FY2027 Small Area FMR · Saranac Lake, NY
ZIP 12983 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12983 (Saranac Lake, NY) is $1,070 a month, unchanged from FY2026. That is 9% below the Essex County, NY area-wide FMR of $1,171.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 12983 sits in the Essex County, NY area
Of the 39 ZIP codes HUD lists for the area, 12983 has the 37th 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 $1,070 for this ZIP code instead.
ZIP code 12983 crosses more than one HUD area. HUD also lists it under Franklin County, NY (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $810 | $729 – $891 | $858 | $760 |
| 1 bedroom | $860 | $774 – $946 | $895 | $860 |
| 2 bedrooms | $1,070 | $963 – $1,177 | $1,171 | $1,070 |
| 3 bedrooms | $1,310 | $1,179 – $1,441 | $1,425 | $1,320 |
| 4 bedrooms | $1,490 | $1,341 – $1,639 | $1,631 | $1,510 |
A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 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 12983 lies mainly in Franklin County and Essex County. See the Essex County, NY county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 12983?
HUD's FY2027 Small Area Fair Market Rents for 12983 are $810 (studio), $860 (1 BR), $1,070 (2 BR), $1,310 (3 BR) and $1,490 (4 BR) a month.
What is the Section 8 payment standard in 12983?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12983 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 12983?
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.