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NY/Cattaraugus County/Westons Mills

Westons Mills, NY

CitySAFMR
Cattaraugus County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$760$840
1 BR$810$890
2 BR$1,040$1,030
3 BR$1,310$1,080
4 BR$1,470$1,100
5 BR$1,690Not available
6 BR$1,944Not available
7 BR$2,236Not available
8 BR$2,571Not available

Purchase Price Calculator

Maximum purchase price
$91,141

Cost breakdown

+Likely effective rent$1,030
HUD FMR$1,040
Market rentUsed$1,030
Est. payment standard (99%)$1,030
-Principal and interest-$461
Loan amount$72,913
Down payment$18,228
Rate6.50%
Term30 years
-Operating costs-$369
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,820(92.3% ROI)
Projected value
$98,149
Return breakdown
Property appreciation+$7,008
Loan principal paid down+$2,612
Rental cash flow+$7,200
5-year hold
+$28,635(157.1% ROI)
Projected value
$103,118
Return breakdown
Property appreciation+$11,977
Loan principal paid down+$4,658
Rental cash flow+$12,000
10-year hold
+$60,627(332.6% ROI)
Projected value
$116,668
Return breakdown
Property appreciation+$25,527
Loan principal paid down+$11,100
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.80
1 BR
0.86
2 BR
1.01
3 BR
1.21
4 BR
1.34
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Westons Mills, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Westons Mills, NY is $1,040 a month. That is unchanged from FY 2026. Westons Mills is in the Cattaraugus County, NY non-metropolitan 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 county-wide two-bedroom FMR of $1,014. The median county two-bedroom FMR in New York is $1,385, so Westons Mills is 25% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Westons Mills, NY
BedroomsFY 2027Change90–110% range
Studio$760−5.0%$684–$836
1BR$8100.0%$729–$891
2BR$1,0400.0%$936–$1,144
3BR$1,310+3.1%$1,179–$1,441
4BR$1,4700.0%$1,323–$1,617

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Westons Mills, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$760$810$1,040$1,310$1,470
FY 2026$800$810$1,040$1,270$1,470
FY 2025$750$750$970$1,190$1,370
FY 2024area FMR$705$709$905$1,138$1,291
FY 2023area FMR$653$658$826$1,068$1,180

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Westons Mills, NY rents

How much will Section 8 pay for a two-bedroom in Westons Mills, NY?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,040 it would be $936 to $1,144. 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 Westons Mills, NY in?

Westons Mills, NY is in the Cattaraugus County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.

How much did fair market rent change in Westons Mills, NY for FY 2027?

The two-bedroom FMR was unchanged at $1,040 in FY 2027. Since FY 2025 it has risen 7.2%.

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