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NY/Nassau County/East Meadow

East Meadow, NY

CitySAFMR
Nassau County
Found 1 ZIP

City Median Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$2,400$2,330
1 BR$2,800$2,830
2 BR$3,290$3,620
3 BR$4,230$4,100
4 BR$4,490$4,720
5 BR$5,164Not available
6 BR$5,938Not available
7 BR$6,829Not available
8 BR$7,853Not available

Purchase Price Calculator

Maximum purchase price
$476,014

Cost breakdown

+Likely effective rent$3,620
HUD FMR$3,290
Market rent$3,870
Est. payment standard (110%)Used$3,620
-Principal and interest-$2,407
Loan amount$380,811
Down payment$95,203
Rate6.50%
Term30 years
-Operating costs-$1,013
Property taxes-$476
Insurance-$175
Utilities$0
HOA$0
Management-$362
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$57,445(60.3% ROI)
Projected value
$512,615
Return breakdown
Property appreciation+$36,601
Loan principal paid down+$13,644
Rental cash flow+$7,200
5-year hold
+$98,882(103.9% ROI)
Projected value
$538,566
Return breakdown
Property appreciation+$62,552
Loan principal paid down+$24,330
Rental cash flow+$12,000
10-year hold
+$215,298(226.1% ROI)
Projected value
$609,338
Return breakdown
Property appreciation+$133,324
Loan principal paid down+$57,974
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.03
1 BR
0.99
2 BR
0.85
3 BR
1.03
4 BR
0.93
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

East Meadow, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in East Meadow, NY is $3,290 a month. That is down 4.4% from $3,440 in FY 2026. East Meadow is in the Nassau-Suffolk, 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 $2,689. The median county two-bedroom FMR in New York is $1,385, so East Meadow is 138% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for East Meadow, NY
BedroomsFY 2027Change90–110% range
Studio$2,400−4.0%$2,160–$2,640
1BR$2,800−6.0%$2,520–$3,080
2BR$3,290−4.4%$2,961–$3,619
3BR$4,230−5.2%$3,807–$4,653
4BR$4,490−4.9%$4,041–$4,939

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for East Meadow, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,400$2,800$3,290$4,230$4,490
FY 2026$2,500$2,980$3,440$4,460$4,720
FY 2025$2,320$2,820$3,250$4,210$4,510
FY 2024$2,230$2,800$3,270$4,230$4,590
FY 2023$2,050$2,550$3,060$3,930$4,320

Questions about East Meadow, NY rents

How much will Section 8 pay for a two-bedroom in East Meadow, NY?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,689, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,420 to $2,958 a month; under the ZIP-level Small Area FMR of $3,290 it would be $2,961 to $3,619. 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 Meadow, NY in?

East Meadow, NY is in the Nassau-Suffolk, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,689.

How much did fair market rent change in East Meadow, NY for FY 2027?

The two-bedroom FMR fell 4.4%, from $3,440 in FY 2026 to $3,290 in FY 2027. Since FY 2023 it has risen 7.5%.

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