FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 12451
0.59ratio
FMR$1,060
Market$1,800
vs market-$740
FMR is below market; voucher rent may lag private rents.
0.59
2 BR
2 BR- 12451
0.55ratio
FMR$1,310
Market$2,370
vs market-$1,060
FMR is below market; voucher rent may lag private rents.
0.55
3 BR
3 BR- 12451
0.48ratio
FMR$1,710
Market$3,590
vs market-$1,880
FMR is below market; voucher rent may lag private rents.
0.48
4 BR
4 BR- 12451
0.65ratio
FMR$2,030
Market$3,120
vs market-$1,090
FMR is below market; voucher rent may lag private rents.
0.65
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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Leeds, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Leeds, NY is $1,310 a month. That is down 9.0% from $1,440 in FY 2026. Leeds is in the Greene County, NY non-metropolitan 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 county-wide two-bedroom FMR of $1,354. The median county two-bedroom FMR in New York is $1,385, so Leeds is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Leeds, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$960
−9.4%
$864–$1,056
1BR
$1,170
$1,060
−9.4%
$954–$1,166
2BR
$1,440
$1,310
−9.0%
$1,179–$1,441
3BR
$1,900
$1,710
−10.0%
$1,539–$1,881
4BR
$2,180
$2,030
−6.9%
$1,827–$2,233
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Leeds, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$1,060
$1,310
$1,710
$2,030
FY 2026
$1,060
$1,170
$1,440
$1,900
$2,180
FY 2025
$1,110
$1,160
$1,370
$1,880
$2,050
FY 2024area FMR
$926
$965
$1,155
$1,517
$1,587
FY 2023area FMR
$883
$931
$1,123
$1,407
$1,509
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Leeds, NY rents
How much will Section 8 pay for a two-bedroom in Leeds, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,354, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,219 to $1,489 a month; under the ZIP-level Small Area FMR of $1,310 it would be $1,179 to $1,441. 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 Leeds, NY in?
Leeds, NY is in the Greene County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,354.
How much did fair market rent change in Leeds, NY for FY 2027?
The two-bedroom FMR fell 9.0%, from $1,440 in FY 2026 to $1,310 in FY 2027. Since FY 2025 it has fallen 4.4%.
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