New York (NY)

STATESAFMR

Found 2079 ZIPs

State Median Investment Score

72Below average

095130300

BR	Rent	3Y CAGR
0 BR	$706 - $2,593Median: $1,066	3.9%
1 BR	$775 - $2,729Median: $1,196	3.6%
2 BR	$1,010 - $2,971Median: $1,493	3.9%
3 BR	$1,209 - $3,760Median: $1,808	3.1%
4 BR	$1,368 - $4,121Median: $1,975	3.7%

Market Alignment

Studio

Studio- 183 ZIPs

0.17-0.64ratio range

Median FMR$1,484

Median Market$2,880

vs market-$1,396

FMR is below market; voucher rent may lag private rents.

183

Studio- 95 ZIPs

0.64-0.68ratio range

Median FMR$2,593

Median Market$3,880

vs market-$1,287

FMR is below market; voucher rent may lag private rents.

Studio- 73 ZIPs

0.69-0.73ratio range

Median FMR$1,484

Median Market$2,090

vs market-$606

FMR is below market; voucher rent may lag private rents.

Studio- 87 ZIPs

0.73-0.77ratio range

Median FMR$1,259

Median Market$1,680

vs market-$421

FMR is below market; voucher rent may lag private rents.

Studio- 96 ZIPs

0.77-0.81ratio range

Median FMR$1,050

Median Market$1,345

vs market-$295

FMR is below market; voucher rent may lag private rents.

Studio- 83 ZIPs

0.81-0.86ratio range

Median FMR$1,484

Median Market$1,740

vs market-$256

FMR is below market; voucher rent may lag private rents.

Studio- 98 ZIPs

0.86-0.90ratio range

Median FMR$1,964

Median Market$2,190

vs market-$226

FMR is below market; voucher rent may lag private rents.

Studio- 66 ZIPs

0.90-0.94ratio range

Median FMR$1,964

Median Market$2,120

vs market-$156

FMR is near market; voucher and private rents are aligned.

Studio- 60 ZIPs

0.94-0.98ratio range

Median FMR$1,238

Median Market$1,300

vs market-$62

FMR is near market; voucher and private rents are aligned.

Studio- 47 ZIPs

0.98-1.02ratio range

Median FMR$1,238

Median Market$1,260

vs market-$22

FMR is near market; voucher and private rents are aligned.

Studio- 40 ZIPs

1.02-1.06ratio range

Median FMR$2,279

Median Market$2,175

vs market+$104

FMR is near market; voucher and private rents are aligned.

Studio- 36 ZIPs

1.06-1.10ratio range

Median FMR$2,593

Median Market$2,380

vs market+$213

FMR is near market; voucher and private rents are aligned.

Studio- 39 ZIPs

1.10-1.15ratio range

Median FMR$2,593

Median Market$2,300

vs market+$293

FMR is above market; underwrite to market rent.

Studio- 51 ZIPs

1.15-1.19ratio range

Median FMR$2,593

Median Market$2,210

vs market+$383

FMR is above market; underwrite to market rent.

Studio- 33 ZIPs

1.20-1.25ratio range

Median FMR$2,593

Median Market$2,100

vs market+$493

FMR is above market; underwrite to market rent.

Studio- 23 ZIPs

1.25-1.30ratio range

Median FMR$2,593

Median Market$2,040

vs market+$553

FMR is above market; underwrite to market rent.

Studio- 16 ZIPs

1.30-1.34ratio range

Median FMR$2,593

Median Market$1,965

vs market+$628

FMR is above market; underwrite to market rent.

Studio- 32 ZIPs

1.35-1.64ratio range

Median FMR$2,593

Median Market$1,770

vs market+$823

FMR is above market; underwrite to market rent.

0.17-1.64

1 BR

1 BR- 212 ZIPs

0.17-0.64ratio range

Median FMR$2,729

Median Market$4,410

vs market-$1,681

FMR is below market; voucher rent may lag private rents.

