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 13631 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 13631 (Denmark, NY) is $1,450 a month. That is up 2.8% from $1,410 in FY 2026. Denmark is in the Watertown-Fort Drum, 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 $1,453. Among 46 ZIP codes in Jefferson County, 13631 is tied for the 7th-highest two-bedroom rent (county range $1,270–$1,800). The median county two-bedroom FMR in New York is $1,385, so ZIP 13631 is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 13631
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$1,010
+4.1%
$909–$1,111
1BR
$1,070
$1,110
+3.7%
$999–$1,221
2BR
$1,410
$1,450
+2.8%
$1,305–$1,595
3BR
$1,910
$1,990
+4.2%
$1,791–$2,189
4BR
$2,350
$2,370
+0.9%
$2,133–$2,607
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 13631
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,110
$1,450
$1,990
$2,370
FY 2026
$970
$1,070
$1,410
$1,910
$2,350
FY 2025
$890
$980
$1,280
$1,740
$2,130
FY 2024
$920
$1,040
$1,360
$1,840
$2,230
FY 2023
$820
$930
$1,220
$1,650
$1,950
Two-bedroom rent in nearby Jefferson County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 13631?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,453, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,308 to $1,598 a month; under the ZIP-level Small Area FMR of $1,450 it would be $1,305 to $1,595. 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 13631 in?
ZIP 13631 is in the Watertown-Fort Drum, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,453.
How much did fair market rent change in ZIP 13631 for FY 2027?
The two-bedroom FMR rose 2.8%, from $1,410 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 18.9%.
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