FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 10959
0.78ratio
FMR$1,690
Market$2,180
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 10959
0.85ratio
FMR$2,170
Market$2,560
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 10959
0.94ratio
FMR$2,730
Market$2,890
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR- 10959
0.78ratio
FMR$2,880
Market$3,700
vs market-$820
FMR is below market; voucher rent may lag private rents.
0.78
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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New Milford, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Milford, NY is $2,170 a month. That is up 7.4% from $2,020 in FY 2026. New Milford 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 New Milford is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Milford, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,390
$1,510
+8.6%
$1,359–$1,661
1BR
$1,580
$1,690
+7.0%
$1,521–$1,859
2BR
$2,020
$2,170
+7.4%
$1,953–$2,387
3BR
$2,560
$2,730
+6.6%
$2,457–$3,003
4BR
$2,750
$2,880
+4.7%
$2,592–$3,168
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Milford, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,510
$1,690
$2,170
$2,730
$2,880
FY 2026
$1,390
$1,580
$2,020
$2,560
$2,750
FY 2025
$1,340
$1,530
$1,950
$2,490
$2,690
FY 2024
$1,260
$1,450
$1,860
$2,360
$2,610
FY 2023
$1,150
$1,250
$1,610
$2,050
$2,280
Questions about New Milford, NY rents
How much will Section 8 pay for a two-bedroom in New Milford, 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 $2,170 it would be $1,953 to $2,387. 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 New Milford, NY in?
New Milford, 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 New Milford, NY for FY 2027?
The two-bedroom FMR rose 7.4%, from $2,020 in FY 2026 to $2,170 in FY 2027. Since FY 2023 it has risen 34.8%.
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