FMR is below market; voucher rent may lag private rents.
0.55
1 BR
1 BR- 12592
0.73ratio
FMR$1,400
Market$1,930
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.73
2 BR
2 BR- 12592
0.77ratio
FMR$1,790
Market$2,330
vs market-$540
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 12592
0.87ratio
FMR$2,260
Market$2,610
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.87
4 BR
4 BR- 12592
0.84ratio
FMR$2,430
Market$2,910
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.84
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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Wassaic, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Wassaic, NY is $1,790 a month. That is up 4.1% from $1,720 in FY 2026. Wassaic is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. 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 $2,131. The median county two-bedroom FMR in New York is $1,385, so Wassaic is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Wassaic, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,180
$1,230
+4.2%
$1,107–$1,353
1BR
$1,350
$1,400
+3.7%
$1,260–$1,540
2BR
$1,720
$1,790
+4.1%
$1,611–$1,969
3BR
$2,190
$2,260
+3.2%
$2,034–$2,486
4BR
$2,370
$2,430
+2.5%
$2,187–$2,673
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Wassaic, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,230
$1,400
$1,790
$2,260
$2,430
FY 2026
$1,180
$1,350
$1,720
$2,190
$2,370
FY 2025
$1,120
$1,280
$1,650
$2,090
$2,310
FY 2024
$1,020
$1,170
$1,500
$1,900
$2,110
FY 2023
$940
$1,030
$1,320
$1,680
$1,870
Questions about Wassaic, NY rents
How much will Section 8 pay for a two-bedroom in Wassaic, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,918 to $2,344 a month; under the ZIP-level Small Area FMR of $1,790 it would be $1,611 to $1,969. 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 Wassaic, NY in?
Wassaic, NY is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,131.
How much did fair market rent change in Wassaic, NY for FY 2027?
The two-bedroom FMR rose 4.1%, from $1,720 in FY 2026 to $1,790 in FY 2027. Since FY 2023 it has risen 35.6%.
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