FY2027 Small Area FMR · Prospect, NY

ZIP 13435 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 13435 (Prospect, NY) is $1,080 a month, unchanged from FY2026. That is 11% below the Utica-Rome, NY area-wide FMR of $1,210.

2-bedroom SAFMR$1,080per month ■ 0.0%

Area-wide 2 BR FMR$1,210Utica-Rome, NY

Rank in the area63rdof 84 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$810▼ 2.4%

1 BR$840▼ 1.2%

2 BR$1,080■ 0.0%

3 BR$1,290■ 0.0%

4 BR$1,470▼ 2.0%

FY2027 FY2026

Where 13435 sits in the Utica-Rome, NY area

Of the 84 ZIP codes HUD lists for the area, 13435 has the 63rd highest two-bedroom Small Area FMR. Utica-Rome, 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 $1,210 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,080 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	$810	$729 – $891	$857	$830
1 bedroom	$840	$756 – $924	$946	$850
2 bedrooms	$1,080	$972 – $1,188	$1,210	$1,080
3 bedrooms	$1,290	$1,161 – $1,419	$1,442	$1,290
4 bedrooms	$1,470	$1,323 – $1,617	$1,636	$1,500

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $98,500 and the 80% low-income limit for four people is $78,300. ZIP code 13435 lies mainly in Oneida County. See the Utica-Rome, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
13352	Hinckley	1.8 mi	$1,080
13438	Remsen	3.4 mi	$1,080
13304	Barneveld	4.2 mi	$1,090
13354	Holland Patent	6.5 mi	$1,060
13431	Poland	7.7 mi	$1,060
13301	Alder Creek	8.4 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 13435?

HUD's FY2027 Small Area Fair Market Rents for 13435 are $810 (studio), $840 (1 BR), $1,080 (2 BR), $1,290 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 13435?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 13435 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 13435?

The FY2026 income limits of the Utica-Rome, NY area apply: median family income $98,500, low-income (80%) limit $78,300 for a family of four.