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NY/Queens County/Middle Village

Middle Village, NY

CitySAFMR
Queens County
Found 1 ZIP

City Median Investment Score

71Below average

095130300
BRFMR
Eff. Rent
0 BR$2,980$2,470
1 BR$3,140$2,570
2 BR$3,420$3,220
3 BR$4,330$3,650
4 BR$4,740$4,380
5 BR$5,451Not available
6 BR$6,269Not available
7 BR$7,209Not available
8 BR$8,290Not available

Purchase Price Calculator

Maximum purchase price
$416,574

Cost breakdown

+Likely effective rent$3,220
HUD FMR$3,420
Market rentUsed$3,220
Est. payment standard (96%)$3,290
-Principal and interest-$2,106
Loan amount$333,259
Down payment$83,315
Rate6.50%
Term30 years
-Operating costs-$914
Property taxes-$417
Insurance-$175
Utilities$0
HOA$0
Management-$322
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,171(61.4% ROI)
Projected value
$448,605
Return breakdown
Property appreciation+$32,031
Loan principal paid down+$11,940
Rental cash flow+$7,200
5-year hold
+$88,033(105.7% ROI)
Projected value
$471,315
Return breakdown
Property appreciation+$54,741
Loan principal paid down+$21,292
Rental cash flow+$12,000
10-year hold
+$191,411(229.7% ROI)
Projected value
$533,250
Return breakdown
Property appreciation+$116,676
Loan principal paid down+$50,735
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.21
1 BR
1.22
2 BR
1.06
3 BR
1.19
4 BR
1.08
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Middle Village, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Middle Village, NY is $3,420 a month. That is up 5.6% from $3,240 in FY 2026. Middle Village 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 Middle Village is 147% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Middle Village, NY
BedroomsFY 2027Change90–110% range
Studio$2,980+5.7%$2,682–$3,278
1BR$3,140+6.1%$2,826–$3,454
2BR$3,420+5.6%$3,078–$3,762
3BR$4,330+6.7%$3,897–$4,763
4BR$4,740+7.5%$4,266–$5,214

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Middle Village, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,980$3,140$3,420$4,330$4,740
FY 2026$2,820$2,960$3,240$4,060$4,410
FY 2025$2,540$2,660$2,940$3,660$3,950
FY 2024$2,550$2,620$2,940$3,670$3,950
FY 2023$2,380$2,430$2,750$3,450$3,720

Questions about Middle Village, NY rents

How much will Section 8 pay for a two-bedroom in Middle Village, 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 $3,420 it would be $3,078 to $3,762. 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 Middle Village, NY in?

Middle Village, 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 Middle Village, NY for FY 2027?

The two-bedroom FMR rose 5.6%, from $3,240 in FY 2026 to $3,420 in FY 2027. Since FY 2023 it has risen 24.4%.

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