FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 11542
0.83ratio
FMR$2,410
Market$2,900
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 11542
0.77ratio
FMR$2,840
Market$3,700
vs market-$860
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 11542
0.88ratio
FMR$3,650
Market$4,130
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 11542
0.86ratio
FMR$3,880
Market$4,530
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.86
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
--
Glen Cove, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Glen Cove, NY is $2,840 a month. That is down 0.4% from $2,850 in FY 2026. Glen Cove 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 Glen Cove is 105% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Glen Cove, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,070
$2,070
0.0%
$1,863–$2,277
1BR
$2,470
$2,410
−2.4%
$2,169–$2,651
2BR
$2,850
$2,840
−0.4%
$2,556–$3,124
3BR
$3,700
$3,650
−1.4%
$3,285–$4,015
4BR
$3,910
$3,880
−0.8%
$3,492–$4,268
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Glen Cove, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,070
$2,410
$2,840
$3,650
$3,880
FY 2026
$2,070
$2,470
$2,850
$3,700
$3,910
FY 2025
$1,870
$2,270
$2,620
$3,400
$3,640
FY 2024
$1,720
$2,150
$2,520
$3,260
$3,540
FY 2023
$1,560
$1,950
$2,340
$3,010
$3,310
Questions about Glen Cove, NY rents
How much will Section 8 pay for a two-bedroom in Glen Cove, 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 $2,840 it would be $2,556 to $3,124. 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 Glen Cove, NY in?
Glen Cove, 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 Glen Cove, NY for FY 2027?
The two-bedroom FMR fell 0.4%, from $2,850 in FY 2026 to $2,840 in FY 2027. Since FY 2023 it has risen 21.4%.
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