FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR- 12420
0.81ratio
FMR$1,350
Market$1,660
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 12420
0.87ratio
FMR$1,760
Market$2,030
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 12420
0.84ratio
FMR$2,170
Market$2,570
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.84
4 BR
4 BR- 12420
0.82ratio
FMR$2,320
Market$2,840
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.82
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
--
Cragsmoor, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cragsmoor, NY is $1,760 a month. That is up 2.3% from $1,720 in FY 2026. Cragsmoor is in the Kingston, 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 $1,878. The median county two-bedroom FMR in New York is $1,385, so Cragsmoor is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cragsmoor, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,240
$1,230
−0.8%
$1,107–$1,353
1BR
$1,320
$1,350
+2.3%
$1,215–$1,485
2BR
$1,720
$1,760
+2.3%
$1,584–$1,936
3BR
$2,140
$2,170
+1.4%
$1,953–$2,387
4BR
$2,300
$2,320
+0.9%
$2,088–$2,552
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cragsmoor, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,230
$1,350
$1,760
$2,170
$2,320
FY 2026
$1,240
$1,320
$1,720
$2,140
$2,300
FY 2025
$1,320
$1,360
$1,770
$2,250
$2,430
FY 2024
$1,290
$1,350
$1,750
$2,250
$2,510
FY 2023
$1,090
$1,170
$1,510
$1,970
$2,190
Questions about Cragsmoor, NY rents
How much will Section 8 pay for a two-bedroom in Cragsmoor, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,878, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,690 to $2,066 a month; under the ZIP-level Small Area FMR of $1,760 it would be $1,584 to $1,936. 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 Cragsmoor, NY in?
Cragsmoor, NY is in the Kingston, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,878.
How much did fair market rent change in Cragsmoor, NY for FY 2027?
The two-bedroom FMR rose 2.3%, from $1,720 in FY 2026 to $1,760 in FY 2027. Since FY 2023 it has risen 16.6%.
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