FY2027 Small Area FMR · Vestal, NY

ZIP 13851 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 13851 (Vestal, NY) is $1,220 a month, up 10.9% from FY2026. That is 0% equal to the Binghamton, NY area-wide FMR of $1,219.

2-bedroom SAFMR$1,220per month ▲ 10.9%

Area-wide 2 BR FMR$1,219Binghamton, NY

Rank in the area18thof 52 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,098

2 BR Small Area FMR$1,220

110% of SAFMR$1,342

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

Studio$850▲ 7.6%

1 BR$960▲ 10.3%

2 BR$1,220▲ 10.9%

3 BR$1,540▲ 9.2%

4 BR$1,770▲ 9.3%

FY2027 FY2026

Where 13851 sits in the Binghamton, NY area

Of the 52 ZIP codes HUD lists for the area, 13851 has the 18th highest two-bedroom Small Area FMR. Binghamton, 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 $1,219 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,220 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	$850	$765 – $935	$849	$790
1 bedroom	$960	$864 – $1,056	$954	$870
2 bedrooms	$1,220	$1,098 – $1,342	$1,219	$1,100
3 bedrooms	$1,540	$1,386 – $1,694	$1,535	$1,410
4 bedrooms	$1,770	$1,593 – $1,947	$1,769	$1,620

A household renting a two-bedroom home at the Small Area FMR of $1,220 needs about $48,800 a year to keep housing costs at 30% of income. The area median family income is $88,600 and the 80% low-income limit for four people is $71,900. ZIP code 13851 lies mainly in Broome County. See the Binghamton, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
13850	Vestal	3.1 mi	$1,430
13760	Endicott	3.7 mi	$1,220
13902	Binghamton	4.4 mi	$1,430
13790	Johnson City	6.1 mi	$1,330
13732	Apalachin	6.3 mi	$1,290
13905	Binghamton	8.2 mi	$1,320

Questions

What is the Fair Market Rent for ZIP code 13851?

HUD's FY2027 Small Area Fair Market Rents for 13851 are $850 (studio), $960 (1 BR), $1,220 (2 BR), $1,540 (3 BR) and $1,770 (4 BR) a month.

What is the Section 8 payment standard in 13851?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 13851 that range is $1,098 to $1,342 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 13851?

The FY2026 income limits of the Binghamton, NY area apply: median family income $88,600, low-income (80%) limit $71,900 for a family of four.