FMR is below market; voucher rent may lag private rents.
0.74
1 BR
1 BR- 11096
0.81ratio
FMR$2,150
Market$2,640
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 11096
0.72ratio
FMR$2,480
Market$3,460
vs market-$980
FMR is below market; voucher rent may lag private rents.
0.72
3 BR
3 BR- 11096
0.65ratio
FMR$3,210
Market$4,950
vs market-$1,740
FMR is below market; voucher rent may lag private rents.
0.65
4 BR
4 BR- 11096
0.49ratio
FMR$3,400
Market$6,950
vs market-$3,550
FMR is below market; voucher rent may lag private rents.
0.49
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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Inwood, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Inwood, NY is $2,480 a month. That is up 2.9% from $2,410 in FY 2026. Inwood 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 Inwood is 79% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Inwood, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,750
$1,800
+2.9%
$1,620–$1,980
1BR
$2,090
$2,150
+2.9%
$1,935–$2,365
2BR
$2,410
$2,480
+2.9%
$2,232–$2,728
3BR
$3,130
$3,210
+2.6%
$2,889–$3,531
4BR
$3,310
$3,400
+2.7%
$3,060–$3,740
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Inwood, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,800
$2,150
$2,480
$3,210
$3,400
FY 2026
$1,750
$2,090
$2,410
$3,130
$3,310
FY 2025
$1,570
$1,930
$2,260
$2,930
$3,170
FY 2024
$1,470
$1,850
$2,160
$2,800
$3,030
FY 2023
$1,330
$1,660
$1,990
$2,560
$2,810
Questions about Inwood, NY rents
How much will Section 8 pay for a two-bedroom in Inwood, 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 $2,480 it would be $2,232 to $2,728. 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 Inwood, NY in?
Inwood, 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 Inwood, NY for FY 2027?
The two-bedroom FMR rose 2.9%, from $2,410 in FY 2026 to $2,480 in FY 2027. Since FY 2023 it has risen 24.6%.
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