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RentData.org Logo Watertown-Fort Drum Fair Market Rent FY 2022 Watertown-Fort Drum, NY MSA Rental Data

Fair Market Rent Prices in Watertown-Fort Drum, NY :
$786 $899 $1,183 $1,587 $1,864
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Watertown-Fort Drum are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Watertown-Fort Drum is $1,183 per month.

The previous year, rent for a two-bedroom home was $1,047 per month. This is a 12.99% increase year-over-year.

This FMR rate applies to Fishers Landing, NY, Wellesley Island, NY, Great Bend, NY, Denmark, NY, Felts Mills, NY, Deferiet, NY, Depauville, NY, Belleville, NY, Ellisburg, NY, Henderson Harbor, NY and other cities within the region. The Metro Code or CBSA code for this region is METRO48060M48060.

Additionally, This Fair Market Rent (FMR) area Watertown-Fort Drum, NY MSA spans one county or city in New York which is listed in the table below. Estimated population of Watertown-Fort Drum, NY MSA FMR area is 116,565 people based on latest Census data.

Compared to the rest of New York, the Watertown-Fort Drum FMR area is more expensive than 84% 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 Watertown-Fort Drum. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Watertown-Fort Drum

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 $ 852
1-BR 1-Bedroom $ 974
2-BR 2-Bedroom $ 1282
3-BR 3-Bedroom $ 1720
4-BR 4-Bedroom $ 2020
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Watertown-Fort Drum, NY MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Syracuse and Watertown.

County / Region Est. Population
Watertown-Fort Drum, NY Metro 116,565
Zip Codes in Watertown-Fort Drum, NY MSA

There are 46 unique zip codes in this Fair Market Rent (FMR) area:

13083, 13145, 13601, 13602, 13603, 13605, 13606, 13607, 13608, 13611, 13612, 13615, 13616, 13618, 13619, 13622, 13624, 13626, 13628, 13631, 13632, 13634, 13636, 13637, 13638, 13640, 13641, 13642, 13643, 13646, 13650, 13651, 13656, 13659, 13661, 13665, 13671, 13673, 13674, 13675, 13679, 13682, 13685, 13691, 13692 and 13693

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