FMR is near market; voucher and private rents are aligned.
1.02
1 BR
1 BR- 10588
1.01ratio
FMR$2,390
Market$2,370
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 10588
0.78ratio
FMR$2,620
Market$3,370
vs market-$750
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 10588
0.84ratio
FMR$3,280
Market$3,890
vs market-$610
FMR is below market; voucher rent may lag private rents.
0.84
4 BR
4 BR- 10588
0.68ratio
FMR$3,570
Market$5,240
vs market-$1,670
FMR is below market; voucher rent may lag private rents.
0.68
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
--
Shrub Oak, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Shrub Oak, NY is $2,620 a month. That is up 4.4% from $2,510 in FY 2026. Shrub Oak 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 Shrub Oak is 89% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Shrub Oak, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,170
$2,280
+5.1%
$2,052–$2,508
1BR
$2,260
$2,390
+5.8%
$2,151–$2,629
2BR
$2,510
$2,620
+4.4%
$2,358–$2,882
3BR
$3,120
$3,280
+5.1%
$2,952–$3,608
4BR
$3,370
$3,570
+5.9%
$3,213–$3,927
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Shrub Oak, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,280
$2,390
$2,620
$3,280
$3,570
FY 2026
$2,170
$2,260
$2,510
$3,120
$3,370
FY 2025
$2,320
$2,420
$2,680
$3,340
$3,600
FY 2024
$1,920
$1,980
$2,410
$2,960
$3,210
FY 2023
$1,820
$1,850
$2,230
$2,770
$3,060
Questions about Shrub Oak, NY rents
How much will Section 8 pay for a two-bedroom in Shrub Oak, 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 $2,620 it would be $2,358 to $2,882. 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 Shrub Oak, NY in?
Shrub Oak, 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 Shrub Oak, NY for FY 2027?
The two-bedroom FMR rose 4.4%, from $2,510 in FY 2026 to $2,620 in FY 2027. Since FY 2023 it has risen 17.5%.
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