Logo Otsego County Fair Market Rent FY 2014 Otsego County, NY Rental Data

Fair Market Rent Prices in Otsego County, NY :
$628 $680 $844 $1,134 $1,205
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Otsego County are high compared to the national average. This FMR area is more expensive than 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Otsego County is $844 per month.

The previous year, rent for a two-bedroom home was $816 per month. This is a 3.43% increase year-over-year.

This FMR rate applies to Charlotteville, NY, Garrattsville, NY, East Worcester, NY, Schuyler Lake, NY, Roseboom, NY, New Lisbon, NY, Westford, NY, West Burlington, NY, East Springfield, NY, Colliersville, NY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY36077N36077.

Additionally, This Fair Market Rent (FMR) area Otsego County, NY spans one county or city in New York which is listed in the table below. Estimated population of Otsego County, NY FMR area is 62,259 people based on latest Census data.

Compared to the rest of New York, the Otsego County FMR area is more expensive than 71% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Otsego County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Otsego County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 652
1-BR 1-Bedroom $ 706
2-BR 2-Bedroom $ 877
3-BR 3-Bedroom $ 1179
4-BR 4-Bedroom $ 1253
Change Year:

There is just one county (listed below) within the Otsego County, NY FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Albany - Schenectady - Troy and Utica.

County / Region Est. Population
Otsego County, NY 62,259
Zip Codes in Otsego County, NY

There are 28 unique zip codes in this Fair Market Rent (FMR) area:

12036, 12043, 12064, 12116, 12149, 12197, 13315, 13326, 13333, 13335, 13337, 13342, 13348, 13415, 13450, 13457, 13468, 13482, 13488, 13747, 13776, 13796, 13807, 13808, 13810, 13834, 13859 and 13861

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