FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 11378
1.13ratio
FMR$4,070
Market$3,610
vs market+$460
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 11378
1.34ratio
FMR$4,470
Market$3,340
vs market+$1,130
FMR is above market; underwrite to market rent.
1.34
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
--
Maspeth, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Maspeth, NY is $3,220 a month. That is up 4.2% from $3,090 in FY 2026. Maspeth is in the New York, 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 $2,971. The median county two-bedroom FMR in New York is $1,385, so Maspeth is 132% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Maspeth, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,690
$2,810
+4.5%
$2,529–$3,091
1BR
$2,820
$2,960
+5.0%
$2,664–$3,256
2BR
$3,090
$3,220
+4.2%
$2,898–$3,542
3BR
$3,870
$4,070
+5.2%
$3,663–$4,477
4BR
$4,200
$4,470
+6.4%
$4,023–$4,917
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Maspeth, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,810
$2,960
$3,220
$4,070
$4,470
FY 2026
$2,690
$2,820
$3,090
$3,870
$4,200
FY 2025
$2,480
$2,590
$2,870
$3,580
$3,860
FY 2024
$2,480
$2,550
$2,860
$3,570
$3,850
FY 2023
$2,330
$2,380
$2,690
$3,380
$3,640
Questions about Maspeth, NY rents
How much will Section 8 pay for a two-bedroom in Maspeth, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $3,220 it would be $2,898 to $3,542. 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 Maspeth, NY in?
Maspeth, NY is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.
How much did fair market rent change in Maspeth, NY for FY 2027?
The two-bedroom FMR rose 4.2%, from $3,090 in FY 2026 to $3,220 in FY 2027. Since FY 2023 it has risen 19.7%.
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