12586 Walden, NY Fair Market Rent

What the FMR for ZIP 12586 actually means

HUD publishes Small Area Fair Market Rents at the ZIP code level for designated metros. ZIP 12586 (Walden, NY) is covered by Kiryas Joel-Poughkeepsie-Newburgh, NY MSA, so FY 2026 figures here are ZIP-specific: $1,490 for a 1-bedroom, studio $1,310, 2-bedroom $1,900, 3-bedroom $2,410, and 4-bedroom $2,590. These are 40th-percentile gross rents (utilities except telephone), not live asking rents. Housing Choice Voucher payment standards are typically set between 90% and 110% of the applicable FMR/SAFMR.

Because this page uses SAFMR, nearby ZIPs in Orange can show different bedroom figures. Against the national benchmark the 1-bedroom SAFMR here is 55% above the US average of $959, and 13% above the NY state average of $1,315.

For budgeting, the 30% affordability rule says rent should not exceed 30% of gross household income. At the FY 2026 1-bedroom FMR of $1,490, that implies a household income of $59,600 per year (about $4,967/month) to avoid being cost-burdened, a 2-bedroom at $1,900 lifts that threshold higher still. ZIP 12586 has a population of 12,540 residents, so the gap between these FMR figures and local wages shapes how many households qualify as rent-burdened (paying more than 30% of income) or severely burdened (above 50%).