SOUTH SALEM, NY
CitySAFMR
Westchester County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$3,190$2,330
1 BR$3,350$2,380
2 BR$3,670$3,700
3 BR$4,600$5,060
4 BR$4,990$5,490
5 BR$5,739
6 BR$6,599
7 BR$7,589
8 BR$8,728

Purchase Price Calculator

Maximum purchase price
$487,902

Cost breakdown

+Likely effective rent$3,700
HUD FMR$3,670
Market rent$3,710
Est. payment standard (101%)Used$3,700
Estimated payment standard is $3,700 (101% of FMR).
-Principal and interest-$2,467
Loan amount$390,322
Down payment$97,580
Rate6.50%
Term30 years
-Operating costs-$1,033
Property taxes-$488
Insurance-$175
Utilities$0
HOA$0
Management-$370
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$58,699(60.2% ROI)
Projected value
$525,417
Current value$487,902
Return breakdown
Property appreciation+$37,515
Loan principal paid down+$13,984
Rental cash flow+$7,200
5-year hold
+$101,052(103.6% ROI)
Projected value
$552,016
Current value$487,902
Return breakdown
Property appreciation+$64,114
Loan principal paid down+$24,938
Rental cash flow+$12,000
10-year hold
+$220,076(225.5% ROI)
Projected value
$624,556
Current value$487,902
Return breakdown
Property appreciation+$136,654
Loan principal paid down+$59,422
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

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

Studio
Studio- 10590
1.37ratio
FMR$3,190
Market$2,330
vs market+$860

FMR is above market; underwrite to market rent.

90% standard$2,871 / 1.23 ratio110% standard$3,509 / 1.51 ratio
1.37
1 BR
1 BR- 10590
1.41ratio
FMR$3,350
Market$2,380
vs market+$970

FMR is above market; underwrite to market rent.

90% standard$3,015 / 1.27 ratio110% standard$3,685 / 1.55 ratio
1.41
2 BR
2 BR- 10590
0.99ratio
FMR$3,670
Market$3,710
vs market-$40

FMR is near market; voucher and private rents are aligned.

90% standard$3,303 / 0.89 ratio110% standard$4,037 / 1.09 ratio
0.99
3 BR
3 BR- 10590
0.76ratio
FMR$4,600
Market$6,060
vs market-$1,460

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

90% standard$4,140 / 0.68 ratio110% standard$5,060 / 0.83 ratio
0.76
4 BR
4 BR- 10590
0.67ratio
FMR$4,990
Market$7,480
vs market-$2,490

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

90% standard$4,491 / 0.60 ratio110% standard$5,489 / 0.73 ratio
0.67
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 SOUTH SALEM, 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

SOUTH SALEM, NY fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SOUTH SALEM, NY shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,670 and the 4 bedroom fair market rent is $4,990.

Use this page for searches like SOUTH SALEM, NY FMR, SOUTH SALEM, NY fair market rent, and SOUTH SALEM, 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 SOUTH SALEM, NY
Bedroom sizeHUD FMR
Studio$3,190
1 bedroom$3,350
2 bedroom$3,670
3 bedroom$4,600
4 bedroom$4,990