FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 12132
0.67ratio
FMR$1,170
Market$1,740
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR- 12132
0.60ratio
FMR$1,360
Market$2,280
vs market-$920
FMR is below market; voucher rent may lag private rents.
0.60
3 BR
3 BR- 12132
0.61ratio
FMR$1,650
Market$2,720
vs market-$1,070
FMR is below market; voucher rent may lag private rents.
0.61
4 BR
4 BR- 12132
0.70ratio
FMR$1,790
Market$2,540
vs market-$750
FMR is below market; voucher rent may lag private rents.
0.70
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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North Chatham, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in North Chatham, NY is $1,360 a month. That is up 1.5% from $1,340 in FY 2026. North Chatham is in the Columbia County, NY non-metropolitan 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 county-wide two-bedroom FMR of $1,503. The median county two-bedroom FMR in New York is $1,385, so North Chatham is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for North Chatham, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,120
$1,130
+0.9%
$1,017–$1,243
1BR
$1,160
$1,170
+0.9%
$1,053–$1,287
2BR
$1,340
$1,360
+1.5%
$1,224–$1,496
3BR
$1,610
$1,650
+2.5%
$1,485–$1,815
4BR
$1,770
$1,790
+1.1%
$1,611–$1,969
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for North Chatham, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,170
$1,360
$1,650
$1,790
FY 2026
$1,120
$1,160
$1,340
$1,610
$1,770
FY 2025
$1,060
$1,080
$1,250
$1,510
$1,660
FY 2024area FMR
$1,032
$1,042
$1,190
$1,439
$1,585
FY 2023area FMR
$913
$952
$1,107
$1,392
$1,487
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about North Chatham, NY rents
How much will Section 8 pay for a two-bedroom in North Chatham, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,503, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,353 to $1,653 a month; under the ZIP-level Small Area FMR of $1,360 it would be $1,224 to $1,496. 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 North Chatham, NY in?
North Chatham, NY is in the Columbia County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,503.
How much did fair market rent change in North Chatham, NY for FY 2027?
The two-bedroom FMR rose 1.5%, from $1,340 in FY 2026 to $1,360 in FY 2027. Since FY 2025 it has risen 8.8%.
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