NY/Suffolk County/SHELTER ISLAND HEIGHTS
SHELTER ISLAND HEIGHTS, NY
CitySAFMR
Suffolk County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$2,120$2,330
1 BR$2,520$2,770
2 BR$2,910$3,200
3 BR$3,780$4,160
4 BR$4,000$4,400
5 BR$4,600
6 BR$5,290
7 BR$6,083
8 BR$6,996

Purchase Price Calculator

Maximum purchase price
$413,602

Cost breakdown

+Likely effective rent$3,200
HUD FMR$2,910
Market rent$10,350
Est. payment standard (110%)Used$3,200
Estimated payment standard is $3,200 (110% of FMR).
-Principal and interest-$2,091
Loan amount$330,882
Down payment$82,720
Rate6.50%
Term30 years
-Operating costs-$909
Property taxes-$414
Insurance-$175
Utilities$0
HOA$0
Management-$320
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,857(61.5% ROI)
Projected value
$445,404
Current value$413,602
Return breakdown
Property appreciation+$31,802
Loan principal paid down+$11,855
Rental cash flow+$7,200
5-year hold
+$87,491(105.8% ROI)
Projected value
$467,953
Current value$413,602
Return breakdown
Property appreciation+$54,351
Loan principal paid down+$21,140
Rental cash flow+$12,000
10-year hold
+$190,217(230.0% ROI)
Projected value
$529,446
Current value$413,602
Return breakdown
Property appreciation+$115,844
Loan principal paid down+$50,373
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 11965
0.52ratio
FMR$2,120
Market$4,060
vs market-$1,940

FMR is below market; voucher rent may lag private rents.

0.52
1 BR
1 BR- 11965
0.54ratio
FMR$2,520
Market$4,660
vs market-$2,140

FMR is below market; voucher rent may lag private rents.

0.54
2 BR
2 BR- 11965
0.28ratio
FMR$2,910
Market$10,350
vs market-$7,440

FMR is below market; voucher rent may lag private rents.

0.28
3 BR
3 BR- 11965
0.45ratio
FMR$3,780
Market$8,430
vs market-$4,650

FMR is below market; voucher rent may lag private rents.

0.45
4 BR
4 BR- 11965
0.29ratio
FMR$4,000
Market$13,620
vs market-$9,620

FMR is below market; voucher rent may lag private rents.

0.29
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SHELTER ISLAND HEIGHTS, NY (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

SHELTER ISLAND HEIGHTS, NY fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SHELTER ISLAND HEIGHTS, NY shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,910 and the 4 bedroom fair market rent is $4,000.

Use this page for searches like SHELTER ISLAND HEIGHTS, NY FMR, SHELTER ISLAND HEIGHTS, NY fair market rent, and SHELTER ISLAND HEIGHTS, NY Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SHELTER ISLAND HEIGHTS, NY
Bedroom sizeHUD FMR
Studio$2,120
1 bedroom$2,520
2 bedroom$2,910
3 bedroom$3,780
4 bedroom$4,000