FMR is below market; voucher rent may lag private rents.
0.57
1 BR
1 BR- 12517
0.58ratio
FMR$1,200
Market$2,070
vs market-$870
FMR is below market; voucher rent may lag private rents.
0.58
2 BR
2 BR- 12517
0.61ratio
FMR$1,390
Market$2,270
vs market-$880
FMR is below market; voucher rent may lag private rents.
0.61
3 BR
3 BR- 12517
0.72ratio
FMR$1,700
Market$2,360
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.72
4 BR
4 BR- 12517
0.71ratio
FMR$1,830
Market$2,570
vs market-$740
FMR is below market; voucher rent may lag private rents.
0.71
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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Copake Falls, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Copake Falls, NY is $1,390 a month. That is up 6.1% from $1,310 in FY 2026. Copake Falls is in the Columbia County, NY non-metropolitan 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 county-wide two-bedroom FMR of $1,503.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Copake Falls, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,160
+1.8%
$1,044–$1,276
1BR
$1,150
$1,200
+4.3%
$1,080–$1,320
2BR
$1,310
$1,390
+6.1%
$1,251–$1,529
3BR
$1,580
$1,700
+7.6%
$1,530–$1,870
4BR
$1,730
$1,830
+5.8%
$1,647–$2,013
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Copake Falls, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,200
$1,390
$1,700
$1,830
FY 2026
$1,140
$1,150
$1,310
$1,580
$1,730
FY 2025
$1,080
$1,090
$1,240
$1,490
$1,640
FY 2024area FMR
$1,032
$1,042
$1,190
$1,439
$1,585
FY 2023area FMR
$913
$952
$1,107
$1,392
$1,487
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Copake Falls, NY rents
How much will Section 8 pay for a two-bedroom in Copake Falls, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,503, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,353 to $1,653 a month; under the ZIP-level Small Area FMR of $1,390 it would be $1,251 to $1,529. 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 Copake Falls, NY in?
Copake Falls, NY is in the Columbia County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,503.
How much did fair market rent change in Copake Falls, NY for FY 2027?
The two-bedroom FMR rose 6.1%, from $1,310 in FY 2026 to $1,390 in FY 2027. Since FY 2025 it has risen 12.1%.
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