Section 8 Fair Market Rent (FMR) for ZIP 14515 - 2027

Location: Rochester, NY | Metro: Rochester, NY MSA

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

215

Median Household Income

$N/A

Housing Units

126

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 14515, located in the town of Avon, New York, is characterized by its rural setting and relatively low population density. This area is primarily residential, with a significant portion of the housing stock consisting of owner-occupied homes rather than rentals. The following analysis provides key insights for landlords and small-portfolio investors looking to understand the rental market dynamics in this region.

The Fair Market Rent (FMR) for ZIP 14515 for fiscal year 2024 is set at $1340. This figure represents the maximum amount that low-income families should pay for housing to avoid being cost-burdened.
The market rent data is currently N/A, indicating a lack of recent comprehensive rental price information available for this specific ZIP code.
The median home value is also listed as N/A, suggesting limited data on the typical value of properties in the area.
Renters make up only 0.0% of the housing market in ZIP 14515, reflecting a strong preference for homeownership among residents.
The Days on Market (DOM) for properties is listed as N/A, which could imply that sales activity is sparse, leading to incomplete or outdated data.
The median income for the area is N/A, highlighting a gap in economic data that might affect investment decisions.

Given the high percentage of owner-occupied homes and the absence of significant rental market data, it's evident that investing in rental properties in ZIP 14515 may not be as profitable as in more densely populated areas. The Fair Market Rent figure of $1340 provides a benchmark for potential rental prices but does not reflect the actual market conditions due to the scarcity of rental units. Landlords and investors should consider these factors and seek additional local insights before making investment decisions in this area.

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.