FMR is near market; voucher and private rents are aligned.
0.90
1 BR
1 BR- 10928
0.94ratio
FMR$1,790
Market$1,900
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.94
2 BR
2 BR- 10928
0.87ratio
FMR$2,300
Market$2,650
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 10928
0.98ratio
FMR$2,900
Market$2,960
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 10928
0.85ratio
FMR$3,050
Market$3,590
vs market-$540
FMR is below market; voucher rent may lag private rents.
0.85
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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Highland Falls, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Highland Falls, NY is $2,300 a month. That is up 4.5% from $2,200 in FY 2026. Highland Falls 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 Highland Falls is 66% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Highland Falls, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,520
$1,600
+5.3%
$1,440–$1,760
1BR
$1,720
$1,790
+4.1%
$1,611–$1,969
2BR
$2,200
$2,300
+4.5%
$2,070–$2,530
3BR
$2,790
$2,900
+3.9%
$2,610–$3,190
4BR
$3,000
$3,050
+1.7%
$2,745–$3,355
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Highland Falls, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,600
$1,790
$2,300
$2,900
$3,050
FY 2026
$1,520
$1,720
$2,200
$2,790
$3,000
FY 2025
$1,430
$1,640
$2,090
$2,670
$2,880
FY 2024
$1,300
$1,490
$1,920
$2,440
$2,690
FY 2023
$1,160
$1,270
$1,630
$2,080
$2,300
Questions about Highland Falls, NY rents
How much will Section 8 pay for a two-bedroom in Highland Falls, 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 $2,300 it would be $2,070 to $2,530. 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 Highland Falls, NY in?
Highland Falls, 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 Highland Falls, NY for FY 2027?
The two-bedroom FMR rose 4.5%, from $2,200 in FY 2026 to $2,300 in FY 2027. Since FY 2023 it has risen 41.1%.
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