FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR- 10504
0.92ratio
FMR$3,150
Market$3,420
vs market-$270
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 10504
0.83ratio
FMR$3,430
Market$4,130
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 10504
0.76ratio
FMR$4,340
Market$5,720
vs market-$1,380
FMR is below market; voucher rent may lag private rents.
0.76
4 BR
4 BR- 10504
0.54ratio
FMR$4,750
Market$8,790
vs market-$4,040
FMR is below market; voucher rent may lag private rents.
0.54
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Armonk, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Armonk, NY is $3,430 a month. That is down 8.8% from $3,760 in FY 2026. Armonk is in the New York, NY HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,971. The median county two-bedroom FMR in New York is $1,385, so Armonk is 148% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Armonk, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,250
$2,990
−8.0%
$2,691–$3,289
1BR
$3,400
$3,150
−7.4%
$2,835–$3,465
2BR
$3,760
$3,430
−8.8%
$3,087–$3,773
3BR
$4,680
$4,340
−7.3%
$3,906–$4,774
4BR
$5,070
$4,750
−6.3%
$4,275–$5,225
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Armonk, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,990
$3,150
$3,430
$4,340
$4,750
FY 2026
$3,250
$3,400
$3,760
$4,680
$5,070
FY 2025
$3,610
$3,770
$4,170
$5,200
$5,610
FY 2024
$2,470
$2,900
$3,530
$4,330
$4,700
FY 2023
$2,150
$2,500
$3,040
$3,770
$4,170
Questions about Armonk, NY rents
How much will Section 8 pay for a two-bedroom in Armonk, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $3,430 it would be $3,087 to $3,773. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Armonk, NY in?
Armonk, NY is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.
How much did fair market rent change in Armonk, NY for FY 2027?
The two-bedroom FMR fell 8.8%, from $3,760 in FY 2026 to $3,430 in FY 2027. Since FY 2023 it has risen 12.8%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set