212

1 BR- 59 ZIPs

0.64-0.68ratio range

Median FMR$1,131

Median Market$1,690

vs market-$559

FMR is below market; voucher rent may lag private rents.

1 BR- 65 ZIPs

0.69-0.73ratio range

Median FMR$1,131

Median Market$1,630

vs market-$499

FMR is below market; voucher rent may lag private rents.

1 BR- 76 ZIPs

0.73-0.77ratio range

Median FMR$1,330

Median Market$1,785

vs market-$455

FMR is below market; voucher rent may lag private rents.

1 BR- 95 ZIPs

0.77-0.81ratio range

Median FMR$1,659

Median Market$2,050

vs market-$391

FMR is below market; voucher rent may lag private rents.

1 BR- 79 ZIPs

0.82-0.86ratio range

Median FMR$1,436

Median Market$1,750

vs market-$314

FMR is below market; voucher rent may lag private rents.

1 BR- 92 ZIPs

0.86-0.90ratio range

Median FMR$1,659

Median Market$1,855

vs market-$196

FMR is below market; voucher rent may lag private rents.

1 BR- 74 ZIPs

0.90-0.94ratio range

Median FMR$2,285

Median Market$2,450

vs market-$165

FMR is near market; voucher and private rents are aligned.

1 BR- 61 ZIPs

0.94-0.98ratio range

Median FMR$2,285

Median Market$2,400

vs market-$115

FMR is near market; voucher and private rents are aligned.

1 BR- 62 ZIPs

0.98-1.02ratio range

Median FMR$2,285

Median Market$2,255

vs market+$30

FMR is near market; voucher and private rents are aligned.

1 BR- 71 ZIPs

1.02-1.06ratio range

Median FMR$2,729

Median Market$2,590

vs market+$139

FMR is near market; voucher and private rents are aligned.

1 BR- 45 ZIPs

1.06-1.10ratio range

Median FMR$2,729

Median Market$2,490

vs market+$239

FMR is near market; voucher and private rents are aligned.

1 BR- 54 ZIPs

1.10-1.15ratio range

Median FMR$2,729

Median Market$2,400

vs market+$329

FMR is above market; underwrite to market rent.

1 BR- 29 ZIPs

1.15-1.20ratio range

Median FMR$2,729

Median Market$2,330

vs market+$399

FMR is above market; underwrite to market rent.

1 BR- 14 ZIPs

1.21-1.25ratio range

Median FMR$2,729

Median Market$2,210

vs market+$519

FMR is above market; underwrite to market rent.

1 BR- 26 ZIPs

1.25-1.30ratio range

Median FMR$2,729

Median Market$2,130

vs market+$599

FMR is above market; underwrite to market rent.

1 BR- 13 ZIPs

1.31-1.34ratio range

Median FMR$2,729

Median Market$2,070

vs market+$659

FMR is above market; underwrite to market rent.

1 BR- 30 ZIPs

1.35-1.55ratio range

Median FMR$2,729

Median Market$1,920

vs market+$809

FMR is above market; underwrite to market rent.

0.17-1.55

2 BR

2 BR- 239 ZIPs

0.19-0.64ratio range

Median FMR$2,971

Median Market$5,730

vs market-$2,759

FMR is below market; voucher rent may lag private rents.

239

2 BR- 65 ZIPs

0.64-0.69ratio range

Median FMR$1,878

Median Market$2,780

vs market-$902

FMR is below market; voucher rent may lag private rents.

2 BR- 85 ZIPs

0.69-0.73ratio range

Median FMR$1,878

Median Market$2,610

vs market-$732

FMR is below market; voucher rent may lag private rents.

2 BR- 125 ZIPs

0.73-0.77ratio range

Median FMR$1,878

Median Market$2,470

vs market-$592

FMR is below market; voucher rent may lag private rents.

2 BR- 135 ZIPs

0.77-0.81ratio range

Median FMR$2,131

Median Market$2,670

vs market-$539

FMR is below market; voucher rent may lag private rents.

