Location: Steuben County, NY | Metro: Steuben County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
ZIP code 14827 is not a renter-heavy area with deep voucher demand. The data indicates that the population of 22,000 residents has 0.0% renters, which suggests that it is primarily a homeowner-dominated area. This low percentage of renters implies that the number of tenants using Section 8 vouchers will be limited.
With the median household income being listed as N/A, it's challenging to provide a precise comparison between income levels and market rents. However, the Fair Market Rent (FMR) for the metro area is set at $1,180 per month for fiscal year 2026. Given the lack of specific income data, we can infer that if typical market rents align closely with the FMR, they would consume a significant portion of the average local income.
The scarcity of voucher holders in this ZIP code means landlords should not heavily rely on attracting tenants through Section 8 programs. Instead, they should focus on other rental markets or consider offering competitive rates to attract non-voucher tenants. The expected tenant profile for landlords in ZIP 14827 includes individuals or families who are likely homeowners or have higher incomes relative to the FMR, reducing their dependence on housing vouchers.
To summarize, landlords in ZIP 14827 should anticipate a tenant pool that is less reliant on Section 8 vouchers due to the predominantly homeowner nature of the area. Typical rents should be considered in relation to the FMR of $1,180, though without specific income data, it is difficult to determine the exact proportion of income spent on rent. Landlords should prepare for a market where tenants may be willing to pay above the FMR, reflecting a potentially higher-income demographic.
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.