NY/Nassau County/MILL NECK
MILL NECK, NY
CitySAFMR
Nassau County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$2,080$2,290
1 BR$2,610$2,870
2 BR$3,060$3,370
3 BR$3,960$4,360
4 BR$4,290$4,720
5 BR$4,934
6 BR$5,674
7 BR$6,525
8 BR$7,503

Purchase Price Calculator

Maximum purchase price
$438,864

Cost breakdown

+Likely effective rent$3,370
HUD FMR$3,060
Market rent$3,660
Est. payment standard (110%)Used$3,370
Estimated payment standard is $3,370 (110% of FMR).
-Principal and interest-$2,219
Loan amount$351,091
Down payment$87,773
Rate6.50%
Term30 years
-Operating costs-$951
Property taxes-$439
Insurance-$175
Utilities$0
HOA$0
Management-$337
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,523(61.0% ROI)
Projected value
$472,609
Current value$438,864
Return breakdown
Property appreciation+$33,745
Loan principal paid down+$12,579
Rental cash flow+$7,200
5-year hold
+$92,102(104.9% ROI)
Projected value
$496,534
Current value$438,864
Return breakdown
Property appreciation+$57,670
Loan principal paid down+$22,431
Rental cash flow+$12,000
10-year hold
+$200,369(228.3% ROI)
Projected value
$561,783
Current value$438,864
Return breakdown
Property appreciation+$122,919
Loan principal paid down+$53,450
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 11765
0.78ratio
FMR$2,080
Market$2,670
vs market-$590

FMR is below market; voucher rent may lag private rents.

90% standard$1,872 / 0.70 ratio110% standard$2,288 / 0.86 ratio
0.78
1 BR
1 BR- 11765
0.84ratio
FMR$2,610
Market$3,100
vs market-$490

FMR is below market; voucher rent may lag private rents.

90% standard$2,349 / 0.76 ratio110% standard$2,871 / 0.93 ratio
0.84
2 BR
2 BR- 11765
0.84ratio
FMR$3,060
Market$3,660
vs market-$600

FMR is below market; voucher rent may lag private rents.

90% standard$2,754 / 0.75 ratio110% standard$3,366 / 0.92 ratio
0.84
3 BR
3 BR- 11765
0.82ratio
FMR$3,960
Market$4,850
vs market-$890

FMR is below market; voucher rent may lag private rents.

90% standard$3,564 / 0.73 ratio110% standard$4,356 / 0.90 ratio
0.82
4 BR
4 BR- 11765
0.68ratio
FMR$4,290
Market$6,270
vs market-$1,980

FMR is below market; voucher rent may lag private rents.

90% standard$3,861 / 0.62 ratio110% standard$4,719 / 0.75 ratio
0.68
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for MILL NECK, NY (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

MILL NECK, NY fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MILL NECK, NY shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,060 and the 4 bedroom fair market rent is $4,290.

Use this page for searches like MILL NECK, NY FMR, MILL NECK, NY fair market rent, and MILL NECK, NY Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for MILL NECK, NY
Bedroom sizeHUD FMR
Studio$2,080
1 bedroom$2,610
2 bedroom$3,060
3 bedroom$3,960
4 bedroom$4,290