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FY2017 Hypothetical Small Area FMRs For Warren 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.

Warren County is part of the Glens Falls, NY MSA.

Warren County, NY Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
12801 $540 $680 $840 $1,070 $1,230 0.959
12804 $630 $780 $970 $1,230 $1,420 1.108
12808 $580 $720 $890 $1,130 $1,300 1.020
12810 $510 $640 $790 $1,000 $1,150 0.908
12811 $580 $720 $890 $1,130 $1,300 1.020
12814 $560 $690 $860 $1,090 $1,260 0.985
12815 $560 $690 $860 $1,090 $1,260 0.985
12817 $480 $600 $740 $940 $1,080 0.855
12824 $580 $720 $890 $1,130 $1,300 1.020
12835 $600 $710 $870 $1,090 $1,200 0.865
12836 $520 $640 $800 $1,010 $1,170 0.920
12843 $580 $720 $890 $1,130 $1,300 1.020
12845 $660 $820 $1,020 $1,290 $1,490 1.170
12846 $580 $720 $900 $1,140 $1,310 1.031
12853 $480 $600 $750 $950 $1,100 0.857
12856 $580 $720 $890 $1,130 $1,300 1.020
12857 $590 $740 $920 $1,170 $1,340 1.058
12860 $580 $720 $890 $1,130 $1,300 1.020
12862 $580 $720 $890 $1,130 $1,300 1.020
12870 $490 $610 $760 $960 $1,110 0.873
12874 $580 $720 $890 $1,130 $1,300 1.020
12878 $480 $600 $750 $950 $1,100 0.866
12885 $530 $660 $820 $1,040 $1,200 0.947
12886 $580 $720 $890 $1,130 $1,300 1.020

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

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