FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 12549
0.88ratio
FMR$1,680
Market$1,900
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR- 12549
0.92ratio
FMR$2,160
Market$2,360
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 12549
1.10ratio
FMR$2,720
Market$2,470
vs market+$250
FMR is above market; underwrite to market rent.
1.10
4 BR
4 BR- 12549
0.93ratio
FMR$2,860
Market$3,070
vs market-$210
FMR is near market; voucher and private rents are aligned.
0.93
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
--
Montgomery, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Montgomery, NY is $2,160 a month. That is up 5.9% from $2,040 in FY 2026. Montgomery is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. 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 $2,131. The median county two-bedroom FMR in New York is $1,385, so Montgomery is 56% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Montgomery, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,410
$1,500
+6.4%
$1,350–$1,650
1BR
$1,600
$1,680
+5.0%
$1,512–$1,848
2BR
$2,040
$2,160
+5.9%
$1,944–$2,376
3BR
$2,590
$2,720
+5.0%
$2,448–$2,992
4BR
$2,780
$2,860
+2.9%
$2,574–$3,146
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Montgomery, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,500
$1,680
$2,160
$2,720
$2,860
FY 2026
$1,410
$1,600
$2,040
$2,590
$2,780
FY 2025
$1,360
$1,560
$1,990
$2,540
$2,750
FY 2024
$1,300
$1,490
$1,920
$2,440
$2,690
FY 2023
$1,200
$1,310
$1,680
$2,140
$2,380
Questions about Montgomery, NY rents
How much will Section 8 pay for a two-bedroom in Montgomery, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,918 to $2,344 a month; under the ZIP-level Small Area FMR of $2,160 it would be $1,944 to $2,376. 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 Montgomery, NY in?
Montgomery, NY is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,131.
How much did fair market rent change in Montgomery, NY for FY 2027?
The two-bedroom FMR rose 5.9%, from $2,040 in FY 2026 to $2,160 in FY 2027. Since FY 2023 it has risen 28.6%.
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