Location: Rochester, NY | Metro: Buffalo-Cheektowaga, NY MSA
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 | $900 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,530 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,260 | $218,068 | 0.58% | F |
| 3BR | $1,530 | $223,703 | 0.68% | D |
| 4BR | $1,670 | $232,946 | 0.72% | D |
U.S. Census Bureau data (2024)
The ZIP code 14098, located in Lyndonville, NY, stands out within Orleans County due to its unique data signature. With a total population of 2,707 residents, only 16.6% are renters, indicating a predominantly owner-occupied area. The median household income in this ZIP code is $91,042, which is higher than the national average, and the median home value is $204,589, reflecting a stable and relatively affluent community.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 14098 in fiscal year 2024 is set at $1,190, while the Census ACS indicates a market rent of $932. This discrepancy suggests that landlords participating in the Section 8 program can expect to receive a higher rental rate compared to the local market average, potentially making it an attractive option despite the administrative requirements.
The data signature for ZIP 14098 reads as "stable." The high median income and home values indicate a community with financial stability, and the low percentage of renters suggests a preference for homeownership among the residents. These factors combined with the favorable FMR for Section 8 participants point towards a ZIP code that is unlikely to experience significant transitional shifts in the near future.
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.