FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 10989
1.09ratio
FMR$4,140
Market$3,790
vs market+$350
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 10989
0.97ratio
FMR$4,540
Market$4,680
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.97
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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Valley Cottage, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Valley Cottage, NY is $3,270 a month. That is down 5.5% from $3,460 in FY 2026. Valley Cottage 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 Valley Cottage is 136% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Valley Cottage, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,010
$2,850
−5.3%
$2,565–$3,135
1BR
$3,160
$3,000
−5.1%
$2,700–$3,300
2BR
$3,460
$3,270
−5.5%
$2,943–$3,597
3BR
$4,330
$4,140
−4.4%
$3,726–$4,554
4BR
$4,710
$4,540
−3.6%
$4,086–$4,994
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Valley Cottage, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,850
$3,000
$3,270
$4,140
$4,540
FY 2026
$3,010
$3,160
$3,460
$4,330
$4,710
FY 2025
$3,030
$3,160
$3,500
$4,360
$4,710
FY 2024
$3,160
$3,250
$3,650
$4,550
$4,910
FY 2023
$2,890
$2,960
$3,340
$4,200
$4,520
Questions about Valley Cottage, NY rents
How much will Section 8 pay for a two-bedroom in Valley Cottage, 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 $3,270 it would be $2,943 to $3,597. 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 Valley Cottage, NY in?
Valley Cottage, 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 Valley Cottage, NY for FY 2027?
The two-bedroom FMR fell 5.5%, from $3,460 in FY 2026 to $3,270 in FY 2027. Since FY 2023 it has fallen 2.1%.
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