Location: Chautauqua County, NY | Metro: Chautauqua County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
ZIP code 14756 is located in western New York and encompasses the area known as Maple Springs. The population here stands at 26 residents, indicating a very small community. Notably, there is no recorded percentage of renters, suggesting that homeownership is the predominant form of residence. Median household income and median home values are not available, which can be attributed to the limited population size.
The Fair Market Rent (FMR) for ZIP 14756 as of metro fiscal year 2026 is set at $970. This figure represents the government's estimate for the rental market in the area. However, specific market rent data is unavailable, likely due to the sparse population and lack of rental properties. The absence of market rent data makes it challenging to compare the FMR against actual local rents, but the FMR serves as a useful benchmark for the region.
Given the unique characteristics of ZIP 14756, it would be more suitable for a hands-on value-add buyer rather than a hands-off voucher operator. The small population and the apparent focus on homeownership indicate that there is little demand for rental properties, making it difficult for hands-off operators to manage a portfolio effectively. A value-add buyer could potentially find opportunities to improve and add value to existing properties, given the limited supply and the potential for increased desirability through renovations or improvements.
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.