FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 10580
0.75ratio
FMR$5,560
Market$7,370
vs market-$1,810
FMR is below market; voucher rent may lag private rents.
0.75
4 BR
4 BR- 10580
0.59ratio
FMR$6,090
Market$10,400
vs market-$4,310
FMR is below market; voucher rent may lag private rents.
0.59
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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Rye, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rye, NY is $4,390 a month. That is up 0.5% from $4,370 in FY 2026. Rye is in the New York, 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 $2,971. The median county two-bedroom FMR in New York is $1,385, so Rye is 217% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Rye, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,800
$3,830
+0.8%
$3,447–$4,213
1BR
$3,990
$4,030
+1.0%
$3,627–$4,433
2BR
$4,370
$4,390
+0.5%
$3,951–$4,829
3BR
$5,470
$5,560
+1.6%
$5,004–$6,116
4BR
$5,950
$6,090
+2.4%
$5,481–$6,699
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Rye, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$3,830
$4,030
$4,390
$5,560
$6,090
FY 2026
$3,800
$3,990
$4,370
$5,470
$5,950
FY 2025
$3,610
$3,770
$4,170
$5,200
$5,610
FY 2024
$2,470
$2,900
$3,530
$4,330
$4,700
FY 2023
$2,150
$2,500
$3,040
$3,770
$4,170
Questions about Rye, NY rents
How much will Section 8 pay for a two-bedroom in Rye, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $4,390 it would be $3,951 to $4,829. 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 Rye, NY in?
Rye, NY is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.
How much did fair market rent change in Rye, NY for FY 2027?
The two-bedroom FMR rose 0.5%, from $4,370 in FY 2026 to $4,390 in FY 2027. Since FY 2023 it has risen 44.4%.
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