FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR- 11375
0.97ratio
FMR$4,770
Market$4,920
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR- 11375
1.03ratio
FMR$5,230
Market$5,070
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.03
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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Forest Hills, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Forest Hills, NY is $3,770 a month. That is up 3.3% from $3,650 in FY 2026. Forest Hills is in the New York, 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 $2,971. The median county two-bedroom FMR in New York is $1,385, so Forest Hills is 172% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Forest Hills, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,170
$3,290
+3.8%
$2,961–$3,619
1BR
$3,330
$3,460
+3.9%
$3,114–$3,806
2BR
$3,650
$3,770
+3.3%
$3,393–$4,147
3BR
$4,570
$4,770
+4.4%
$4,293–$5,247
4BR
$4,970
$5,230
+5.2%
$4,707–$5,753
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Forest Hills, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$3,290
$3,460
$3,770
$4,770
$5,230
FY 2026
$3,170
$3,330
$3,650
$4,570
$4,970
FY 2025
$2,920
$3,050
$3,380
$4,210
$4,540
FY 2024
$2,930
$3,010
$3,380
$4,220
$4,540
FY 2023
$2,730
$2,790
$3,150
$3,960
$4,260
Questions about Forest Hills, NY rents
How much will Section 8 pay for a two-bedroom in Forest Hills, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $3,770 it would be $3,393 to $4,147. 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 Forest Hills, NY in?
Forest Hills, NY is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.
How much did fair market rent change in Forest Hills, NY for FY 2027?
The two-bedroom FMR rose 3.3%, from $3,650 in FY 2026 to $3,770 in FY 2027. Since FY 2023 it has risen 19.7%.
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