Location: St. Lawrence County, NY | Metro: St. Lawrence County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
The ZIP code 13677 in Unknown, NY presents a unique challenge for both renters and landlords due to incomplete data on median income and market rental rates. However, we can analyze the situation based on the available information.
Affordability remains a critical issue for households in ZIP 13677. The Federal Market Rent (FMR) standard for vouchers in the metro area for fiscal year 2026 is set at $1,070. This figure serves as a benchmark for assessing the cost of housing relative to income. Given that the median income for the area is listed as N/A, it is difficult to determine how much of a household's income would typically go towards rent. However, it is clear that the N/A market rate cannot be assessed against this standard, indicating a significant data gap that affects decision-making for both tenants and landlords.
The percentage of renters and the total population in ZIP 13677 is also marked as N/A, which further complicates understanding the local rental market dynamics. Nonetheless, the affordability gap suggests that there could be high competition among landlords for tenants who are able to pay the market rate. Voucher holders, who have a guaranteed payment of up to $1,070 per month, might offer a more stable income stream compared to those paying cash, especially if the latter struggle with inconsistent earnings.
Takeaway for Landlords: In ZIP 13677, focusing on voucher tenants could provide a more predictable revenue source given the uncertainty around median incomes and market rates. Accepting vouchers ensures a fixed rent amount, reducing risk associated with non-payment and vacancy. While cash-paying tenants may offer higher rents, the stability of voucher payments makes them an attractive option for landlords looking to mitigate financial risks in an unclear economic environment.
Data Sources: FMR data from HUD (2027).
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.