Madison County, NY

2024 Fair Market Rents

Tags: 2024 Syracuse, NY MSA

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The top four largest cities in Madison County are Manlius, Oneida, Canastota, and Chittenango. 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 Madison County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Madison 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 Madison County compare?

Madison County ($1,126) has a 19.5% lower FMR for 2-Bedroom housing than the average of New York ($1,398) and therefore has a lower gross rent.

Madison County is rank 36th out of 62 counties. This means the FMRs, or in other words, the gross rent is lower than 35 other counties. Madison County is the 27th cheapest county in terms of FMRs.

Rent Tables Madison County, NY

Fair Market Rent (40th Percentile)

$828
studio
$916
1-Bedroom
$1,126
2-Bedroom
$1,381
3-Bedroom
$1,600
4-Bedroom

Median Rent (50th Percentile)

$883
studio
$977
1-Bedroom
$1,201
2-Bedroom
$1,473
3-Bedroom
$1,706
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
13030 $730 $810 $1,000 $1,240 $1,430
13032 $790 $870 $1,070 $1,310 $1,520
13035 $950 $1,050 $1,290 $1,580 $1,830
13037 $740 $810 $1,000 $1,240 $1,430
13043 $760 $840 $1,030 $1,260 $1,460
13061 $760 $850 $1,040 $1,280 $1,480
13082 $760 $840 $1,030 $1,260 $1,460
13104 $850 $940 $1,150 $1,410 $1,630
13122 $790 $870 $1,070 $1,310 $1,520
13134 $740 $830 $1,010 $1,240 $1,440
13163 $770 $850 $1,050 $1,280 $1,490
13310 $810 $900 $1,100 $1,350 $1,560
13314 $770 $830 $1,030 $1,260 $1,460
13334 $730 $810 $1,000 $1,240 $1,430
13346 $910 $1,010 $1,240 $1,520 $1,760
13355 $730 $810 $1,000 $1,240 $1,430
13364 $740 $810 $1,000 $1,240 $1,430
13402 $800 $850 $1,060 $1,290 $1,500
13408 $730 $810 $1,000 $1,240 $1,430
13409 $780 $860 $1,060 $1,300 $1,500
13418 $1,210 $1,340 $1,650 $2,020 $2,340
13421 $740 $810 $1,000 $1,240 $1,430
13425 $770 $810 $1,000 $1,240 $1,430
13480 $730 $810 $1,000 $1,240 $1,430
13484 $760 $840 $1,030 $1,260 $1,460
13032 $790 $870 $1,070 $1,310 $1,520
13402 $800 $850 $1,060 $1,290 $1,500
13409 $780 $860 $1,060 $1,300 $1,500
13421 $740 $810 $1,000 $1,240 $1,430
13425 $770 $810 $1,000 $1,240 $1,430
13480 $730 $810 $1,000 $1,240 $1,430
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13030 $657 $729 $900 $1,116 $1,287
13032 $711 $783 $963 $1,179 $1,368
13035 $855 $945 $1,161 $1,422 $1,647
13037 $666 $729 $900 $1,116 $1,287
13043 $684 $756 $927 $1,134 $1,314
13061 $684 $765 $936 $1,152 $1,332
13082 $684 $756 $927 $1,134 $1,314
13104 $765 $846 $1,035 $1,269 $1,467
13122 $711 $783 $963 $1,179 $1,368
13134 $666 $747 $909 $1,116 $1,296
13163 $693 $765 $945 $1,152 $1,341
13310 $729 $810 $990 $1,215 $1,404
13314 $693 $747 $927 $1,134 $1,314
13334 $657 $729 $900 $1,116 $1,287
13346 $819 $909 $1,116 $1,368 $1,584
13355 $657 $729 $900 $1,116 $1,287
13364 $666 $729 $900 $1,116 $1,287
13402 $720 $765 $954 $1,161 $1,350
13408 $657 $729 $900 $1,116 $1,287
13409 $702 $774 $954 $1,170 $1,350
13418 $1,089 $1,206 $1,485 $1,818 $2,106
13421 $666 $729 $900 $1,116 $1,287
13425 $693 $729 $900 $1,116 $1,287
13480 $657 $729 $900 $1,116 $1,287
13484 $684 $756 $927 $1,134 $1,314
13032 $711 $783 $963 $1,179 $1,368
13402 $720 $765 $954 $1,161 $1,350
13409 $702 $774 $954 $1,170 $1,350
13421 $666 $729 $900 $1,116 $1,287
13425 $693 $729 $900 $1,116 $1,287
13480 $657 $729 $900 $1,116 $1,287
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13030 $803 $891 $1,100 $1,364 $1,573
13032 $869 $957 $1,177 $1,441 $1,672
13035 $1,045 $1,155 $1,419 $1,738 $2,013
13037 $814 $891 $1,100 $1,364 $1,573
13043 $836 $924 $1,133 $1,386 $1,606
13061 $836 $935 $1,144 $1,408 $1,628
13082 $836 $924 $1,133 $1,386 $1,606
13104 $935 $1,034 $1,265 $1,551 $1,793
13122 $869 $957 $1,177 $1,441 $1,672
13134 $814 $913 $1,111 $1,364 $1,584
13163 $847 $935 $1,155 $1,408 $1,639
13310 $891 $990 $1,210 $1,485 $1,716
13314 $847 $913 $1,133 $1,386 $1,606
13334 $803 $891 $1,100 $1,364 $1,573
13346 $1,001 $1,111 $1,364 $1,672 $1,936
13355 $803 $891 $1,100 $1,364 $1,573
13364 $814 $891 $1,100 $1,364 $1,573
13402 $880 $935 $1,166 $1,419 $1,650
13408 $803 $891 $1,100 $1,364 $1,573
13409 $858 $946 $1,166 $1,430 $1,650
13418 $1,331 $1,474 $1,815 $2,222 $2,574
13421 $814 $891 $1,100 $1,364 $1,573
13425 $847 $891 $1,100 $1,364 $1,573
13480 $803 $891 $1,100 $1,364 $1,573
13484 $836 $924 $1,133 $1,386 $1,606
13032 $869 $957 $1,177 $1,441 $1,672
13402 $880 $935 $1,166 $1,419 $1,650
13409 $858 $946 $1,166 $1,430 $1,650
13421 $814 $891 $1,100 $1,364 $1,573
13425 $847 $891 $1,100 $1,364 $1,573
13480 $803 $891 $1,100 $1,364 $1,573

Fair Market Rents on this page apply to the following cities in Madison County, New York: Manlius, Oneida, Canastota, Chittenango, Cazenovia, Kirkville, Bridgeport, Hamilton, Waterville, Morrisville, Munnsville, Oriskany Falls, Madison, Eaton, Erieville, New Woodstock, Hubbardsville, Bouckville, Brookfield, and Wampsville.

These Fair Market Rents also apply to the following ZIP codes in Madison County, New York: 13104, 13421, 13032, 13037, 13035, 13082, 13030, 13346, 13480, 13408, 13409, 13425, 13402, 13334, 13061, 13122, 13355, 13310, 13314, and 13163.

Madison County, NY is considered part of the following metro FMR area: SYRACUSE, NY MSA.

Other counties in the same metro FMR area are: Onondaga County, NY, and Oswego County, NY.

More on Madison 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.