FY2027 Small Area FMR · Keene Valley, NY

ZIP 12943 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12943 (Keene Valley, NY) is $1,520 a month, down 0.7% from FY2026. That is 30% above the Essex County, NY area-wide FMR of $1,171.

2-bedroom SAFMR$1,520per month ▼ 0.7%

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

Rank in the area4thof 39 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,368

2 BR Small Area FMR$1,520

110% of SAFMR$1,672

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

Studio$1,120▼ 2.6%

1 BR$1,170■ 0.0%

2 BR$1,520▼ 0.7%

3 BR$1,850▼ 1.6%

4 BR$2,120▼ 0.5%

FY2027 FY2026

Where 12943 sits in the Essex County, NY area

Of the 39 ZIP codes HUD lists for the area, 12943 has the 4th 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 $1,520 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	$1,120	$1,008 – $1,232	$858	$1,150
1 bedroom	$1,170	$1,053 – $1,287	$895	$1,170
2 bedrooms	$1,520	$1,368 – $1,672	$1,171	$1,530
3 bedrooms	$1,850	$1,665 – $2,035	$1,425	$1,880
4 bedrooms	$2,120	$1,908 – $2,332	$1,631	$2,130

A household renting a two-bedroom home at the Small Area FMR of $1,520 needs about $60,800 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 12943 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
12942	Keene	8.3 mi	$1,760
12855	North Hudson	9.1 mi	$1,170
12946	Lake Placid	9.9 mi	$1,290
12964	New Russia	12.7 mi	$1,170
12977	Ray Brook	14.2 mi	$1,150
12932	Elizabethtown	15.0 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 12943?

HUD's FY2027 Small Area Fair Market Rents for 12943 are $1,120 (studio), $1,170 (1 BR), $1,520 (2 BR), $1,850 (3 BR) and $2,120 (4 BR) a month.

What is the Section 8 payment standard in 12943?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12943 that range is $1,368 to $1,672 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12943?

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.