FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 11753
0.83ratio
FMR$2,470
Market$2,980
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 11753
0.76ratio
FMR$2,910
Market$3,810
vs market-$900
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 11753
0.79ratio
FMR$3,740
Market$4,710
vs market-$970
FMR is below market; voucher rent may lag private rents.
0.79
4 BR
4 BR- 11753
0.68ratio
FMR$3,970
Market$5,870
vs market-$1,900
FMR is below market; voucher rent may lag private rents.
0.68
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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Jericho, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Jericho, NY is $2,910 a month. That is down 5.5% from $3,080 in FY 2026. Jericho 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 Jericho is 110% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Jericho, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,230
$2,130
−4.5%
$1,917–$2,343
1BR
$2,670
$2,470
−7.5%
$2,223–$2,717
2BR
$3,080
$2,910
−5.5%
$2,619–$3,201
3BR
$4,000
$3,740
−6.5%
$3,366–$4,114
4BR
$4,220
$3,970
−5.9%
$3,573–$4,367
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Jericho, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,130
$2,470
$2,910
$3,740
$3,970
FY 2026
$2,230
$2,670
$3,080
$4,000
$4,220
FY 2025
$2,090
$2,540
$2,930
$3,800
$4,070
FY 2024
$1,910
$2,400
$2,810
$3,640
$3,940
FY 2023
$1,640
$2,040
$2,450
$3,150
$3,460
Questions about Jericho, NY rents
How much will Section 8 pay for a two-bedroom in Jericho, 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 $2,910 it would be $2,619 to $3,201. 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 Jericho, NY in?
Jericho, 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 Jericho, NY for FY 2027?
The two-bedroom FMR fell 5.5%, from $3,080 in FY 2026 to $2,910 in FY 2027. Since FY 2023 it has risen 18.8%.
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