FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 12475
0.71ratio
FMR$1,470
Market$2,070
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.71
2 BR
2 BR- 12475
0.67ratio
FMR$1,930
Market$2,880
vs market-$950
FMR is below market; voucher rent may lag private rents.
0.67
3 BR
3 BR- 12475
0.60ratio
FMR$2,370
Market$3,980
vs market-$1,610
FMR is below market; voucher rent may lag private rents.
0.60
4 BR
4 BR- 12475
0.65ratio
FMR$2,580
Market$3,950
vs market-$1,370
FMR is below market; voucher rent may lag private rents.
0.65
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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Ruby, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ruby, NY is $1,930 a month. That is down 7.2% from $2,080 in FY 2026. Ruby is in the Kingston, 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 $1,878. The median county two-bedroom FMR in New York is $1,385, so Ruby is 39% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ruby, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,590
$1,440
−9.4%
$1,296–$1,584
1BR
$1,590
$1,470
−7.5%
$1,323–$1,617
2BR
$2,080
$1,930
−7.2%
$1,737–$2,123
3BR
$2,630
$2,370
−9.9%
$2,133–$2,607
4BR
$2,860
$2,580
−9.8%
$2,322–$2,838
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ruby, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,440
$1,470
$1,930
$2,370
$2,580
FY 2026
$1,590
$1,590
$2,080
$2,630
$2,860
FY 2025
$1,760
$1,760
$2,310
$2,920
$3,170
FY 2024
$1,680
$1,710
$2,230
$2,880
$3,220
FY 2023
$1,480
$1,560
$2,030
$2,660
$2,960
Questions about Ruby, NY rents
How much will Section 8 pay for a two-bedroom in Ruby, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,878, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,690 to $2,066 a month; under the ZIP-level Small Area FMR of $1,930 it would be $1,737 to $2,123. 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 Ruby, NY in?
Ruby, NY is in the Kingston, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,878.
How much did fair market rent change in Ruby, NY for FY 2027?
The two-bedroom FMR fell 7.2%, from $2,080 in FY 2026 to $1,930 in FY 2027. Since FY 2023 it has fallen 4.9%.
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