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Lewiston, NY

CitySAFMR
Niagara County
Found 1 ZIP

City Median Investment Score

76Below average

095130300
BRFMR
Eff. Rent
0 BR$1,100$1,210
1 BR$1,120$1,230
2 BR$1,330$1,460
3 BR$1,620$1,780
4 BR$1,850$2,040
5 BR$2,128Not available
6 BR$2,447Not available
7 BR$2,814Not available
8 BR$3,236Not available

Purchase Price Calculator

Maximum purchase price
$155,039

Cost breakdown

+Likely effective rent$1,460
HUD FMR$1,330
Market rent$1,970
Est. payment standard (110%)Used$1,460
-Principal and interest-$784
Loan amount$124,031
Down payment$31,008
Rate6.50%
Term30 years
-Operating costs-$476
Property taxes-$155
Insurance-$175
Utilities$0
HOA$0
Management-$146
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,565(76.0% ROI)
Projected value
$166,960
Return breakdown
Property appreciation+$11,921
Loan principal paid down+$4,444
Rental cash flow+$7,200
5-year hold
+$40,298(130.0% ROI)
Projected value
$175,412
Return breakdown
Property appreciation+$20,373
Loan principal paid down+$7,924
Rental cash flow+$12,000
10-year hold
+$86,306(278.3% ROI)
Projected value
$198,463
Return breakdown
Property appreciation+$43,424
Loan principal paid down+$18,882
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.68
1 BR
0.68
2 BR
0.68
3 BR
0.78
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lewiston, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lewiston, NY is $1,330 a month. That is up 1.5% from $1,310 in FY 2026. Lewiston is in the Buffalo-Cheektowaga, NY MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in New York is $1,385, so Lewiston is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lewiston, NY
BedroomsFY 2027Change90–110% range
Studio$1,100+1.9%$990–$1,210
1BR$1,120+0.9%$1,008–$1,232
2BR$1,330+1.5%$1,197–$1,463
3BR$1,620+1.3%$1,458–$1,782
4BR$1,850+1.6%$1,665–$2,035

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lewiston, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,100$1,120$1,330$1,620$1,850
FY 2026$1,080$1,110$1,310$1,600$1,820
FY 2025$990$1,020$1,200$1,470$1,660
FY 2024$1,000$1,040$1,220$1,490$1,680
FY 2023$930$970$1,140$1,400$1,570

Questions about Lewiston, NY rents

How much will Section 8 pay for a two-bedroom in Lewiston, NY?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,330, that basic range is $1,197 to $1,463 a month. 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 Lewiston, NY in?

Lewiston, NY is in the Buffalo-Cheektowaga, NY MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Lewiston, NY for FY 2027?

The two-bedroom FMR rose 1.5%, from $1,310 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 16.7%.

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