Location: Genesee County, NY | Metro: Rochester, 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 | $1,010 |
| 1 Bedroom | $1,140 |
| 2 Bedrooms | $1,420 |
| 3 Bedrooms | $1,710 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,420 | $175,377 | 0.81% | C |
| 3BR | $1,710 | $195,450 | 0.87% | C |
| 4BR | $1,880 | $214,676 | 0.88% | C |
U.S. Census Bureau data (2024)
The ZIP code 14125, encompassing Oakfield, NY, presents a dynamic rental market characterized by a clear disparity between the Fair Market Rent (FMR) and the actual market rent. With an FMR set at $1070 for fiscal year 2024, it stands notably above the reported market rent of $954, as per the latest Census ACS data. This gap suggests that while the government's benchmark for affordable housing is higher, the local market is pricing rentals below this threshold, indicating a possible alignment with lower income levels or a competitive landscape where landlords are adjusting their rates to attract tenants.
The median home value in ZIP 14125 is recorded at $183,960. Although the data lacks specifics on the percentage of price cuts and days on market (DOM), the relatively low median home value points towards a potentially buyer-friendly market. It implies that homes might be more accessible to first-time buyers or those looking for affordable housing options, which could impact the rental market by drawing potential renters into homeownership.
A key indicator of the rental market's health is the 35.0% share of renters. This figure is significant because it suggests a substantial portion of the population is renting rather than owning. In markets where a high percentage of residents are renters, there tends to be a consistent long-term housing pressure due to the limited availability of affordable housing for purchase. This can create a steady demand for rental properties, which landlords and small-portfolio investors should consider when evaluating the potential for stable cash flows and occupancy rates.
The snapshot of ZIP 14125 reveals a market where rental demand is likely robust enough to support the current rental prices but not strong enough to drive them up to the FMR level. The dynamics suggest a balance between supply and demand, with neither significantly outpacing the other. For investors, this means a market that is predictable yet competitive, offering opportunities to secure steady returns without the volatility often associated with rapidly growing or declining rental markets.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.