FMR is below market; voucher rent may lag private rents.
0.64
1 BR
1 BR- 14144
0.60ratio
FMR$1,050
Market$1,740
vs market-$690
FMR is below market; voucher rent may lag private rents.
0.60
2 BR
2 BR- 14144
0.66ratio
FMR$1,240
Market$1,890
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR- 14144
0.72ratio
FMR$1,510
Market$2,090
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.72
4 BR
4 BR- 14144
0.79ratio
FMR$1,720
Market$2,170
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.79
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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Stella Niagara, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Stella Niagara, NY is $1,240 a month. That is up 5.1% from $1,180 in FY 2026. Stella Niagara is in the Buffalo-Cheektowaga, NY MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in New York is $1,385, so Stella Niagara is 10% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Stella Niagara, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$1,030
+6.2%
$927–$1,133
1BR
$1,000
$1,050
+5.0%
$945–$1,155
2BR
$1,180
$1,240
+5.1%
$1,116–$1,364
3BR
$1,440
$1,510
+4.9%
$1,359–$1,661
4BR
$1,640
$1,720
+4.9%
$1,548–$1,892
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Stella Niagara, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,050
$1,240
$1,510
$1,720
FY 2026
$970
$1,000
$1,180
$1,440
$1,640
FY 2025
$860
$900
$1,050
$1,290
$1,450
FY 2024
$840
$880
$1,030
$1,260
$1,420
FY 2023
$770
$810
$950
$1,160
$1,310
Questions about Stella Niagara, NY rents
How much will Section 8 pay for a two-bedroom in Stella Niagara, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,240, that basic range is $1,116 to $1,364 a month. 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 Stella Niagara, NY in?
Stella Niagara, NY is in the Buffalo-Cheektowaga, NY MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Stella Niagara, NY for FY 2027?
The two-bedroom FMR rose 5.1%, from $1,180 in FY 2026 to $1,240 in FY 2027. Since FY 2023 it has risen 30.5%.
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