FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 11739
1.04ratio
FMR$2,490
Market$2,400
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR- 11739
0.88ratio
FMR$2,930
Market$3,320
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 11739
0.96ratio
FMR$3,770
Market$3,940
vs market-$170
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 11739
0.91ratio
FMR$4,000
Market$4,400
vs market-$400
FMR is near market; voucher and private rents are aligned.
0.91
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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Great River, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Great River, NY is $2,930 a month. That is down 2.3% from $3,000 in FY 2026. Great River 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 Great River is 112% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Great River, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,180
$2,140
−1.8%
$1,926–$2,354
1BR
$2,600
$2,490
−4.2%
$2,241–$2,739
2BR
$3,000
$2,930
−2.3%
$2,637–$3,223
3BR
$3,890
$3,770
−3.1%
$3,393–$4,147
4BR
$4,120
$4,000
−2.9%
$3,600–$4,400
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Great River, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,140
$2,490
$2,930
$3,770
$4,000
FY 2026
$2,180
$2,600
$3,000
$3,890
$4,120
FY 2025
$2,000
$2,430
$2,800
$3,630
$3,890
FY 2024
$1,850
$2,330
$2,720
$3,520
$3,820
FY 2023
$1,660
$2,060
$2,470
$3,170
$3,490
Questions about Great River, NY rents
How much will Section 8 pay for a two-bedroom in Great River, 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 $2,930 it would be $2,637 to $3,223. 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 Great River, NY in?
Great River, 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 Great River, NY for FY 2027?
The two-bedroom FMR fell 2.3%, from $3,000 in FY 2026 to $2,930 in FY 2027. Since FY 2023 it has risen 18.6%.
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