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 13504 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 13504 (Utica, NY) is $1,230 a month. That is up 3.4% from $1,190 in FY 2026. Utica 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, 13504 is tied for the 29th-highest two-bedroom rent (county range $1,060–$1,610). The median county two-bedroom FMR in New York is $1,385, so ZIP 13504 is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 13504
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$910
$870
−4.4%
$783–$957
1BR
$940
$960
+2.1%
$864–$1,056
2BR
$1,190
$1,230
+3.4%
$1,107–$1,353
3BR
$1,430
$1,470
+2.8%
$1,323–$1,617
4BR
$1,650
$1,660
+0.6%
$1,494–$1,826
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 13504
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$870
$960
$1,230
$1,470
$1,660
FY 2026
$910
$940
$1,190
$1,430
$1,650
FY 2025
$940
$940
$1,180
$1,420
$1,680
FY 2024
$800
$800
$1,010
$1,220
$1,440
FY 2023
$770
$770
$970
$1,180
$1,400
Two-bedroom rent in nearby Oneida County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 13504?
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 $1,230 it would be $1,107 to $1,353. 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 13504 in?
ZIP 13504 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 13504 for FY 2027?
The two-bedroom FMR rose 3.4%, from $1,190 in FY 2026 to $1,230 in FY 2027. Since FY 2023 it has risen 26.8%.
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