FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 11901
0.84ratio
FMR$2,180
Market$2,610
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 11901
0.52ratio
FMR$2,570
Market$4,910
vs market-$2,340
FMR is below market; voucher rent may lag private rents.
0.52
3 BR
3 BR- 11901
0.35ratio
FMR$3,310
Market$9,370
vs market-$6,060
FMR is below market; voucher rent may lag private rents.
0.35
4 BR
4 BR- 11901
0.34ratio
FMR$3,510
Market$10,300
vs market-$6,790
FMR is below market; voucher rent may lag private rents.
0.34
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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Riverhead, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Riverhead, NY is $2,570 a month. That is down 0.4% from $2,580 in FY 2026. Riverhead 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 Riverhead is 86% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Riverhead, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,870
$1,880
+0.5%
$1,692–$2,068
1BR
$2,230
$2,180
−2.2%
$1,962–$2,398
2BR
$2,580
$2,570
−0.4%
$2,313–$2,827
3BR
$3,350
$3,310
−1.2%
$2,979–$3,641
4BR
$3,540
$3,510
−0.8%
$3,159–$3,861
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Riverhead, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,880
$2,180
$2,570
$3,310
$3,510
FY 2026
$1,870
$2,230
$2,580
$3,350
$3,540
FY 2025
$1,660
$2,010
$2,320
$3,010
$3,220
FY 2024
$1,500
$1,880
$2,200
$2,850
$3,090
FY 2023
$1,320
$1,640
$1,970
$2,530
$2,780
Questions about Riverhead, NY rents
How much will Section 8 pay for a two-bedroom in Riverhead, 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 $2,570 it would be $2,313 to $2,827. 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 Riverhead, NY in?
Riverhead, 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 Riverhead, NY for FY 2027?
The two-bedroom FMR fell 0.4%, from $2,580 in FY 2026 to $2,570 in FY 2027. Since FY 2023 it has risen 30.5%.
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