FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 12571
0.62ratio
FMR$1,460
Market$2,340
vs market-$880
FMR is below market; voucher rent may lag private rents.
0.62
2 BR
2 BR- 12571
0.67ratio
FMR$1,870
Market$2,780
vs market-$910
FMR is below market; voucher rent may lag private rents.
0.67
3 BR
3 BR- 12571
0.60ratio
FMR$2,350
Market$3,910
vs market-$1,560
FMR is below market; voucher rent may lag private rents.
0.60
4 BR
4 BR- 12571
0.55ratio
FMR$2,480
Market$4,470
vs market-$1,990
FMR is below market; voucher rent may lag private rents.
0.55
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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Red Hook, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Red Hook, NY is $1,870 a month. That is up 5.6% from $1,770 in FY 2026. Red Hook 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 Red Hook is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Red Hook, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,320
+5.6%
$1,188–$1,452
1BR
$1,400
$1,460
+4.3%
$1,314–$1,606
2BR
$1,770
$1,870
+5.6%
$1,683–$2,057
3BR
$2,240
$2,350
+4.9%
$2,115–$2,585
4BR
$2,410
$2,480
+2.9%
$2,232–$2,728
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Red Hook, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,320
$1,460
$1,870
$2,350
$2,480
FY 2026
$1,250
$1,400
$1,770
$2,240
$2,410
FY 2025
$1,220
$1,380
$1,750
$2,230
$2,410
FY 2024
$1,140
$1,310
$1,680
$2,130
$2,360
FY 2023
$1,060
$1,160
$1,490
$1,900
$2,110
Questions about Red Hook, NY rents
How much will Section 8 pay for a two-bedroom in Red Hook, 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 $1,870 it would be $1,683 to $2,057. 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 Red Hook, NY in?
Red Hook, 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 Red Hook, NY for FY 2027?
The two-bedroom FMR rose 5.6%, from $1,770 in FY 2026 to $1,870 in FY 2027. Since FY 2023 it has risen 25.5%.
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