FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR- 12561
0.99ratio
FMR$1,640
Market$1,650
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 12561
0.85ratio
FMR$2,150
Market$2,520
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 12561
0.92ratio
FMR$2,610
Market$2,830
vs market-$220
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 12561
0.90ratio
FMR$2,830
Market$3,160
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.90
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
--
New Paltz, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Paltz, NY is $2,150 a month. That is up 1.4% from $2,120 in FY 2026. New Paltz is in the Kingston, 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 $1,878. The median county two-bedroom FMR in New York is $1,385, so New Paltz is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Paltz, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,520
$1,500
−1.3%
$1,350–$1,650
1BR
$1,620
$1,640
+1.2%
$1,476–$1,804
2BR
$2,120
$2,150
+1.4%
$1,935–$2,365
3BR
$2,620
$2,610
−0.4%
$2,349–$2,871
4BR
$2,810
$2,830
+0.7%
$2,547–$3,113
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Paltz, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,500
$1,640
$2,150
$2,610
$2,830
FY 2026
$1,520
$1,620
$2,120
$2,620
$2,810
FY 2025
$1,580
$1,580
$2,070
$2,620
$2,840
FY 2024
$1,490
$1,510
$1,970
$2,540
$2,850
FY 2023
$1,260
$1,340
$1,740
$2,280
$2,540
Questions about New Paltz, NY rents
How much will Section 8 pay for a two-bedroom in New Paltz, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,878, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,690 to $2,066 a month; under the ZIP-level Small Area FMR of $2,150 it would be $1,935 to $2,365. 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 Paltz, NY in?
New Paltz, NY is in the Kingston, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,878.
How much did fair market rent change in New Paltz, NY for FY 2027?
The two-bedroom FMR rose 1.4%, from $2,120 in FY 2026 to $2,150 in FY 2027. Since FY 2023 it has risen 23.6%.
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