Hamilton County, NY

2024 Fair Market Rents

Tags: 2024 New York

Return to the state page to see where New York ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Hamilton County are Indian Lake, Wells, Long Lake, and Speculator. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Hamilton County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Hamilton County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Hamilton County compare?

Hamilton County ($1,140) has a 18.5% lower FMR for 2-Bedroom housing than the average of New York ($1,398) and therefore has a lower gross rent.

Hamilton County is rank 39th out of 62 counties. This means the FMRs, or in other words, the gross rent is lower than 38 other counties. Hamilton County is the 24th cheapest county in terms of FMRs.

Rent Tables Hamilton County, NY

Fair Market Rent (40th Percentile)

$862
studio
$868
1-Bedroom
$1,140
2-Bedroom
$1,378
3-Bedroom
$1,594
4-Bedroom

Median Rent (50th Percentile)

$909
studio
$915
1-Bedroom
$1,202
2-Bedroom
$1,453
3-Bedroom
$1,681
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13331 $0 $730 $910 $1,100 $1,290
13360 $0 $730 $910 $1,100 $1,290
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13331 $648 $657 $819 $990 $1,161
13360 $648 $657 $819 $990 $1,161
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13331 $792 $803 $1,001 $1,210 $1,419
13360 $792 $803 $1,001 $1,210 $1,419

Fair Market Rents on this page apply to the following cities in Hamilton County, New York: Indian Lake, Wells, Long Lake, Speculator, Lake Pleasant, Piseco, Blue Mountain Lake, Sabael, Eagle Bay, Hoffmeister, Inlet, and Raquette Lake.

These Fair Market Rents also apply to the following ZIP codes in Hamilton County, New York: 12842, 12190, 12847, 12164, 12108, 12139, 12812, 12864, 13331, 13353, 13360, and 13436.

More on Hamilton County, NY

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.