2 BR- 106 ZIPs

0.82-0.86ratio range

Median FMR$2,131

Median Market$2,590

vs market-$459

FMR is below market; voucher rent may lag private rents.

2 BR- 98 ZIPs

0.86-0.90ratio range

Median FMR$2,689

Median Market$3,070

vs market-$381

FMR is below market; voucher rent may lag private rents.

2 BR- 73 ZIPs

0.90-0.94ratio range

Median FMR$2,131

Median Market$2,330

vs market-$199

FMR is near market; voucher and private rents are aligned.

2 BR- 63 ZIPs

0.94-0.98ratio range

Median FMR$2,971

Median Market$3,040

vs market-$69

FMR is near market; voucher and private rents are aligned.

2 BR- 58 ZIPs

0.98-1.02ratio range

Median FMR$2,971

Median Market$2,940

vs market+$31

FMR is near market; voucher and private rents are aligned.

2 BR- 32 ZIPs

1.02-1.06ratio range

Median FMR$2,131

Median Market$2,025

vs market+$106

FMR is near market; voucher and private rents are aligned.

2 BR- 40 ZIPs

1.06-1.10ratio range

Median FMR$2,971

Median Market$2,710

vs market+$261

FMR is near market; voucher and private rents are aligned.

2 BR- 22 ZIPs

1.10-1.15ratio range

Median FMR$1,711

Median Market$1,540

vs market+$171

FMR is above market; underwrite to market rent.

2 BR- 8 ZIPs

1.16-1.20ratio range

Median FMR$2,971

Median Market$2,500

vs market+$471

FMR is above market; underwrite to market rent.

2 BR- 5 ZIPs

1.20-1.22ratio range

Median FMR$2,971

Median Market$2,440

vs market+$531

FMR is above market; underwrite to market rent.

2 BR- 1 ZIP

1.26ratio

FMR$1,416

Market$1,120

vs market+$296

FMR is above market; underwrite to market rent.

2 BR- 3 ZIPs

1.32-1.34ratio range

Median FMR$1,711

Median Market$1,280

vs market+$431

FMR is above market; underwrite to market rent.

0.19-1.34

3 BR

3 BR- 197 ZIPs

0.22-0.64ratio range

Median FMR$3,760

Median Market$9,100

vs market-$5,340

FMR is below market; voucher rent may lag private rents.

197

3 BR- 45 ZIPs

0.64-0.69ratio range

Median FMR$1,837

Median Market$2,790

vs market-$953

FMR is below market; voucher rent may lag private rents.

3 BR- 97 ZIPs

0.69-0.73ratio range

Median FMR$2,282

Median Market$3,230

vs market-$948

FMR is below market; voucher rent may lag private rents.

3 BR- 100 ZIPs

0.73-0.77ratio range

Median FMR$2,039

Median Market$2,670

vs market-$631

FMR is below market; voucher rent may lag private rents.

3 BR- 96 ZIPs

0.77-0.81ratio range

Median FMR$2,282

Median Market$2,920

vs market-$638

FMR is below market; voucher rent may lag private rents.

3 BR- 94 ZIPs

0.81-0.86ratio range

Median FMR$2,685

Median Market$3,160

vs market-$475

FMR is below market; voucher rent may lag private rents.

3 BR- 98 ZIPs

0.86-0.90ratio range

Median FMR$2,685

Median Market$3,050

vs market-$365

FMR is below market; voucher rent may lag private rents.

3 BR- 87 ZIPs

0.90-0.94ratio range

Median FMR$3,458

Median Market$3,680

vs market-$222

FMR is near market; voucher and private rents are aligned.

3 BR- 71 ZIPs

0.94-0.98ratio range

Median FMR$2,685

Median Market$2,830

vs market-$145

FMR is near market; voucher and private rents are aligned.

3 BR- 53 ZIPs

0.98-1.02ratio range

Median FMR$3,760

Median Market$3,690

vs market+$70

FMR is near market; voucher and private rents are aligned.

