FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 12801
0.86ratio
FMR$1,070
Market$1,250
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.86
2 BR
2 BR- 12801
0.81ratio
FMR$1,340
Market$1,660
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 12801
0.81ratio
FMR$1,740
Market$2,160
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 12801
0.71ratio
FMR$1,760
Market$2,470
vs market-$710
FMR is below market; voucher rent may lag private rents.
0.71
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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Glens Falls, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Glens Falls, NY is $1,340 a month. That is unchanged from FY 2026. Glens Falls is in the Glens Falls, 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 $1,347. The median county two-bedroom FMR in New York is $1,385, so Glens Falls is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Glens Falls, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$1,060
+2.9%
$954–$1,166
1BR
$1,060
$1,070
+0.9%
$963–$1,177
2BR
$1,340
$1,340
0.0%
$1,206–$1,474
3BR
$1,730
$1,740
+0.6%
$1,566–$1,914
4BR
$1,770
$1,760
−0.6%
$1,584–$1,936
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Glens Falls, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,060
$1,070
$1,340
$1,740
$1,760
FY 2026
$1,030
$1,060
$1,340
$1,730
$1,770
FY 2025
$1,030
$1,070
$1,340
$1,740
$1,780
FY 2024
$920
$1,010
$1,260
$1,630
$1,680
FY 2023
$810
$910
$1,140
$1,480
$1,530
Questions about Glens Falls, NY rents
How much will Section 8 pay for a two-bedroom in Glens Falls, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,347, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,212 to $1,482 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 Glens Falls, NY in?
Glens Falls, NY is in the Glens Falls, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,347.
How much did fair market rent change in Glens Falls, NY for FY 2027?
The two-bedroom FMR was unchanged at $1,340 in FY 2027. Since FY 2023 it has risen 17.5%.
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