FMR is below market; voucher rent may lag private rents.
0.74
1 BR
1 BR- 12078
0.79ratio
FMR$830
Market$1,050
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 12078
0.84ratio
FMR$1,080
Market$1,280
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 12078
0.88ratio
FMR$1,290
Market$1,460
vs market-$170
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 12078
0.92ratio
FMR$1,470
Market$1,590
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.92
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
--
Gloversville, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gloversville, NY is $1,080 a month. That is down 1.8% from $1,100 in FY 2026. Gloversville is in the Fulton 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 $1,051. The median county two-bedroom FMR in New York is $1,385, so Gloversville is 22% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gloversville, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$830
$790
−4.8%
$711–$869
1BR
$840
$830
−1.2%
$747–$913
2BR
$1,100
$1,080
−1.8%
$972–$1,188
3BR
$1,320
$1,290
−2.3%
$1,161–$1,419
4BR
$1,490
$1,470
−1.3%
$1,323–$1,617
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gloversville, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$830
$1,080
$1,290
$1,470
FY 2026
$830
$840
$1,100
$1,320
$1,490
FY 2025
$790
$790
$1,040
$1,250
$1,400
FY 2024area FMR
$729
$734
$964
$1,166
$1,316
FY 2023area FMR
$735
$739
$962
$1,171
$1,359
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Gloversville, NY rents
How much will Section 8 pay for a two-bedroom in Gloversville, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,051, which applies unless the housing authority uses Small Area FMRs, that basic range is $946 to $1,156 a month; under the ZIP-level Small Area FMR of $1,080 it would be $972 to $1,188. 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 Gloversville, NY in?
Gloversville, NY is in the Fulton County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,051.
How much did fair market rent change in Gloversville, NY for FY 2027?
The two-bedroom FMR fell 1.8%, from $1,100 in FY 2026 to $1,080 in FY 2027. Since FY 2025 it has risen 3.8%.
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