FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 11413
1.12ratio
FMR$4,010
Market$3,580
vs market+$430
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 11413
1.12ratio
FMR$4,400
Market$3,920
vs market+$480
FMR is above market; underwrite to market rent.
1.12
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
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Mortgage rate
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Springfield Gardens, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Springfield Gardens, NY is $3,170 a month. That is up 1.6% from $3,120 in FY 2026. Springfield Gardens 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 Springfield Gardens is 129% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Springfield Gardens, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,710
$2,770
+2.2%
$2,493–$3,047
1BR
$2,850
$2,910
+2.1%
$2,619–$3,201
2BR
$3,120
$3,170
+1.6%
$2,853–$3,487
3BR
$3,910
$4,010
+2.6%
$3,609–$4,411
4BR
$4,240
$4,400
+3.8%
$3,960–$4,840
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Springfield Gardens, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,770
$2,910
$3,170
$4,010
$4,400
FY 2026
$2,710
$2,850
$3,120
$3,910
$4,240
FY 2025
$2,600
$2,720
$3,010
$3,750
$4,050
FY 2024
$2,380
$2,440
$2,740
$3,420
$3,680
FY 2023
$2,230
$2,280
$2,570
$3,230
$3,480
Questions about Springfield Gardens, NY rents
How much will Section 8 pay for a two-bedroom in Springfield Gardens, 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 $3,170 it would be $2,853 to $3,487. 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 Springfield Gardens, NY in?
Springfield Gardens, 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 Springfield Gardens, NY for FY 2027?
The two-bedroom FMR rose 1.6%, from $3,120 in FY 2026 to $3,170 in FY 2027. Since FY 2023 it has risen 23.3%.
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