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 | $810 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,390 | $154,843 | 0.9% | C |
| 4BR | $1,520 | $145,275 | 1.05% | B |
U.S. Census Bureau data (2024)
9.5% of residents in ZIP code 13680 are renters, indicating a modest but stable demand for rental properties in the area. The $121,890 median home value reflects a relatively affordable market, suitable for first-time buyers and investors looking to enter at a lower cost point. Landlords should note that the $643 market rent, derived from Census ACS data, is significantly below the $1,030 Fair Market Rent (FMR) for the metro area as of fiscal year 2026. This discrepancy suggests an opportunity for landlords to potentially increase rents without pricing out the majority of tenants.
$80,625 is the median income in ZIP 13680, which is important for assessing the financial capability of potential tenants. Given this figure, the $643 market rent represents approximately 7.9% of the median income, well within the generally accepted guideline of 30% of income going towards housing costs. However, the $1,030 FMR indicates that the rental market could support higher rents, especially for properties that offer amenities or are in prime locations.
The data does not provide a specific days on market (DOM) or percentage of price-cut share, suggesting that these metrics might be less critical for evaluating the rental market in ZIP 13680. Instead, investors should focus on the strong disparity between the market rent and the FMR, which points to an underpriced rental market with potential for growth.
In conclusion, the rental market in ZIP 13680 presents a balanced opportunity for landlords and small-portfolio investors. With a median income of $80,625 and a current market rent of $643, there is room to adjust rents upwards towards the $1,030 FMR, enhancing profitability while maintaining affordability for tenants. Verdict: ZIP 13680 is a viable option for Section 8 investments due to the favorable rent-to-income ratio and potential for increasing rental rates.
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.