FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 10925
0.71ratio
FMR$1,570
Market$2,210
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.71
2 BR
2 BR- 10925
0.75ratio
FMR$2,020
Market$2,680
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 10925
0.78ratio
FMR$2,550
Market$3,260
vs market-$710
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 10925
0.76ratio
FMR$2,680
Market$3,520
vs market-$840
FMR is below market; voucher rent may lag private rents.
0.76
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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Greenwood Lake, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Greenwood Lake, NY is $2,020 a month. That is up 7.4% from $1,880 in FY 2026. Greenwood Lake is in the Kiryas Joel-Poughkeepsie-Newburgh, 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 $2,131. The median county two-bedroom FMR in New York is $1,385, so Greenwood Lake is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Greenwood Lake, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,300
$1,410
+8.5%
$1,269–$1,551
1BR
$1,470
$1,570
+6.8%
$1,413–$1,727
2BR
$1,880
$2,020
+7.4%
$1,818–$2,222
3BR
$2,390
$2,550
+6.7%
$2,295–$2,805
4BR
$2,560
$2,680
+4.7%
$2,412–$2,948
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Greenwood Lake, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,410
$1,570
$2,020
$2,550
$2,680
FY 2026
$1,300
$1,470
$1,880
$2,390
$2,560
FY 2025
$1,210
$1,380
$1,770
$2,260
$2,440
FY 2024
$1,130
$1,290
$1,660
$2,110
$2,330
FY 2023
$1,030
$1,130
$1,450
$1,850
$2,050
Questions about Greenwood Lake, NY rents
How much will Section 8 pay for a two-bedroom in Greenwood Lake, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,918 to $2,344 a month; under the ZIP-level Small Area FMR of $2,020 it would be $1,818 to $2,222. 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 Greenwood Lake, NY in?
Greenwood Lake, NY is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,131.
How much did fair market rent change in Greenwood Lake, NY for FY 2027?
The two-bedroom FMR rose 7.4%, from $1,880 in FY 2026 to $2,020 in FY 2027. Since FY 2023 it has risen 39.3%.
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