FY2027 Small Area FMR · Severance, NY

ZIP 12872 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12872 (Severance, NY) is $1,280 a month, up 1.6% from FY2026. That is 9% above the Essex County, NY area-wide FMR of $1,171.

2-bedroom SAFMR$1,280per month ▲ 1.6%

Area-wide 2 BR FMR$1,171Essex County, NY

Rank in the area14thof 39 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$940▼ 1.1%

1 BR$980▲ 2.1%

2 BR$1,280▲ 1.6%

3 BR$1,560▲ 0.6%

4 BR$1,780▲ 2.3%

FY2027 FY2026

Where 12872 sits in the Essex County, NY area

Of the 39 ZIP codes HUD lists for the area, 12872 has the 14th highest two-bedroom Small Area FMR. Essex County, NY is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,171 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$940	$846 – $1,034	$858	$950
1 bedroom	$980	$882 – $1,078	$895	$960
2 bedrooms	$1,280	$1,152 – $1,408	$1,171	$1,260
3 bedrooms	$1,560	$1,404 – $1,716	$1,425	$1,550
4 bedrooms	$1,780	$1,602 – $1,958	$1,631	$1,740

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 a year to keep housing costs at 30% of income. The area median family income is $94,200 and the 80% low-income limit for four people is $75,350. ZIP code 12872 lies mainly in Essex County. See the Essex County, NY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
12870	Schroon Lake	3.1 mi	$1,280
12858	Paradox	3.8 mi	$1,170
12808	Adirondack	8.0 mi	$1,270
12857	Olmstedville	8.7 mi	$1,220
12883	Ticonderoga	9.4 mi	$1,220
12928	Crown Point	9.7 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 12872?

HUD's FY2027 Small Area Fair Market Rents for 12872 are $940 (studio), $980 (1 BR), $1,280 (2 BR), $1,560 (3 BR) and $1,780 (4 BR) a month.

What is the Section 8 payment standard in 12872?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12872 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12872?

The FY2026 income limits of the Essex County, NY area apply: median family income $94,200, low-income (80%) limit $75,350 for a family of four.