FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 12449
0.99ratio
FMR$1,740
Market$1,750
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 12449
0.92ratio
FMR$2,270
Market$2,470
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 12449
0.92ratio
FMR$2,760
Market$3,010
vs market-$250
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 12449
0.87ratio
FMR$2,980
Market$3,420
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.87
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
--
Lake Katrine, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lake Katrine, NY is $2,270 a month. That is up 7.1% from $2,120 in FY 2026. Lake Katrine is in the Kingston, 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 $1,878. The median county two-bedroom FMR in New York is $1,385, so Lake Katrine is 64% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lake Katrine, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,520
$1,580
+3.9%
$1,422–$1,738
1BR
$1,620
$1,740
+7.4%
$1,566–$1,914
2BR
$2,120
$2,270
+7.1%
$2,043–$2,497
3BR
$2,620
$2,760
+5.3%
$2,484–$3,036
4BR
$2,810
$2,980
+6.0%
$2,682–$3,278
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lake Katrine, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,580
$1,740
$2,270
$2,760
$2,980
FY 2026
$1,520
$1,620
$2,120
$2,620
$2,810
FY 2025
$1,520
$1,520
$2,000
$2,530
$2,740
FY 2024
$1,360
$1,380
$1,800
$2,320
$2,600
FY 2023
$1,110
$1,180
$1,530
$2,000
$2,230
Questions about Lake Katrine, NY rents
How much will Section 8 pay for a two-bedroom in Lake Katrine, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,878, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,690 to $2,066 a month; under the ZIP-level Small Area FMR of $2,270 it would be $2,043 to $2,497. 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 Lake Katrine, NY in?
Lake Katrine, NY is in the Kingston, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,878.
How much did fair market rent change in Lake Katrine, NY for FY 2027?
The two-bedroom FMR rose 7.1%, from $2,120 in FY 2026 to $2,270 in FY 2027. Since FY 2023 it has risen 48.4%.
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