FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 11780
0.82ratio
FMR$2,290
Market$2,780
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 11780
0.77ratio
FMR$2,690
Market$3,500
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 11780
0.83ratio
FMR$3,460
Market$4,150
vs market-$690
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 11780
0.74ratio
FMR$3,670
Market$4,990
vs market-$1,320
FMR is below market; voucher rent may lag private rents.
0.74
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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Saint James, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saint James, NY is $2,690 a month. That is unchanged from FY 2026. Saint James 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 Saint James is 94% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saint James, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,950
$1,960
+0.5%
$1,764–$2,156
1BR
$2,330
$2,290
−1.7%
$2,061–$2,519
2BR
$2,690
$2,690
0.0%
$2,421–$2,959
3BR
$3,490
$3,460
−0.9%
$3,114–$3,806
4BR
$3,690
$3,670
−0.5%
$3,303–$4,037
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saint James, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,960
$2,290
$2,690
$3,460
$3,670
FY 2026
$1,950
$2,330
$2,690
$3,490
$3,690
FY 2025
$1,750
$2,120
$2,450
$3,180
$3,400
FY 2024
$1,670
$2,090
$2,450
$3,170
$3,440
FY 2023
$1,560
$1,940
$2,330
$2,990
$3,290
Questions about Saint James, NY rents
How much will Section 8 pay for a two-bedroom in Saint James, 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 $2,690 it would be $2,421 to $2,959. 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 Saint James, NY in?
Saint James, 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 Saint James, NY for FY 2027?
The two-bedroom FMR was unchanged at $2,690 in FY 2027. Since FY 2023 it has risen 15.5%.
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