FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 12762
0.66ratio
FMR$1,050
Market$1,590
vs market-$540
FMR is below market; voucher rent may lag private rents.
0.66
2 BR
2 BR- 12762
0.72ratio
FMR$1,310
Market$1,830
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.72
3 BR
3 BR- 12762
0.78ratio
FMR$1,810
Market$2,330
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 12762
0.71ratio
FMR$1,840
Market$2,590
vs market-$750
FMR is below market; voucher rent may lag private rents.
0.71
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
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Mongaup Valley, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mongaup Valley, NY is $1,310 a month. That is down 3.7% from $1,360 in FY 2026. Mongaup Valley is in the Sullivan County, NY non-metropolitan 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 county-wide two-bedroom FMR of $1,299. The median county two-bedroom FMR in New York is $1,385, so Mongaup Valley is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mongaup Valley, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,040
$1,010
−2.9%
$909–$1,111
1BR
$1,120
$1,050
−6.2%
$945–$1,155
2BR
$1,360
$1,310
−3.7%
$1,179–$1,441
3BR
$1,890
$1,810
−4.2%
$1,629–$1,991
4BR
$1,980
$1,840
−7.1%
$1,656–$2,024
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mongaup Valley, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,050
$1,310
$1,810
$1,840
FY 2026
$1,040
$1,120
$1,360
$1,890
$1,980
FY 2025
$990
$1,100
$1,290
$1,800
$1,910
FY 2024area FMR
$789
$917
$1,078
$1,506
$1,653
FY 2023area FMR
$698
$838
$1,008
$1,341
$1,526
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Mongaup Valley, NY rents
How much will Section 8 pay for a two-bedroom in Mongaup Valley, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,299, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,169 to $1,429 a month; under the ZIP-level Small Area FMR of $1,310 it would be $1,179 to $1,441. 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 Mongaup Valley, NY in?
Mongaup Valley, NY is in the Sullivan County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,299.
How much did fair market rent change in Mongaup Valley, NY for FY 2027?
The two-bedroom FMR fell 3.7%, from $1,360 in FY 2026 to $1,310 in FY 2027. Since FY 2025 it has risen 1.6%.
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