ZIP 12477 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 12477 in the Kingston, NY MSA FMR area.

Kingston, NY MSA

$1,180Efficiency
$1,2901 bedroom
$1,6902 bedrooms
$2,0503 bedrooms
$2,2204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,180$1,062$1,298$1,308
1 bedroom$1,290$1,161$1,419$1,436
2 bedrooms$1,690$1,521$1,859$1,878
3 bedrooms$2,050$1,845$2,255$2,282
4 bedrooms$2,220$1,998$2,442$2,468

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

Greene County, NY

$1,180Efficiency
$1,2901 bedroom
$1,6902 bedrooms
$2,0503 bedrooms
$2,2204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,180$1,062$1,298$961
1 bedroom$1,290$1,161$1,419$1,095
2 bedrooms$1,690$1,521$1,859$1,354
3 bedrooms$2,050$1,845$2,255$1,768
4 bedrooms$2,220$1,998$2,442$2,106

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

Income in ZIP 12477

$81,999average adjusted gross income per tax return (2022)
$54,852average salaries and wages per return
8,970tax returns filed
25%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.5%
$25,000 to $50,00023.4%
$50,000 to $75,00015.5%
$75,000 to $100,00011.1%
$100,000 to $200,00018.2%
$200,000 or more6.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 12477?

HUD's FY2027 Small Area FMRs for ZIP 12477 (Kingston, NY MSA) are $1,180 efficiency, $1,290 one bedroom, $1,690 two bedrooms, $2,050 three and $2,220 four bedrooms.

What payment standard can a housing authority set in ZIP 12477?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,521 to $1,859.

How affordable is rent in ZIP 12477?

Tax returns filed from ZIP 12477 reported an average adjusted gross income of $81,999 (2022). A two-bedroom unit at the Small Area FMR costs $20,280 a year, or 25% of that income.