HUD User Logo

FY2017 Hypothetical Small Area FMRs For Madison County, NY

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Madison County is part of the Syracuse, NY MSA.

Madison County, NY Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
13030 $500 $560 $710 $930 $1,020 0.865
13032 $570 $640 $810 $1,060 $1,160 0.988
13035 $670 $740 $940 $1,230 $1,350 1.149
13037 $540 $600 $760 $1,000 $1,090 0.931
13052 $490 $550 $690 $900 $990 0.845
13061 $670 $750 $950 $1,240 $1,360 1.167
13072 $500 $550 $700 $920 $1,000 0.854
13082 $630 $700 $890 $1,170 $1,270 1.084
13104 $640 $710 $900 $1,180 $1,290 1.101
13122 $480 $540 $680 $890 $970 0.720
13134 $560 $630 $790 $1,040 $1,130 0.967
13163 $560 $630 $790 $1,040 $1,130 0.967
13310 $560 $630 $790 $1,040 $1,130 0.967
13314 $520 $590 $740 $970 $1,060 0.907
13332 $600 $660 $840 $1,100 $1,200 1.030
13334 $560 $630 $790 $1,040 $1,130 0.967
13346 $670 $740 $940 $1,230 $1,350 1.146
13355 $570 $630 $800 $1,050 $1,140 0.984
13364 $480 $540 $680 $890 $970 0.826
13402 $500 $550 $700 $920 $1,000 0.857
13408 $550 $620 $780 $1,020 $1,120 0.954
13409 $550 $610 $770 $1,010 $1,100 0.937
13418 $560 $630 $790 $1,040 $1,130 0.967
13421 $550 $600 $760 $990 $1,080 0.930
13425 $620 $620 $800 $1,020 $1,110 0.975
13460 $480 $540 $680 $890 $970 0.823
13464 $560 $630 $790 $1,040 $1,130 0.967
13480 $590 $600 $770 $980 $1,060 0.945
13484 $560 $630 $790 $1,040 $1,130 0.967
13485 $580 $650 $820 $1,070 $1,170 1.007
13491 $590 $600 $770 $980 $1,070 0.943

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

Technical Problems or questions? Contact Us.