3 BR- 55 ZIPs

1.02-1.06ratio range

Median FMR$3,458

Median Market$3,370

vs market+$88

FMR is near market; voucher and private rents are aligned.

3 BR- 58 ZIPs

1.06-1.10ratio range

Median FMR$3,760

Median Market$3,420

vs market+$340

FMR is near market; voucher and private rents are aligned.

3 BR- 49 ZIPs

1.10-1.15ratio range

Median FMR$3,760

Median Market$3,280

vs market+$480

FMR is above market; underwrite to market rent.

3 BR- 22 ZIPs

1.15-1.20ratio range

Median FMR$3,223

Median Market$2,725

vs market+$498

FMR is above market; underwrite to market rent.

3 BR- 26 ZIPs

1.20-1.25ratio range

Median FMR$3,760

Median Market$3,010

vs market+$750

FMR is above market; underwrite to market rent.

3 BR- 5 ZIPs

1.25-1.30ratio range

Median FMR$2,039

Median Market$1,630

vs market+$409

FMR is above market; underwrite to market rent.

3 BR- 4 ZIPs

1.31-1.33ratio range

Median FMR$1,912

Median Market$1,435

vs market+$477

FMR is above market; underwrite to market rent.

3 BR- 5 ZIPs

1.39-2.39ratio range

Median FMR$3,760

Median Market$1,570

vs market+$2,190

FMR is above market; underwrite to market rent.

0.22-2.39

4 BR

4 BR- 201 ZIPs

0.24-0.64ratio range

Median FMR$3,671

Median Market$7,370

vs market-$3,699

FMR is below market; voucher rent may lag private rents.

201

4 BR- 63 ZIPs

0.64-0.69ratio range

Median FMR$3,671

Median Market$5,530

vs market-$1,859

FMR is below market; voucher rent may lag private rents.

4 BR- 109 ZIPs

0.69-0.73ratio range

Median FMR$2,468

Median Market$3,500

vs market-$1,032

FMR is below market; voucher rent may lag private rents.

4 BR- 104 ZIPs

0.73-0.77ratio range

Median FMR$2,824

Median Market$3,750

vs market-$926

FMR is below market; voucher rent may lag private rents.

4 BR- 104 ZIPs

0.77-0.81ratio range

Median FMR$2,824

Median Market$3,535

vs market-$711

FMR is below market; voucher rent may lag private rents.

4 BR- 90 ZIPs

0.82-0.86ratio range

Median FMR$2,249

Median Market$2,700

vs market-$451

FMR is below market; voucher rent may lag private rents.

4 BR- 69 ZIPs

0.86-0.90ratio range

Median FMR$2,631

Median Market$3,010

vs market-$379

FMR is below market; voucher rent may lag private rents.

4 BR- 111 ZIPs

0.90-0.94ratio range

Median FMR$4,121

Median Market$4,430

vs market-$309

FMR is near market; voucher and private rents are aligned.

4 BR- 39 ZIPs

0.94-0.98ratio range

Median FMR$2,824

Median Market$2,900

vs market-$76

FMR is near market; voucher and private rents are aligned.

4 BR- 34 ZIPs

0.98-1.02ratio range

Median FMR$2,249

Median Market$2,215

vs market+$34

FMR is near market; voucher and private rents are aligned.

4 BR- 30 ZIPs

1.02-1.06ratio range

Median FMR$2,824

Median Market$2,725

vs market+$99

FMR is near market; voucher and private rents are aligned.

4 BR- 45 ZIPs

1.06-1.10ratio range

Median FMR$4,121

Median Market$3,760

vs market+$361

FMR is near market; voucher and private rents are aligned.

4 BR- 37 ZIPs

1.10-1.15ratio range

Median FMR$4,121

Median Market$3,600

vs market+$521

FMR is above market; underwrite to market rent.

