FMR is below market; voucher rent may lag private rents.
0.46
1 BR
1 BR- 12427
0.50ratio
FMR$1,200
Market$2,410
vs market-$1,210
FMR is below market; voucher rent may lag private rents.
0.50
2 BR
2 BR- 12427
0.56ratio
FMR$1,520
Market$2,710
vs market-$1,190
FMR is below market; voucher rent may lag private rents.
0.56
3 BR
3 BR- 12427
0.70ratio
FMR$1,920
Market$2,760
vs market-$840
FMR is below market; voucher rent may lag private rents.
0.70
4 BR
4 BR- 12427
0.77ratio
FMR$2,200
Market$2,860
vs market-$660
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
--
Tax rate
--
Mortgage rate
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Elka Park, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Elka Park, NY is $1,520 a month. That is down 8.4% from $1,660 in FY 2026. Elka Park is in the Greene 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 $1,354. The median county two-bedroom FMR in New York is $1,385, so Elka Park is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Elka Park, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,200
$1,080
−10.0%
$972–$1,188
1BR
$1,300
$1,200
−7.7%
$1,080–$1,320
2BR
$1,660
$1,520
−8.4%
$1,368–$1,672
3BR
$2,100
$1,920
−8.6%
$1,728–$2,112
4BR
$2,310
$2,200
−4.8%
$1,980–$2,420
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Elka Park, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,080
$1,200
$1,520
$1,920
$2,200
FY 2026
$1,200
$1,300
$1,660
$2,100
$2,310
FY 2025
$1,190
$1,210
$1,530
$1,990
$2,160
FY 2024area FMR
$926
$965
$1,155
$1,517
$1,587
FY 2023area FMR
$883
$931
$1,123
$1,407
$1,509
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Elka Park, NY rents
How much will Section 8 pay for a two-bedroom in Elka Park, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,354, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,219 to $1,489 a month; under the ZIP-level Small Area FMR of $1,520 it would be $1,368 to $1,672. 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 Elka Park, NY in?
Elka Park, NY is in the Greene County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,354.
How much did fair market rent change in Elka Park, NY for FY 2027?
The two-bedroom FMR fell 8.4%, from $1,660 in FY 2026 to $1,520 in FY 2027. Since FY 2025 it has fallen 0.7%.
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