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NY/Columbia County/Old Chatham

Old Chatham, NY

CitySAFMR
Columbia County
Found 1 ZIP

City Median Investment Score

46Below average

095130300
BRFMR
Eff. Rent
0 BR$1,450$1,450
1 BR$1,500$1,500
2 BR$1,730$1,730
3 BR$2,120$2,120
4 BR$2,280$2,280
5 BR$2,622Not available
6 BR$3,015Not available
7 BR$3,468Not available
8 BR$3,988Not available

Purchase Price Calculator

Maximum purchase price
$195,161

Cost breakdown

+Likely effective rent$1,730
HUD FMRUsed$1,730
Market rentN/A
Est. payment standardN/A
-Principal and interest-$987
Loan amount$156,129
Down payment$39,032
Rate6.50%
Term30 years
-Operating costs-$543
Property taxes-$195
Insurance-$175
Utilities$0
HOA$0
Management-$173
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,800(71.2% ROI)
Projected value
$210,167
Return breakdown
Property appreciation+$15,006
Loan principal paid down+$5,594
Rental cash flow+$7,200
5-year hold
+$47,621(122.0% ROI)
Projected value
$220,807
Return breakdown
Property appreciation+$25,646
Loan principal paid down+$9,975
Rental cash flow+$12,000
10-year hold
+$102,430(262.4% ROI)
Projected value
$249,822
Return breakdown
Property appreciation+$54,662
Loan principal paid down+$23,769
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Old Chatham, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Old Chatham, NY is $1,730 a month. That is up 3.0% from $1,680 in FY 2026. Old 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 Old Chatham is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Old Chatham, NY
BedroomsFY 2027Change90–110% range
Studio$1,450−0.7%$1,305–$1,595
1BR$1,500+1.4%$1,350–$1,650
2BR$1,730+3.0%$1,557–$1,903
3BR$2,120+5.0%$1,908–$2,332
4BR$2,280+2.7%$2,052–$2,508

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Old Chatham, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,450$1,500$1,730$2,120$2,280
FY 2026$1,460$1,480$1,680$2,020$2,220
FY 2025$1,390$1,400$1,600$1,920$2,120
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 Old Chatham, NY rents

How much will Section 8 pay for a two-bedroom in Old 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 $1,730 it would be $1,557 to $1,903. 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 Old Chatham, NY in?

Old 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 Old Chatham, NY for FY 2027?

The two-bedroom FMR rose 3.0%, from $1,680 in FY 2026 to $1,730 in FY 2027. Since FY 2025 it has risen 8.1%.

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