4 BR- 40 ZIPs

1.15-1.20ratio range

Median FMR$2,376

Median Market$2,030

vs market+$346

FMR is above market; underwrite to market rent.

4 BR- 24 ZIPs

1.20-1.25ratio range

Median FMR$4,121

Median Market$3,305

vs market+$816

FMR is above market; underwrite to market rent.

4 BR- 18 ZIPs

1.25-1.29ratio range

Median FMR$2,249

Median Market$1,760

vs market+$489

FMR is above market; underwrite to market rent.

4 BR- 15 ZIPs

1.30-1.35ratio range

Median FMR$2,249

Median Market$1,730

vs market+$519

FMR is above market; underwrite to market rent.

4 BR- 30 ZIPs

1.35-3.35ratio range

Median FMR$4,121

Median Market$2,660

vs market+$1,461

FMR is above market; underwrite to market rent.

0.24-3.35

0.700.800.901.001.101.201.30aligned range

Bedroom curve

Rankings

Market Explorer

Counties, cities, and ZIPs in New York.

Browse rankings

Trends

Market trends

HUD rent changes, rent against home values, and where it cash-flows.

View insights

Counties

Ranked by Investment Score (vs state median)

12St. Lawrence County

County map

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New York fair market rent by county, FY 2027

HUD's FY 2027 fair market rents cover 62 counties in New York. The median county two-bedroom FMR is $1,385. That is up 1.8% from $1,361 in FY 2026. Two-bedroom FMRs run from $1,014 in Wyoming County to $2,971 in Bronx County. 14 HUD metropolitan FMR areas cover 37 of those counties; each county in the same metro area shares one FMR. 119 ZIP codes in the Buffalo-Cheektowaga, NY MSA must use Small Area FMRs, so voucher payment standards there are set by ZIP code.

Two-bedroom FMR by county

FY 2027 two-bedroom fair market rent by county in New York
County	2BR	Change	HUD FMR area
Bronx County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Kings County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
New York County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Putnam County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Queens County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Richmond County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Rockland County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Westchester County	$2,971	+2.1%	New York, NY HUD Metro FMR Area
Nassau County	$2,689	−2.1%	Nassau-Suffolk, NY HUD Metro FMR Area
Suffolk County	$2,689	−2.1%	Nassau-Suffolk, NY HUD Metro FMR Area
Dutchess County	$2,131	+7.7%	Kiryas Joel-Poughkeepsie-Newburgh, NY MSA
Orange County	$2,131	+7.7%	Kiryas Joel-Poughkeepsie-Newburgh, NY MSA
Ulster County	$1,878	+3.3%	Kingston, NY MSA
Albany County	$1,711	+0.5%	Albany-Schenectady-Troy, NY MSA
Rensselaer County	$1,711	+0.5%	Albany-Schenectady-Troy, NY MSA
Saratoga County	$1,711	+0.5%	Albany-Schenectady-Troy, NY MSA
Schenectady County	$1,711	+0.5%	Albany-Schenectady-Troy, NY MSA
Schoharie County	$1,711	+0.5%	Albany-Schenectady-Troy, NY MSA
Tompkins County	$1,709	−2.5%	Ithaca, NY MSA
Columbia County	$1,503	+4.8%	Non-metro
Madison County	$1,493	+7.3%	Syracuse, NY MSA
Onondaga County	$1,493	+7.3%	Syracuse, NY MSA
Oswego County	$1,493	+7.3%	Syracuse, NY MSA
Jefferson County	$1,453	+3.4%	Watertown-Fort Drum, NY MSA
Erie County	$1,423	+6.0%	Buffalo-Cheektowaga, NY MSA
Niagara County	$1,423	+6.0%	Buffalo-Cheektowaga, NY MSA
Livingston County	$1,416	−10.0%	Rochester, NY MSA
Monroe County	$1,416	−10.0%	Rochester, NY MSA
Ontario County	$1,416	−10.0%	Rochester, NY MSA
Orleans County	$1,416	−10.0%	Rochester, NY MSA
Wayne County	$1,416	−10.0%	Rochester, NY MSA
Greene County	$1,354	−1.4%	Non-metro
Chemung County	$1,348	+5.1%	Elmira, NY MSA
Warren County	$1,347	−0.1%	Glens Falls, NY MSA
Washington County	$1,347	−0.1%	Glens Falls, NY MSA
Sullivan County	$1,299	−0.2%	Non-metro
Hamilton County	$1,287	−9.9%	Non-metro
Otsego County	$1,235	+0.6%	Non-metro
Broome County	$1,219	+10.5%	Binghamton, NY MSA
Tioga County	$1,219	+10.5%	Binghamton, NY MSA
Herkimer County	$1,210	+3.2%	Utica-Rome, NY MSA
Oneida County	$1,210	+3.2%	Utica-Rome, NY MSA
Clinton County	$1,205	−3.3%	Non-metro
Schuyler County	$1,180	+2.8%	Non-metro
Cortland County	$1,171	−2.3%	Non-metro
Essex County	$1,171	−1.2%	Non-metro
Seneca County	$1,145	−2.1%	Non-metro
Genesee County	$1,113	−4.7%	Non-metro
Montgomery County	$1,111	+0.8%	Non-metro
Cayuga County	$1,074	−4.4%	Non-metro
Steuben County	$1,058	−2.1%	Non-metro
Yates County	$1,057	−3.6%	Non-metro
Fulton County	$1,051	−3.3%	Non-metro
St. Lawrence County	$1,041	−2.8%	Non-metro
Delaware County	$1,017	−1.5%	Non-metro
Allegany County	$1,014	+4.1%	Non-metro
Cattaraugus County	$1,014	+0.7%	Non-metro
Chautauqua County	$1,014	+4.0%	Non-metro
Chenango County	$1,014	+4.2%	Non-metro
Franklin County	$1,014	−2.9%	Non-metro
Lewis County	$1,014	+0.6%	Non-metro
Wyoming County	$1,014	+4.2%	Non-metro

