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Section 8 rent in Allegany County, NY

FY2025 HUD Small Area Fair Market Rents for the Allegany County, NY, covering 40 ZIP codes.

$1,004Avg 2BR FMR / mo
$1,104Avg 2BR at 110% Standard
40ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$700$757$1,010$833
1 Bedroom$730$806$1,080$886
2 Bedrooms$930$1,004$1,350$1,104
3 Bedrooms$1,150$1,261$1,690$1,387
4 Bedrooms$1,320$1,470$1,970$1,617

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,008$24,096
Triplex3 × 2BR$3,012$36,144
Fourplex4 × 2BR$4,016$48,192
Fourplex4 × 3BR$5,044$60,528

Gross scheduled rent before vacancy, maintenance and management. Run any New York multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 40 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
14714 $1,080 $1,350 $1,690 $1,970
14437 $950 $1,180 $1,430 $1,610
14822 $950 $1,180 $1,430 $1,670
14836 $950 $1,180 $1,430 $1,570
14846 $950 $1,180 $1,430 $1,570
14884 $950 $1,180 $1,430 $1,570
14807 $910 $1,110 $1,430 $1,840
14536 $890 $1,060 $1,420 $1,660
14744 $850 $1,060 $1,330 $1,550
14804 $840 $1,050 $1,310 $1,540
14709 $820 $1,030 $1,290 $1,500
14029 $820 $1,020 $1,270 $1,480
14727 $790 $1,000 $1,250 $1,450
14802 $790 $990 $1,240 $1,450
14065 $810 $980 $1,290 $1,500

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Allegany County, NY?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Allegany County, NY is $1,004 per month, ranging from $930 to $1,350 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,104.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Allegany County, NY, 2-bedroom SAFMRs run from $930 to $1,350 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in New York?
RealG searches live listings across New York, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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