Location: Yates 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 | $1,180 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,520 |
| 5 Bedrooms | $2,923 |
| 6 Bedrooms | $3,274 |
| 7 Bedrooms | $3,536 |
| 8 Bedrooms | $3,713 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,680 | $321,549 | 0.52% | F |
| 3BR | $2,100 | $352,110 | 0.6% | F |
| 4BR | $2,520 | $476,753 | 0.53% | F |
U.S. Census Bureau data (2024)
The rent math in ZIP code 14544, Rushville, NY, does not favor landlords. The Fair Market Rent (FMR) set at $1340 for fiscal year 2024 exceeds the current market rent of $1,234 based on Census ACS data. This discrepancy suggests that landlords might struggle to attract tenants willing to pay the higher FMR rate.
Acquisition in this area is somewhat affordable, with a median home value of $360,531. However, the lack of available data on days on market (DOM) and the percentage of homes needing price cuts makes it challenging to gauge the ease of selling properties. Landlords should be cautious about overpaying for properties given the limited market data.
Tenant demand appears modest. With a total population of 2,371 and a renter share of 31.2%, there are approximately 739 potential renters. While this indicates a steady demand, it also means competition among landlords could be significant, especially considering the relatively low market rent.
Verdict: ZIP 14544 presents a mixed picture for landlords and small-portfolio investors. The rent math is unfavorable due to the higher FMR compared to the actual market rent, which could lead to difficulties in attracting tenants. Acquisition costs are reasonable, but without concrete DOM and price cut data, the risk of holding onto unsold properties increases. Tenant demand exists, but it's limited, suggesting that landlords must offer competitive rents to secure tenants. Overall, while not prohibitive, investing in this ZIP requires careful consideration and possibly strategic pricing below FMR to ensure occupancy.
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.