Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Waterport, NY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Waterport, NY is $1,840 a month. That is down 9.8% from $2,040 in FY 2026. Waterport is in the Rochester, 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 $1,416. The median county two-bedroom FMR in New York is $1,385, so Waterport is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Waterport, NY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,450
$1,310
−9.7%
$1,179–$1,441
1BR
$1,630
$1,470
−9.8%
$1,323–$1,617
2BR
$2,040
$1,840
−9.8%
$1,656–$2,024
3BR
$2,460
$2,220
−9.8%
$1,998–$2,442
4BR
$2,700
$2,430
−10.0%
$2,187–$2,673
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Waterport, NY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,310
$1,470
$1,840
$2,220
$2,430
FY 2026
$1,450
$1,630
$2,040
$2,460
$2,700
FY 2025
$1,350
$1,520
$1,890
$2,280
$2,510
FY 2024
$1,310
$1,460
$1,820
$2,200
$2,420
FY 2023
$1,200
$1,360
$1,700
$2,070
$2,280
Questions about Waterport, NY rents
How much will Section 8 pay for a two-bedroom in Waterport, NY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,416, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,274 to $1,558 a month; under the ZIP-level Small Area FMR of $1,840 it would be $1,656 to $2,024. 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 Waterport, NY in?
Waterport, NY is in the Rochester, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,416.
How much did fair market rent change in Waterport, NY for FY 2027?
The two-bedroom FMR fell 9.8%, from $2,040 in FY 2026 to $1,840 in FY 2027. Since FY 2023 it has risen 8.2%.
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