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Peconic, NY

CitySAFMR
Suffolk County
Found 1 ZIP

City Median Investment Score

50Below average

095130300
BRFMR
Eff. Rent
0 BR$1,920$2,110
1 BR$2,230$2,450
2 BR$2,630$2,890
3 BR$3,380$3,720
4 BR$3,590$3,950
5 BR$4,129Not available
6 BR$4,748Not available
7 BR$5,460Not available
8 BR$6,279Not available

Purchase Price Calculator

Maximum purchase price
$367,536

Cost breakdown

+Likely effective rent$2,890
HUD FMR$2,630
Market rent$3,860
Est. payment standard (110%)Used$2,890
-Principal and interest-$1,858
Loan amount$294,029
Down payment$73,507
Rate6.50%
Term30 years
-Operating costs-$832
Property taxes-$368
Insurance-$175
Utilities$0
HOA$0
Management-$289
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,994(62.6% ROI)
Projected value
$395,796
Return breakdown
Property appreciation+$28,260
Loan principal paid down+$10,534
Rental cash flow+$7,200
5-year hold
+$79,083(107.6% ROI)
Projected value
$415,834
Return breakdown
Property appreciation+$48,297
Loan principal paid down+$18,786
Rental cash flow+$12,000
10-year hold
+$171,704(233.6% ROI)
Projected value
$470,478
Return breakdown
Property appreciation+$102,941
Loan principal paid down+$44,763
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.48
1 BR
0.63
2 BR
0.68
3 BR
0.66
4 BR
0.42
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Peconic, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Peconic, NY is $2,630 a month. That is down 2.6% from $2,700 in FY 2026. Peconic is in the Nassau-Suffolk, NY HUD Metro 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 metro-wide two-bedroom FMR of $2,689. The median county two-bedroom FMR in New York is $1,385, so Peconic is 90% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Peconic, NY
BedroomsFY 2027Change90–110% range
Studio$1,920−1.5%$1,728–$2,112
1BR$2,230−4.7%$2,007–$2,453
2BR$2,630−2.6%$2,367–$2,893
3BR$3,380−3.4%$3,042–$3,718
4BR$3,590−3.0%$3,231–$3,949

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Peconic, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,920$2,230$2,630$3,380$3,590
FY 2026$1,950$2,340$2,700$3,500$3,700
FY 2025$1,780$2,170$2,500$3,240$3,470
FY 2024$1,620$2,040$2,390$3,090$3,350
FY 2023$1,390$1,740$2,090$2,680$2,950

Questions about Peconic, NY rents

How much will Section 8 pay for a two-bedroom in Peconic, NY?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,689, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,420 to $2,958 a month; under the ZIP-level Small Area FMR of $2,630 it would be $2,367 to $2,893. 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 Peconic, NY in?

Peconic, NY is in the Nassau-Suffolk, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,689.

How much did fair market rent change in Peconic, NY for FY 2027?

The two-bedroom FMR fell 2.6%, from $2,700 in FY 2026 to $2,630 in FY 2027. Since FY 2023 it has risen 25.8%.

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