ZIP 14873 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 14873 in the Steuben County, NY FMR area.

Steuben County, NY

$920Efficiency

$9301 bedroom

$1,1402 bedrooms

$1,4803 bedrooms

$1,8904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$920	$828	$1,012	$831
1 bedroom	$930	$837	$1,023	$836
2 bedrooms	$1,140	$1,026	$1,254	$1,058
3 bedrooms	$1,480	$1,332	$1,628	$1,399
4 bedrooms	$1,890	$1,701	$2,079	$1,768

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

Yates County, NY

$920Efficiency

$9301 bedroom

$1,1402 bedrooms

$1,4803 bedrooms

$1,8904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$920	$828	$1,012	$736
1 bedroom	$930	$837	$1,023	$808
2 bedrooms	$1,140	$1,026	$1,254	$1,057
3 bedrooms	$1,480	$1,332	$1,628	$1,368
4 bedrooms	$1,890	$1,701	$2,079	$1,767

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

Income in ZIP 14873

$55,603average adjusted gross income per tax return (2022)

$38,899average salaries and wages per return

1,110tax returns filed

25%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	27.9%
$25,000 to $50,000	28.8%
$50,000 to $75,000	16.2%
$75,000 to $100,000	11.7%
$100,000 to $200,000	15.3%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 14873?

HUD's FY2027 Small Area FMRs for ZIP 14873 (Steuben County, NY) are $920 efficiency, $930 one bedroom, $1,140 two bedrooms, $1,480 three and $1,890 four bedrooms.

What payment standard can a housing authority set in ZIP 14873?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,026 to $1,254.

How affordable is rent in ZIP 14873?

Tax returns filed from ZIP 14873 reported an average adjusted gross income of $55,603 (2022). A two-bedroom unit at the Small Area FMR costs $13,680 a year, or 25% of that income.