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NY/Columbia County/East Chatham

East Chatham, NY

CitySAFMR
Columbia County
Found 1 ZIP

City Median Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,880$1,880
1 BR$1,950$1,950
2 BR$2,250$2,250
3 BR$2,750$2,750
4 BR$2,960$2,960
5 BR$3,404Not available
6 BR$3,915Not available
7 BR$4,502Not available
8 BR$5,177Not available

Purchase Price Calculator

Maximum purchase price
$272,433

Cost breakdown

+Likely effective rent$2,250
HUD FMRUsed$2,250
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,378
Loan amount$217,946
Down payment$54,487
Rate6.50%
Term30 years
-Operating costs-$672
Property taxes-$272
Insurance-$175
Utilities$0
HOA$0
Management-$225
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,956(66.0% ROI)
Projected value
$293,380
Return breakdown
Property appreciation+$20,948
Loan principal paid down+$7,808
Rental cash flow+$7,200
5-year hold
+$61,725(113.3% ROI)
Projected value
$308,232
Return breakdown
Property appreciation+$35,800
Loan principal paid down+$13,925
Rental cash flow+$12,000
10-year hold
+$133,484(245.0% ROI)
Projected value
$348,737
Return breakdown
Property appreciation+$76,304
Loan principal paid down+$33,180
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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East Chatham, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in East Chatham, NY is $2,250 a month. That is up 4.7% from $2,150 in FY 2026. East Chatham 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. The median county two-bedroom FMR in New York is $1,385, so East Chatham is 62% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for East Chatham, NY
BedroomsFY 2027Change90–110% range
Studio$1,880+0.5%$1,692–$2,068
1BR$1,950+3.2%$1,755–$2,145
2BR$2,250+4.7%$2,025–$2,475
3BR$2,750+6.2%$2,475–$3,025
4BR$2,960+3.9%$2,664–$3,256

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for East Chatham, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$1,950$2,250$2,750$2,960
FY 2026$1,870$1,890$2,150$2,590$2,850
FY 2025$1,760$1,770$2,020$2,430$2,680
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 East Chatham, NY rents

How much will Section 8 pay for a two-bedroom in East Chatham, 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 $2,250 it would be $2,025 to $2,475. 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 East Chatham, NY in?

East Chatham, 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 East Chatham, NY for FY 2027?

The two-bedroom FMR rose 4.7%, from $2,150 in FY 2026 to $2,250 in FY 2027. Since FY 2025 it has risen 11.4%.

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