HUD metro FMR areas

FY 2027 two-bedroom fair market rent by HUD metro area in New York
Metro area	Counties	2BR
New York, NY HUD Metro FMR Area	8	$2,971
Nassau-Suffolk, NY HUD Metro FMR Area	2	$2,689
Kiryas Joel-Poughkeepsie-Newburgh, NY MSA	2	$2,131
Kingston, NY MSA	1	$1,878
Albany-Schenectady-Troy, NY MSA	5	$1,711
Ithaca, NY MSA	1	$1,709
Syracuse, NY MSA	3	$1,493
Watertown-Fort Drum, NY MSA	1	$1,453
Buffalo-Cheektowaga, NY MSA	2	$1,423
Rochester, NY MSA	5	$1,416
Elmira, NY MSA	1	$1,348
Glens Falls, NY MSA	2	$1,347
Binghamton, NY MSA	2	$1,219
Utica-Rome, NY MSA	2	$1,210

Questions about New York rents

What is the fair market rent in New York?

HUD sets fair market rents by metro area and county, not statewide. For FY 2027 the median county two-bedroom FMR in New York is $1,385. Look up the county or ZIP code to see the value that applies to a specific property.

Which New York counties have the highest fair market rent?

For FY 2027, the highest two-bedroom FMRs are in Bronx County ($2,971), Kings County ($2,971), New York County ($2,971).

Does New York use Small Area Fair Market Rents?

Yes, in part. HUD requires Small Area FMRs in 119 ZIP codes in the Buffalo-Cheektowaga, NY MSA. Elsewhere, housing authorities use the metro or county FMR unless they choose to adopt Small Area FMRs.

Source: HUD FY 2027 Fair Market Rents. Change compares each county's two-bedroom FMR with FY 2026.

New York counties New York cities New York ZIP codes What is FMR?

Data source: U.S. Department of Housing and Urban Development (HUD)

Fiscal Year 2027