FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 10567
0.90ratio
FMR$3,940
Market$4,370
vs market-$430
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 10567
0.77ratio
FMR$4,310
Market$5,600
vs market-$1,290
FMR is below market; voucher rent may lag private rents.
0.77
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Cortlandt Manor, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cortlandt Manor, NY is $3,110 a month. That is down 4.6% from $3,260 in FY 2026. Cortlandt Manor 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 Cortlandt Manor is 125% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cortlandt Manor, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,830
$2,710
−4.2%
$2,439–$2,981
1BR
$2,970
$2,860
−3.7%
$2,574–$3,146
2BR
$3,260
$3,110
−4.6%
$2,799–$3,421
3BR
$4,080
$3,940
−3.4%
$3,546–$4,334
4BR
$4,440
$4,310
−2.9%
$3,879–$4,741
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cortlandt Manor, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,710
$2,860
$3,110
$3,940
$4,310
FY 2026
$2,830
$2,970
$3,260
$4,080
$4,440
FY 2025
$2,790
$2,910
$3,220
$4,010
$4,330
FY 2024
$1,920
$2,180
$2,650
$3,250
$3,530
FY 2023
$1,820
$1,890
$2,300
$2,850
$3,150
Questions about Cortlandt Manor, NY rents
How much will Section 8 pay for a two-bedroom in Cortlandt Manor, 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 $3,110 it would be $2,799 to $3,421. 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 Cortlandt Manor, NY in?
Cortlandt Manor, 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 Cortlandt Manor, NY for FY 2027?
The two-bedroom FMR fell 4.6%, from $3,260 in FY 2026 to $3,110 in FY 2027. Since FY 2023 it has risen 35.2%.
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