FMR is below market; voucher rent may lag private rents.
0.69
1 BR
1 BR- 12511
0.79ratio
FMR$1,620
Market$2,060
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 12511
0.70ratio
FMR$2,080
Market$2,970
vs market-$890
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 12511
0.69ratio
FMR$2,620
Market$3,780
vs market-$1,160
FMR is below market; voucher rent may lag private rents.
0.69
4 BR
4 BR- 12511
0.64ratio
FMR$2,760
Market$4,310
vs market-$1,550
FMR is below market; voucher rent may lag private rents.
0.64
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
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Castle Point, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Castle Point, NY is $2,080 a month. That is up 7.2% from $1,940 in FY 2026. Castle Point is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. 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 $2,131. The median county two-bedroom FMR in New York is $1,385, so Castle Point is 50% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Castle Point, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,340
$1,450
+8.2%
$1,305–$1,595
1BR
$1,520
$1,620
+6.6%
$1,458–$1,782
2BR
$1,940
$2,080
+7.2%
$1,872–$2,288
3BR
$2,460
$2,620
+6.5%
$2,358–$2,882
4BR
$2,640
$2,760
+4.5%
$2,484–$3,036
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Castle Point, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,450
$1,620
$2,080
$2,620
$2,760
FY 2026
$1,340
$1,520
$1,940
$2,460
$2,640
FY 2025
$1,280
$1,460
$1,860
$2,370
$2,570
FY 2024
$1,210
$1,390
$1,790
$2,270
$2,510
FY 2023
$1,100
$1,210
$1,550
$1,970
$2,190
Questions about Castle Point, NY rents
How much will Section 8 pay for a two-bedroom in Castle Point, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,918 to $2,344 a month; under the ZIP-level Small Area FMR of $2,080 it would be $1,872 to $2,288. 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 Castle Point, NY in?
Castle Point, NY is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,131.
How much did fair market rent change in Castle Point, NY for FY 2027?
The two-bedroom FMR rose 7.2%, from $1,940 in FY 2026 to $2,080 in FY 2027. Since FY 2023 it has risen 34.2%.
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