Location: Rochester, 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 | $267,234 | 0.53% | F |
| 3BR | $1,710 | $345,433 | 0.5% | F |
| 4BR | $1,880 | $413,023 | 0.46% | F |
U.S. Census Bureau data (2024)
The Section 8 HUD Fair Market Rent (FMR) for ZIP code 14555 (Sodus Point, NY) is set at $1140 for fiscal year 2024. This figure represents the maximum amount that landlords can receive from the government for voucher tenants. In comparison, the market rent for the area is significantly lower, at $768 according to Census ACS data.
Voucher tenants in Sodus Point, NY, would cashflow positively at the HUD FMR rate, indicating a strong financial advantage for landlords. Given the median home value in the area is $268,277, the rent-to-price ratio is approximately 0.27%, suggesting that rental income alone does not justify the purchase price of a typical home in the area.
Data on days on market (DOM) and price cut shares were not readily available for Sodus Point, NY, but given the low market rent compared to the FMR, the rent-vs-buy dynamics suggest that rental income could be a significant factor in investment decisions. However, the relatively high median home value indicates that appreciation or stability might also be important considerations.
The strongest investor angle in Sodus Point, NY, is likely cashflow, due to the substantial difference between the HUD FMR and the local market rent rates.
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.