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Oneida County/Alder Creek/13301

13301

ZIPSAFMR
Oneida County, NY
Zillow

ZIP Investment Score

54Below average

095130300
BRFMR
Eff. Rent
0 BR$900$900
1 BR$930$930
2 BR$1,170$1,170
3 BR$1,410$1,410
4 BR$1,620$1,620
5 BR$1,863Not available
6 BR$2,142Not available
7 BR$2,464Not available
8 BR$2,833Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMRUsed$1,170
Market rentN/A
Est. payment standardN/A
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 13301 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 13301 (Alder Creek, NY) is $1,170 a month. That is down 9.3% from $1,290 in FY 2026. Alder Creek is in the Utica-Rome, NY MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,210. Among 63 ZIP codes in Oneida County, 13301 is tied for the 43rd-highest two-bedroom rent (county range $1,060–$1,610). The median county two-bedroom FMR in New York is $1,385, so ZIP 13301 is 16% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 13301
BedroomsFY 2027Change90–110% range
Studio$900−9.1%$810–$990
1BR$930−9.7%$837–$1,023
2BR$1,170−9.3%$1,053–$1,287
3BR$1,410−9.6%$1,269–$1,551
4BR$1,620−10.0%$1,458–$1,782

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 13301
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$900$930$1,170$1,410$1,620
FY 2026$990$1,030$1,290$1,560$1,800
FY 2025$1,020$1,020$1,280$1,550$1,830
FY 2024$800$800$1,010$1,220$1,430
FY 2023$720$720$910$1,110$1,310

Two-bedroom rent in nearby Oneida County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 13301
13301Current$1,170—
13303$1,230+5.1%
13304$1,090−6.8%
13308$1,310+12.0%
13309$1,060−9.4%
13313$1,060−9.4%
13316$1,260+7.7%
13318$1,060−9.4%
13319$1,060−9.4%
13321$1,340+14.5%
13322$1,210+3.4%
13323$1,440+23.1%

Questions about ZIP 13301 rents

How much will Section 8 pay for a two-bedroom in ZIP 13301?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,210, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,089 to $1,331 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 13301 in?

ZIP 13301 is in the Utica-Rome, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,210.

How much did fair market rent change in ZIP 13301 for FY 2027?

The two-bedroom FMR fell 9.3%, from $1,290 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 28.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentAlder Creek, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources