ZIP 12423 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 12423 in the Greene County, NY FMR area.

$960Efficiency
$1,0901 bedroom
$1,3502 bedrooms
$1,7603 bedrooms
$2,1004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$960$864$1,056$961
1 bedroom$1,090$981$1,199$1,095
2 bedrooms$1,350$1,215$1,485$1,354
3 bedrooms$1,760$1,584$1,936$1,768
4 bedrooms$2,100$1,890$2,310$2,106

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 12423

$62,725average adjusted gross income per tax return (2022)
$42,652average salaries and wages per return
520tax returns filed
26%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.8%
$25,000 to $50,00025.0%
$50,000 to $75,00019.2%
$75,000 to $100,00011.5%
$100,000 to $200,00015.4%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 12423?

HUD's FY2027 Small Area FMRs for ZIP 12423 (Greene County, NY) are $960 efficiency, $1,090 one bedroom, $1,350 two bedrooms, $1,760 three and $2,100 four bedrooms.

What payment standard can a housing authority set in ZIP 12423?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,215 to $1,485.

How affordable is rent in ZIP 12423?

Tax returns filed from ZIP 12423 reported an average adjusted gross income of $62,725 (2022). A two-bedroom unit at the Small Area FMR costs $16,200 a year, or 26% of that income.