Section 8 Fair Market Rent (FMR) for ZIP 13681 - 2027

Location: St. Lawrence County, NY | Metro: St. Lawrence County, NY

Investment Score for ZIP 13681

N/A

Monthly Rent (2BR)

$1,190

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$830
1 Bedroom	$910
2 Bedrooms	$1,190
3 Bedrooms	$1,420
4 Bedrooms	$1,560
5 Bedrooms	$1,810
6 Bedrooms	$2,027
7 Bedrooms	$2,189
8 Bedrooms	$2,298

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,420	$156,610	0.91%	C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

738

Median Household Income

$46,250

Housing Units

421

Renter Percentage

19.4%

Occupancy Rate

81.0%

Renter Occupied

In evaluating whether to purchase properties in ZIP code 13681 for Section 8 investment, landlords must consider several key factors. The first step involves assessing if the Fair Market Rent (FMR) of $1,220 for the metro area in fiscal year 2026 can cover the debt service on a property valued at $127,983. To determine this, calculate the monthly debt service and compare it against the FMR.

If the FMR of $1,220 does indeed cover the monthly debt service, proceed to the second question: Is the market rent of $1,179 (as per Census ACS data) above, at, or below the FMR? If market rent is below the FMR, then the property will likely be rented at the higher FMR rate, which benefits Section 8 landlords. However, if market rent is above or equal to the FMR, then the property might be harder to rent out solely based on Section 8 vouchers.

The third consideration is the demand for rental properties. In ZIP 13681, 19.4% of residents are renters. Additionally, the number of days on the market (DOM) is listed as N/A, indicating that there might be limited data available on how quickly rental properties are typically filled in this area. This makes it challenging to assess the speed of finding tenants but suggests steady demand due to the percentage of renters.

Decision Tree:

If FMR clears debt service and market rent is below FMR, the answer is Yes. Section 8 tenants will pay the higher FMR rate, ensuring financial stability and covering costs.
If FMR clears debt service but market rent is above or equal to FMR, the answer is It Depends. Landlords would need to weigh the potential for higher rents against the possibility of slower tenant turnover.
If FMR does not clear debt service, the answer is No. The investment would not be financially viable under current conditions.

Note: The lack of specific DOM data means that while there is a known percentage of renters, the ease of filling vacancies remains uncertain. Landlords should also consider local vacancy rates and the availability of Section 8 vouchers in the area.

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.