FY2027 Small Area FMR · Upper Jay, NY

ZIP 12987 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12987 (Upper Jay, NY) is $1,550 a month, unchanged from FY2026. That is 32% above the Essex County, NY area-wide FMR of $1,171.

2-bedroom SAFMR$1,550per month ■ 0.0%

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

Rank in the area3rdof 39 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,395

2 BR Small Area FMR$1,550

110% of SAFMR$1,705

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

Studio$1,130▼ 3.4%

1 BR$1,180▼ 0.8%

2 BR$1,550■ 0.0%

3 BR$1,880▼ 1.6%

4 BR$2,160▲ 0.5%

FY2027 FY2026

Where 12987 sits in the Essex County, NY area

Of the 39 ZIP codes HUD lists for the area, 12987 has the 3rd 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 $1,550 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	$1,130	$1,017 – $1,243	$858	$1,170
1 bedroom	$1,180	$1,062 – $1,298	$895	$1,190
2 bedrooms	$1,550	$1,395 – $1,705	$1,171	$1,550
3 bedrooms	$1,880	$1,692 – $2,068	$1,425	$1,910
4 bedrooms	$2,160	$1,944 – $2,376	$1,631	$2,150

A household renting a two-bedroom home at the Small Area FMR of $1,550 needs about $62,000 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 12987 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
12941	Jay	3.1 mi	$1,480
12942	Keene	6.8 mi	$1,760
12997	Wilmington	7.7 mi	$1,480
12950	Lewis	8.5 mi	$1,440
12932	Elizabethtown	10.3 mi	$1,070
12912	Au Sable Forks	11.1 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 12987?

HUD's FY2027 Small Area Fair Market Rents for 12987 are $1,130 (studio), $1,180 (1 BR), $1,550 (2 BR), $1,880 (3 BR) and $2,160 (4 BR) a month.

What is the Section 8 payment standard in 12987?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12987 that range is $1,395 to $1,705 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12987?

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.