FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 10952
1.29ratio
FMR$2,560
Market$1,990
vs market+$570
FMR is above market; underwrite to market rent.
1.29
2 BR
2 BR- 10952
0.87ratio
FMR$2,790
Market$3,220
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 10952
0.88ratio
FMR$3,530
Market$4,020
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 10952
0.89ratio
FMR$3,870
Market$4,330
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.89
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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Monsey, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Monsey, NY is $2,790 a month. That is up 1.5% from $2,750 in FY 2026. Monsey 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 Monsey is 101% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Monsey, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,390
$2,430
+1.7%
$2,187–$2,673
1BR
$2,510
$2,560
+2.0%
$2,304–$2,816
2BR
$2,750
$2,790
+1.5%
$2,511–$3,069
3BR
$3,440
$3,530
+2.6%
$3,177–$3,883
4BR
$3,740
$3,870
+3.5%
$3,483–$4,257
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Monsey, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,430
$2,560
$2,790
$3,530
$3,870
FY 2026
$2,390
$2,510
$2,750
$3,440
$3,740
FY 2025
$2,320
$2,420
$2,680
$3,340
$3,600
FY 2024
$2,360
$2,420
$2,720
$3,390
$3,660
FY 2023
$2,170
$2,210
$2,500
$3,140
$3,380
Questions about Monsey, NY rents
How much will Section 8 pay for a two-bedroom in Monsey, 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 $2,790 it would be $2,511 to $3,069. 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 Monsey, NY in?
Monsey, 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 Monsey, NY for FY 2027?
The two-bedroom FMR rose 1.5%, from $2,750 in FY 2026 to $2,790 in FY 2027. Since FY 2023 it has risen 11.6%.
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