ZIP 12424 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 12424 in the Greene County, NY FMR area.

$950Efficiency
$1,0901 bedroom
$1,3402 bedrooms
$1,7503 bedrooms
$2,0904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$950$855$1,045$961
1 bedroom$1,090$981$1,199$1,095
2 bedrooms$1,340$1,206$1,474$1,354
3 bedrooms$1,750$1,575$1,925$1,768
4 bedrooms$2,090$1,881$2,299$2,106

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

Income in ZIP 12424

$95,008average adjusted gross income per tax return (2022)
$43,408average salaries and wages per return
120tax returns filed
17%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00041.7%
$25,000 to $50,0000.0%
$50,000 to $75,00025.0%
$75,000 to $100,0000.0%
$100,000 to $200,00033.3%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 0.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 12424?

HUD's FY2027 Small Area FMRs for ZIP 12424 (Greene County, NY) are $950 efficiency, $1,090 one bedroom, $1,340 two bedrooms, $1,750 three and $2,090 four bedrooms.

What payment standard can a housing authority set in ZIP 12424?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,206 to $1,474.

How affordable is rent in ZIP 12424?

Tax returns filed from ZIP 12424 reported an average adjusted gross income of $95,008 (2022). A two-bedroom unit at the Small Area FMR costs $16,080 a year, or 17% of that income.