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 | $720 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $100,973 | 1.02% | B |
| 3BR | $1,230 | $123,873 | 0.99% | C |
| 4BR | $1,350 | $120,282 | 1.12% | B |
| 5BR | $1,566 | $154,351 | 1.01% | B |
U.S. Census Bureau data (2024)
The ZIP code 13669, encompassing Ogdensburg, NY, presents a market in motion where the dynamics between supply and demand are critical to understand. The Fair Market Rent (FMR) for the area stands at $1,030 for fiscal year 2026, while the actual market rent reported by the Census ACS is lower at $788. This discrepancy suggests that the rental market is currently experiencing downward pressure, indicating a potential oversupply relative to demand.
The 0.2% price-cut share is notably low, which could imply that landlords and property owners are holding firm on their pricing, perhaps due to stable competition or limited need to adjust rates. However, the absence of day-on-market (DOM) data makes it challenging to assess the speed at which properties are being leased or sold, leaving some uncertainty regarding the current transactional climate.
A median home value of $106,749 places Ogdensburg among areas with relatively affordable housing options. Coupled with the FMR and market rent figures, this suggests that homeownership is accessible, potentially attracting buyers over renters. Yet, the 25.8% renter share indicates a significant portion of the population prefers or is compelled to rent, which can exert long-term pressure on the housing market. A higher renter share often correlates with areas where economic conditions favor renting over buying, or where there's a demographic preference for rental properties.
In summary, Ogdensburg, NY, is characterized by a rental market under slight downward pressure, indicative of a balanced or slightly oversupplied market. The low price-cut share and affordable median home values suggest a stable environment for both landlords and small-portfolio investors, with a notable renter population that will continue to influence local housing dynamics.
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.