ZIP 13027 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 13027 in the Syracuse, NY MSA FMR area.

Syracuse, NY MSA

$1,270Efficiency
$1,4401 bedroom
$1,8002 bedrooms
$2,1803 bedrooms
$2,3704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,270$1,143$1,397$1,050
1 bedroom$1,440$1,296$1,584$1,196
2 bedrooms$1,800$1,620$1,980$1,493
3 bedrooms$2,180$1,962$2,398$1,808
4 bedrooms$2,370$2,133$2,607$1,962

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

Cayuga County, NY

$1,270Efficiency
$1,4401 bedroom
$1,8002 bedrooms
$2,1803 bedrooms
$2,3704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,270$1,143$1,397$872
1 bedroom$1,440$1,296$1,584$877
2 bedrooms$1,800$1,620$1,980$1,074
3 bedrooms$2,180$1,962$2,398$1,424
4 bedrooms$2,370$2,133$2,607$1,637

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

Income in ZIP 13027

$91,963average adjusted gross income per tax return (2022)
$62,460average salaries and wages per return
17,570tax returns filed
23%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00022.1%
$25,000 to $50,00019.9%
$50,000 to $75,00016.0%
$75,000 to $100,00011.6%
$100,000 to $200,00022.0%
$200,000 or more8.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 13027?

HUD's FY2027 Small Area FMRs for ZIP 13027 (Syracuse, NY MSA) are $1,270 efficiency, $1,440 one bedroom, $1,800 two bedrooms, $2,180 three and $2,370 four bedrooms.

What payment standard can a housing authority set in ZIP 13027?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,620 to $1,980.

How affordable is rent in ZIP 13027?

Tax returns filed from ZIP 13027 reported an average adjusted gross income of $91,963 (2022). A two-bedroom unit at the Small Area FMR costs $21,600 a year, or 23% of that income.