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 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 13695 within St. Lawrence County, NY metro, reveals several critical points for potential Section 8 landlords and small-portfolio investors.
The rent math does not work favorably due to the Federal Market Rent (FMR) set at $990 for fiscal year 2026. Since the market rent is not available, it's impossible to compare the FMR against actual local rental rates. This lack of data makes it challenging to assess whether the FMR covers the cost of maintaining and managing properties in this area.
Acquisition affordability is questionable given that the median home value is not specified, nor are the days on market (DOM) or the percentage of homes requiring price cuts. Without these key figures, it's difficult to gauge the ease or difficulty of purchasing properties in ZIP 13695. Investors should proceed with caution until more detailed data becomes available.
Tenant demand is notably low in ZIP 13695, with only 157 residents and a 0.0% renter share. This indicates that almost all residents own their homes, which significantly reduces the pool of potential tenants who might be interested in renting under the Section 8 program.
Verdict: Investing in ZIP 13695 for Section 8 properties is not advisable. The rent math is uncertain due to missing market rent data, making it unclear if the $990 FMR is sufficient. Acquisition costs cannot be accurately assessed without the median home value and other market indicators. Furthermore, the extremely low renter share of the population suggests minimal demand for rental units, even those subsidized by Section 8. Landlords and investors should seek areas with more robust tenant demand and clearer financial parameters before committing to this ZIP code.
Data Sources: FMR data from HUD (2027). 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.