Location: Wyoming County, NY | Metro: Wyoming County, NY
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 | $910 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,770 |
| 5 Bedrooms | $2,053 |
| 6 Bedrooms | $2,299 |
| 7 Bedrooms | $2,483 |
| 8 Bedrooms | $2,607 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $165,937 | 0.64% | D |
| 3BR | $1,390 | $199,038 | 0.7% | D |
| 4BR | $1,770 | $221,215 | 0.8% | C |
| 5BR | $2,053 | $258,534 | 0.79% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 14569, which includes Warsaw, NY, is set at $970 for the fiscal year 2026. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. It's important to note that this does not mean you will receive $970 as your rent; rather, it's the maximum amount that the government will pay towards the rent of a tenant receiving assistance.
To put this into perspective, the average rent in Warsaw, NY, based on recent Census data (ACS), is around $911. This suggests that the FMR is slightly above the local average, providing a reasonable incentive for landlords to participate in the program.
The demand for rental properties in Warsaw, NY, is substantial, with 38.1% of the population being renters. This indicates a significant portion of the community relies on rental housing, including those who might benefit from Section 8 vouchers.
If you're looking to acquire a property in Warsaw, NY, for a Section 8 rental, the median home value is approximately $180,412. This figure can help you assess the potential costs involved in purchasing a property suitable for the program.
Before committing to a Section 8 rental property, ensure that the property meets the Housing Quality Standards (HQS) set by the Department of Housing and Urban Development (HUD). These standards are designed to ensure that the property is safe, decent, and sanitary for tenants. A thorough inspection and any necessary repairs must be completed to meet these requirements.
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.