the market rent ($634). However, the stability is compromised due to the limited number of renters (9.3%) and the absence of day DOM data. Therefore, it is best described as a high-yield/low-stability market, suitable for investors willing to take on a higher risk for potentially greater returns.
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.