Location: Chautauqua County, NY | Metro: Chautauqua County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
0.0% of the residents in ZIP code 14752 are renters, indicating a predominantly owner-occupied market. This statistic suggests that landlords might face challenges in finding tenants in this area. However, the Fair Market Rent (FMR) for Section 8 in the metro area for fiscal year 2026 is set at $1,050, which provides a stable income source for those willing to participate in the program. The median home value in this ZIP code is $64,065, reflecting a relatively affordable housing market. Despite the low renter share, the FMR offers a predictable rental rate that can be advantageous for small-portfolio investors looking for consistent cash flow. The data does not provide specific figures for market rent, median income, days on market (DOM), or the percentage of homes that have had their prices cut, which means there's limited recent data to assess trends in the local real estate market. Nevertheless, the combination of an affordable median home value and a fixed FMR can make Section 8 properties a solid investment choice. Given the stable rental rates and the potential for long-term tenants through the Section 8 program, investing in Section 8 properties in ZIP 14752 appears to be a reliable strategy.
Section 8 Verdict: Invest confidently in ZIP 14752, leveraging the $1,050 FMR to secure a steady stream of rental income.
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.