FY2027 Small Area FMR · Montour Falls, NY

ZIP 14865 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 14865 (Montour Falls, NY) is $1,120 a month, up 8.7% from FY2026. That is 5% below the Schuyler County, NY area-wide FMR of $1,180.

2-bedroom SAFMR$1,120per month ▲ 8.7%

Area-wide 2 BR FMR$1,180Schuyler County, NY

Rank in the area17thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008

2 BR Small Area FMR$1,120

110% of SAFMR$1,232

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

Studio$780▲ 9.9%

1 BR$860▲ 10.3%

2 BR$1,120▲ 8.7%

3 BR$1,370▲ 1.5%

4 BR$1,470▲ 8.1%

FY2027 FY2026

Where 14865 sits in the Schuyler County, NY area

Of the 23 ZIP codes HUD lists for the area, 14865 has the 17th highest two-bedroom Small Area FMR. Schuyler 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 $1,180 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,120 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	$780	$702 – $858	$822	$710
1 bedroom	$860	$774 – $946	$902	$780
2 bedrooms	$1,120	$1,008 – $1,232	$1,180	$1,030
3 bedrooms	$1,370	$1,233 – $1,507	$1,445	$1,350
4 bedrooms	$1,470	$1,323 – $1,617	$1,551	$1,360

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $90,600 and the 80% low-income limit for four people is $72,500. ZIP code 14865 lies mainly in Schuyler County. See the Schuyler County, NY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
14869	Odessa	3.5 mi	$1,120
14864	Millport	5.0 mi	$1,380
14805	Alpine	5.8 mi	$1,420
14891	Watkins Glen	6.0 mi	$1,130
14818	Burdett	7.4 mi	$1,770
14872	Pine Valley	7.6 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 14865?

HUD's FY2027 Small Area Fair Market Rents for 14865 are $780 (studio), $860 (1 BR), $1,120 (2 BR), $1,370 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 14865?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 14865 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 14865?

The FY2026 income limits of the Schuyler County, NY area apply: median family income $90,600, low-income (80%) limit $72,500 for a family of four.