Location: Genesee County, NY | Metro: Genesee County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
The ZIP code 14021, located in Genesee County, NY, can serve as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the NY metro area for fiscal year 2026 is set at $1,170. While specific market and median home value data were not provided, the available listings suggest that properties in this area are priced below the FMR threshold, indicating a potential for positive cash flow.
For instance, a property listed at $174,900 with 3 bedrooms and 2 bathrooms is well below the FMR, offering immediate rental income potential. Additionally, another listing at $140,000 for a multi-family home with 4 bedrooms and 2 bathrooms further supports the idea of acquiring properties that generate steady cash flow without significant risk.
This ZIP code does not show strong signs of being an appreciation play or a diversifier due to the lack of recent price cuts and limited data on renter share and median income. However, given the lower property values compared to the FMR, 14021 stands out as a reliable cash-flow anchor for landlords and small-portfolio investors looking to stabilize their investment income streams.
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.