Elmira, NY · New York
Chemung County
ZIP 14861
82,805 residents105 permits TTM$63,469 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$132,100
ACS 5-Year
Cap rate proxy
9.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.3%
HUD FMR ÷ ACS HHI
Net migration
+0.99%
IRS SOI
Permits (TTM)
105
Census BPS
Climate risk
54.8
FEMA NRI (0–100)
ZIP 14861
Median home value
—
Gross yield
—
Buy Box score
0.6
Section 8 gap
—
Affordability
P/I: 2.5R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown15 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 14901 | — | — | — | 13.6% | — |
| 14904 | — | — | — | 12.7% | — |
| 14816 | — | — | — | 9.3% | — |
| 14825 | — | — | — | 9.3% | — |
| 14872 | — | — | — | 9.3% | — |
| 14903 | — | — | — | 8.1% | — |
| 14894 | — | — | — | 8.1% | — |
| 14861 | — | — | — | 7.8% | — |
| 14864 | — | — | — | 7.8% | — |
| 14889 | — | — | — | 7.4% | — |
| 14905 | — | — | — | 7.4% | — |
| 14838 | — | — | — | 6.6% | — |
| 14871 | — | — | — | 6.5% | — |
| 14845 | — | — | — | 5.9% | — |
| 14814 | — | — | — | 5.0% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
69.8%
Census ACS
Vacancy rate
10.8%
Census ACS
Bachelor's degree +
26.9%
Census ACS
Rent burdened
49.1%
Census ACS (>30% income)
Median age
41.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026