Skip to main content
Loading page
Oneida County/Prospect/13435

13435

ZIPSAFMR
Oneida County, NY
Zillow

ZIP Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$810$810
1 BR$840$840
2 BR$1,080$1,080
3 BR$1,290$1,290
4 BR$1,470$1,470
5 BR$1,690Not available
6 BR$1,944Not available
7 BR$2,236Not available
8 BR$2,571Not available

Purchase Price Calculator

Maximum purchase price
$98,571

Cost breakdown

+Likely effective rent$1,080
HUD FMRUsed$1,080
Market rentN/A
Est. payment standardN/A
-Principal and interest-$498
Loan amount$78,857
Down payment$19,714
Rate6.50%
Term30 years
-Operating costs-$382
Property taxes-$99
Insurance-$175
Utilities$0
HOA$0
Management-$108
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,604(89.3% ROI)
Projected value
$106,150
Return breakdown
Property appreciation+$7,579
Loan principal paid down+$2,825
Rental cash flow+$7,200
5-year hold
+$29,991(152.1% ROI)
Projected value
$111,524
Return breakdown
Property appreciation+$12,953
Loan principal paid down+$5,038
Rental cash flow+$12,000
10-year hold
+$63,613(322.7% ROI)
Projected value
$126,179
Return breakdown
Property appreciation+$27,608
Loan principal paid down+$12,005
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--
Tax rate
--
Mortgage rate
--

ZIP 13435 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 13435 (Prospect, NY) is $1,080 a month. That is unchanged from FY 2026. Prospect 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, 13435 is tied for the 52nd-highest two-bedroom rent (county range $1,060–$1,610). The median county two-bedroom FMR in New York is $1,385, so ZIP 13435 is 22% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 13435
BedroomsFY 2027Change90–110% range
Studio$810−2.4%$729–$891
1BR$840−1.2%$756–$924
2BR$1,0800.0%$972–$1,188
3BR$1,2900.0%$1,161–$1,419
4BR$1,470−2.0%$1,323–$1,617

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 13435
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$810$840$1,080$1,290$1,470
FY 2026$830$850$1,080$1,290$1,500
FY 2025$850$860$1,070$1,290$1,520
FY 2024$750$760$950$1,150$1,350
FY 2023$730$740$930$1,130$1,340

Two-bedroom rent in nearby Oneida County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 13435
13417$1,110+2.8%
13421$1,260+16.7%
13424$1,0800.0%
13425$1,260+16.7%
13431$1,060−1.9%
13435Current$1,080—
13438$1,0800.0%
13440$1,250+15.7%
13441$1,250+15.7%
13442$1,230+13.9%
13455$1,150+6.5%
13456$1,060−1.9%

Questions about ZIP 13435 rents

How much will Section 8 pay for a two-bedroom in ZIP 13435?

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 $1,080 it would be $972 to $1,188. 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 13435 in?

ZIP 13435 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 13435 for FY 2027?

The two-bedroom FMR was unchanged at $1,080 in FY 2027. Since FY 2023 it has risen 16.1%.

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 rentProspect, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources