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Otsego County/West Oneonta/13861

13861

ZIPSAFMR
Otsego County, NY
Zillow

ZIP Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$860$950
1 BR$960$1,060
2 BR$1,230$1,320
3 BR$1,470$1,510
4 BR$1,650$1,670
5 BR$1,897Not available
6 BR$2,182Not available
7 BR$2,509Not available
8 BR$2,886Not available

Purchase Price Calculator

Maximum purchase price
$134,235

Cost breakdown

+Likely effective rent$1,320
HUD FMR$1,230
Market rent$1,370
Est. payment standard (107%)Used$1,320
-Principal and interest-$679
Loan amount$107,388
Down payment$26,847
Rate6.50%
Term30 years
-Operating costs-$441
Property taxes-$134
Insurance-$175
Utilities$0
HOA$0
Management-$132
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,369(79.6% ROI)
Projected value
$144,556
Return breakdown
Property appreciation+$10,321
Loan principal paid down+$3,847
Rental cash flow+$7,200
5-year hold
+$36,501(136.0% ROI)
Projected value
$151,875
Return breakdown
Property appreciation+$17,640
Loan principal paid down+$6,861
Rental cash flow+$12,000
10-year hold
+$77,946(290.3% ROI)
Projected value
$171,832
Return breakdown
Property appreciation+$37,597
Loan principal paid down+$16,349
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.68
1 BR
0.76
2 BR
0.90
3 BR
0.96
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 13861 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 13861 (West Oneonta, NY) is $1,230 a month. That is up 3.4% from $1,190 in FY 2026. West Oneonta is in the Otsego County, NY non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,235. Among 48 ZIP codes in Otsego County, 13861 is tied for the 23rd-highest two-bedroom rent (county range $1,110–$1,550). The median county two-bedroom FMR in New York is $1,385, so ZIP 13861 is 11% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 13861
BedroomsFY 2027Change90–110% range
Studio$860+3.6%$774–$946
1BR$960+2.1%$864–$1,056
2BR$1,230+3.4%$1,107–$1,353
3BR$1,470+2.1%$1,323–$1,617
4BR$1,650+3.8%$1,485–$1,815

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 13861
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$860$960$1,230$1,470$1,650
FY 2026$830$940$1,190$1,440$1,590
FY 2025$800$930$1,150$1,390$1,530
FY 2024area FMR$719$879$1,061$1,304$1,413
FY 2023area FMR$720$827$990$1,254$1,381

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Otsego County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 13861
13807$1,110−9.8%
13808$1,110−9.8%
13809$1,2300.0%
13810$1,110−9.8%
13820$1,270+3.3%
13825$1,110−9.8%
13834$1,180−4.1%
13838$1,110−9.8%
13843$1,110−9.8%
13849$1,140−7.3%
13859$1,130−8.1%
13861Current$1,230—

Questions about ZIP 13861 rents

How much will Section 8 pay for a two-bedroom in ZIP 13861?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,235, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,112 to $1,359 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 13861 in?

ZIP 13861 is in the Otsego County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,235.

How much did fair market rent change in ZIP 13861 for FY 2027?

The two-bedroom FMR rose 3.4%, from $1,190 in FY 2026 to $1,230 in FY 2027. Since FY 2025 it has risen 7.0%.

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