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Florida, NY

CitySAFMR
Orange County
Found 1 ZIP

City Median Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,690$1,830
1 BR$1,890$1,970
2 BR$2,430$2,500
3 BR$3,060$3,000
4 BR$3,220$3,500
5 BR$3,703Not available
6 BR$4,258Not available
7 BR$4,897Not available
8 BR$5,632Not available

Purchase Price Calculator

Maximum purchase price
$309,582

Cost breakdown

+Likely effective rent$2,500
HUD FMR$2,430
Market rent$2,540
Est. payment standard (103%)Used$2,500
-Principal and interest-$1,565
Loan amount$247,666
Down payment$61,916
Rate6.50%
Term30 years
-Operating costs-$735
Property taxes-$310
Insurance-$175
Utilities$0
HOA$0
Management-$250
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,877(64.4% ROI)
Projected value
$333,386
Return breakdown
Property appreciation+$23,804
Loan principal paid down+$8,873
Rental cash flow+$7,200
5-year hold
+$68,505(110.6% ROI)
Projected value
$350,264
Return breakdown
Property appreciation+$40,682
Loan principal paid down+$15,823
Rental cash flow+$12,000
10-year hold
+$148,414(239.7% ROI)
Projected value
$396,292
Return breakdown
Property appreciation+$86,709
Loan principal paid down+$37,704
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.94
2 BR
0.96
3 BR
1.02
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Florida, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Florida, NY is $2,430 a month. That is up 2.5% from $2,370 in FY 2026. Florida is in the Kiryas Joel-Poughkeepsie-Newburgh, 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 $2,131. The median county two-bedroom FMR in New York is $1,385, so Florida is 75% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Florida, NY
BedroomsFY 2027Change90–110% range
Studio$1,690+3.7%$1,521–$1,859
1BR$1,890+1.6%$1,701–$2,079
2BR$2,430+2.5%$2,187–$2,673
3BR$3,060+1.7%$2,754–$3,366
4BR$3,220−0.3%$2,898–$3,542

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Florida, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,690$1,890$2,430$3,060$3,220
FY 2026$1,630$1,860$2,370$3,010$3,230
FY 2025$1,630$1,860$2,380$3,040$3,280
FY 2024$1,550$1,770$2,280$2,890$3,200
FY 2023$1,340$1,470$1,890$2,410$2,670

Questions about Florida, NY rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,918 to $2,344 a month; under the ZIP-level Small Area FMR of $2,430 it would be $2,187 to $2,673. 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 Florida, NY in?

Florida, NY is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,131.

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

The two-bedroom FMR rose 2.5%, from $2,370 in FY 2026 to $2,430 in FY 2027. Since FY 2023 it has risen 28.6%.

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