For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Nedrow, NY is $2,180 a month. That is up 39.7% from $1,560 in FY 2026. Nedrow is in the Syracuse, 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 $1,493. The median county two-bedroom FMR in New York is $1,385, so Nedrow is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Nedrow, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,120
$1,530
+36.6%
$1,377–$1,683
1BR
$1,260
$1,750
+38.9%
$1,575–$1,925
2BR
$1,560
$2,180
+39.7%
$1,962–$2,398
3BR
$1,900
$2,640
+38.9%
$2,376–$2,904
4BR
$2,070
$2,870
+38.6%
$2,583–$3,157
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Nedrow, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,530
$1,750
$2,180
$2,640
$2,870
FY 2026
$1,120
$1,260
$1,560
$1,900
$2,070
FY 2025
$1,030
$1,140
$1,410
$1,730
$1,950
FY 2024
$860
$950
$1,170
$1,430
$1,660
FY 2023
$830
$930
$1,140
$1,410
$1,630
Questions about Nedrow, NY rents
How much will Section 8 pay for a two-bedroom in Nedrow, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,493, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,344 to $1,642 a month; under the ZIP-level Small Area FMR of $2,180 it would be $1,962 to $2,398. 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 Nedrow, NY in?
Nedrow, NY is in the Syracuse, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,493.
How much did fair market rent change in Nedrow, NY for FY 2027?
The two-bedroom FMR rose 39.7%, from $1,560 in FY 2026 to $2,180 in FY 2027. Since FY 2023 it has risen 91.2%.
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