Section 8 rent in Binghamton, NY

FY2025 HUD Small Area Fair Market Rents for the Binghamton, NY MSA, covering 51 ZIP codes.

$1,208Avg 2BR FMR / mo
$1,329Avg 2BR at 110% Standard
51ZIP 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$770$900$1,490$990
1 Bedroom$820$968$1,670$1,065
2 Bedrooms$1,030$1,208$1,920$1,329
3 Bedrooms$1,350$1,554$2,320$1,710
4 Bedrooms$1,480$1,762$2,670$1,938

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$2,416$28,992
Triplex3 × 2BR$3,624$43,488
Fourplex4 × 2BR$4,832$57,984
Fourplex4 × 3BR$6,216$74,592

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 51 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
14817 $1,670 $1,920 $2,320 $2,670
13736 $1,300 $1,500 $1,860 $2,010
13864 $1,300 $1,500 $1,860 $2,010
14883 $1,300 $1,500 $1,860 $2,010
13833 $1,150 $1,450 $1,870 $2,140
13863 $1,110 $1,380 $1,720 $2,310
14859 $1,070 $1,370 $1,760 $1,950
13850 $1,080 $1,360 $1,760 $2,010
13902 $1,080 $1,360 $1,760 $2,010
14889 $1,040 $1,360 $1,730 $1,830
13812 $1,060 $1,340 $1,730 $1,980
13905 $1,000 $1,260 $1,630 $1,860
13732 $980 $1,240 $1,600 $1,830
13734 $990 $1,240 $1,600 $1,820
13795 $960 $1,220 $1,570 $1,800

Quick cash flow check

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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 Binghamton, NY?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Binghamton, NY MSA is $1,208 per month, ranging from $1,030 to $1,920 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 $1,329.
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 Binghamton, NY, 2-bedroom SAFMRs run from $1,030 to $1,920 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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