FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR- 11423
0.83ratio
FMR$2,690
Market$3,240
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 11423
0.79ratio
FMR$3,400
Market$4,300
vs market-$900
FMR is below market; voucher rent may lag private rents.
0.79
4 BR
4 BR- 11423
0.70ratio
FMR$3,730
Market$5,310
vs market-$1,580
FMR is below market; voucher rent may lag private rents.
0.70
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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Hollis, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hollis, NY is $2,690 a month. That is up 3.5% from $2,600 in FY 2026. Hollis is in the New York, 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 $2,971. The median county two-bedroom FMR in New York is $1,385, so Hollis is 94% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Hollis, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,260
$2,350
+4.0%
$2,115–$2,585
1BR
$2,370
$2,470
+4.2%
$2,223–$2,717
2BR
$2,600
$2,690
+3.5%
$2,421–$2,959
3BR
$3,260
$3,400
+4.3%
$3,060–$3,740
4BR
$3,540
$3,730
+5.4%
$3,357–$4,103
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Hollis, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,350
$2,470
$2,690
$3,400
$3,730
FY 2026
$2,260
$2,370
$2,600
$3,260
$3,540
FY 2025
$2,150
$2,230
$2,480
$3,100
$3,330
FY 2024
$2,120
$2,180
$2,450
$3,060
$3,290
FY 2023
$1,930
$1,970
$2,230
$2,800
$3,020
Questions about Hollis, NY rents
How much will Section 8 pay for a two-bedroom in Hollis, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $2,690 it would be $2,421 to $2,959. 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 Hollis, NY in?
Hollis, NY is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.
How much did fair market rent change in Hollis, NY for FY 2027?
The two-bedroom FMR rose 3.5%, from $2,600 in FY 2026 to $2,690 in FY 2027. Since FY 2023 it has risen 20.6%.
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