FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR- 13628
0.65ratio
FMR$1,020
Market$1,580
vs market-$560
FMR is below market; voucher rent may lag private rents.
0.65
2 BR
2 BR- 13628
0.80ratio
FMR$1,340
Market$1,680
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.80
3 BR
3 BR- 13628
1.05ratio
FMR$1,840
Market$1,760
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR- 13628
1.15ratio
FMR$2,190
Market$1,900
vs market+$290
FMR is above market; underwrite to market rent.
1.15
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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Deferiet, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Deferiet, NY is $1,340 a month. That is up 13.6% from $1,180 in FY 2026. Deferiet is in the Watertown-Fort Drum, 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 $1,453. The median county two-bedroom FMR in New York is $1,385, so Deferiet is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Deferiet, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$930
+14.8%
$837–$1,023
1BR
$900
$1,020
+13.3%
$918–$1,122
2BR
$1,180
$1,340
+13.6%
$1,206–$1,474
3BR
$1,600
$1,840
+15.0%
$1,656–$2,024
4BR
$1,970
$2,190
+11.2%
$1,971–$2,409
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Deferiet, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$930
$1,020
$1,340
$1,840
$2,190
FY 2026
$810
$900
$1,180
$1,600
$1,970
FY 2025
$830
$940
$1,230
$1,660
$2,010
FY 2024
$850
$960
$1,260
$1,710
$2,070
FY 2023
$860
$970
$1,280
$1,730
$2,040
Questions about Deferiet, NY rents
How much will Section 8 pay for a two-bedroom in Deferiet, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,453, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,308 to $1,598 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 Deferiet, NY in?
Deferiet, NY is in the Watertown-Fort Drum, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,453.
How much did fair market rent change in Deferiet, NY for FY 2027?
The two-bedroom FMR rose 13.6%, from $1,180 in FY 2026 to $1,340 in FY 2027. Since FY 2023 it has risen 4.7%.
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