FMR is near market; voucher and private rents are aligned.
1.08
3 BR
3 BR- 11414
1.18ratio
FMR$4,050
Market$3,420
vs market+$630
FMR is above market; underwrite to market rent.
1.18
4 BR
4 BR- 11414
1.22ratio
FMR$4,440
Market$3,650
vs market+$790
FMR is above market; underwrite to market rent.
1.22
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Howard Beach, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Howard Beach, NY is $3,200 a month. That is up 3.6% from $3,090 in FY 2026. Howard Beach 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 Howard Beach is 131% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Howard Beach, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,690
$2,790
+3.7%
$2,511–$3,069
1BR
$2,820
$2,940
+4.3%
$2,646–$3,234
2BR
$3,090
$3,200
+3.6%
$2,880–$3,520
3BR
$3,870
$4,050
+4.7%
$3,645–$4,455
4BR
$4,200
$4,440
+5.7%
$3,996–$4,884
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Howard Beach, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,790
$2,940
$3,200
$4,050
$4,440
FY 2026
$2,690
$2,820
$3,090
$3,870
$4,200
FY 2025
$2,530
$2,640
$2,920
$3,640
$3,930
FY 2024
$2,460
$2,530
$2,840
$3,540
$3,820
FY 2023
$2,210
$2,260
$2,550
$3,200
$3,450
Questions about Howard Beach, NY rents
How much will Section 8 pay for a two-bedroom in Howard Beach, 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 $3,200 it would be $2,880 to $3,520. 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 Howard Beach, NY in?
Howard Beach, 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 Howard Beach, NY for FY 2027?
The two-bedroom FMR rose 3.6%, from $3,090 in FY 2026 to $3,200 in FY 2027. Since FY 2023 it has risen 25.5%.
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