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NY/Nassau County/Massapequa Park

Massapequa Park, NY

CitySAFMR
Nassau County
Found 1 ZIP

City Median Investment Score

50Below average

095130300
BRFMR
Eff. Rent
0 BR$2,020$2,220
1 BR$2,430$2,640
2 BR$2,800$3,080
3 BR$3,630$3,990
4 BR$3,890$4,280
5 BR$4,474Not available
6 BR$5,145Not available
7 BR$5,916Not available
8 BR$6,804Not available

Purchase Price Calculator

Maximum purchase price
$395,770

Cost breakdown

+Likely effective rent$3,080
HUD FMR$2,800
Market rent$3,850
Est. payment standard (110%)Used$3,080
-Principal and interest-$2,001
Loan amount$316,616
Down payment$79,154
Rate6.50%
Term30 years
-Operating costs-$879
Property taxes-$396
Insurance-$175
Utilities$0
HOA$0
Management-$308
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$48,975(61.9% ROI)
Projected value
$426,201
Return breakdown
Property appreciation+$30,431
Loan principal paid down+$11,344
Rental cash flow+$7,200
5-year hold
+$84,236(106.4% ROI)
Projected value
$447,778
Return breakdown
Property appreciation+$52,007
Loan principal paid down+$20,229
Rental cash flow+$12,000
10-year hold
+$183,050(231.3% ROI)
Projected value
$506,619
Return breakdown
Property appreciation+$110,849
Loan principal paid down+$48,201
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.88
2 BR
0.73
3 BR
0.82
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
--

Massapequa Park, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Massapequa Park, NY is $2,800 a month. That is down 10.0% from $3,110 in FY 2026. Massapequa Park 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 Massapequa Park is 102% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Massapequa Park, NY
BedroomsFY 2027Change90–110% range
Studio$2,020−9.0%$1,818–$2,222
1BR$2,430−10.0%$2,187–$2,673
2BR$2,800−10.0%$2,520–$3,080
3BR$3,630−9.9%$3,267–$3,993
4BR$3,890−10.0%$3,501–$4,279

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Massapequa Park, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,020$2,430$2,800$3,630$3,890
FY 2026$2,220$2,700$3,110$4,030$4,320
FY 2025$2,460$2,990$3,450$4,470$4,790
FY 2024$2,310$2,900$3,390$4,390$4,760
FY 2023$2,090$2,610$3,130$4,020$4,420

Questions about Massapequa Park, NY rents

How much will Section 8 pay for a two-bedroom in Massapequa Park, 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 $2,800 it would be $2,520 to $3,080. 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 Massapequa Park, NY in?

Massapequa Park, 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 Massapequa Park, NY for FY 2027?

The two-bedroom FMR fell 10.0%, from $3,110 in FY 2026 to $2,800 in FY 2027. Since FY 2023 it has fallen 10.5%.

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