FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 12734
0.76ratio
FMR$1,060
Market$1,400
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 12734
0.73ratio
FMR$1,330
Market$1,830
vs market-$500
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 12734
0.66ratio
FMR$1,840
Market$2,800
vs market-$960
FMR is below market; voucher rent may lag private rents.
0.66
4 BR
4 BR- 12734
0.81ratio
FMR$1,870
Market$2,320
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.81
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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Ferndale, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ferndale, NY is $1,330 a month. That is down 1.5% from $1,350 in FY 2026. Ferndale is in the Sullivan 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 $1,299. The median county two-bedroom FMR in New York is $1,385, so Ferndale is 4% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ferndale, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$1,030
0.0%
$927–$1,133
1BR
$1,110
$1,060
−4.5%
$954–$1,166
2BR
$1,350
$1,330
−1.5%
$1,197–$1,463
3BR
$1,870
$1,840
−1.6%
$1,656–$2,024
4BR
$1,950
$1,870
−4.1%
$1,683–$2,057
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ferndale, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,060
$1,330
$1,840
$1,870
FY 2026
$1,030
$1,110
$1,350
$1,870
$1,950
FY 2025
$1,000
$1,100
$1,290
$1,810
$1,920
FY 2024area FMR
$789
$917
$1,078
$1,506
$1,653
FY 2023area FMR
$698
$838
$1,008
$1,341
$1,526
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Ferndale, NY rents
How much will Section 8 pay for a two-bedroom in Ferndale, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,299, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,169 to $1,429 a month; under the ZIP-level Small Area FMR of $1,330 it would be $1,197 to $1,463. 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 Ferndale, NY in?
Ferndale, NY is in the Sullivan County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,299.
How much did fair market rent change in Ferndale, NY for FY 2027?
The two-bedroom FMR fell 1.5%, from $1,350 in FY 2026 to $1,330 in FY 2027. Since FY 2025 it has risen 3.1%.
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