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New York County/New York/10018

10018

ZIPSAFMR
New York County, NY
Zillow

ZIP Investment Score

11Below average

095130300
BRFMR
Eff. Rent
0 BR$3,800$3,890
1 BR$4,000$4,400
2 BR$4,350$4,790
3 BR$5,510$5,890
4 BR$6,040$6,550
5 BR$6,946Not available
6 BR$7,988Not available
7 BR$9,186Not available
8 BR$10,564Not available

Purchase Price Calculator

Maximum purchase price
$649,876

Cost breakdown

+Likely effective rent$4,790
HUD FMR$4,350
Market rent$5,860
Est. payment standard (110%)Used$4,790
-Principal and interest-$3,286
Loan amount$519,900
Down payment$129,975
Rate6.50%
Term30 years
-Operating costs-$1,304
Property taxes-$650
Insurance-$175
Utilities$0
HOA$0
Management-$479
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$75,796(58.3% ROI)
Projected value
$699,845
Return breakdown
Property appreciation+$49,969
Loan principal paid down+$18,627
Rental cash flow+$7,200
5-year hold
+$130,616(100.5% ROI)
Projected value
$735,275
Return breakdown
Property appreciation+$85,399
Loan principal paid down+$33,217
Rental cash flow+$12,000
10-year hold
+$285,169(219.4% ROI)
Projected value
$831,896
Return breakdown
Property appreciation+$182,020
Loan principal paid down+$79,149
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
0.86
2 BR
0.74
3 BR
0.90
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10018 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10018 (New York, NY) is $4,350 a month. That is up 2.6% from $4,240 in FY 2026. New York 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. Among 128 ZIP codes in New York County, 10018 has the 21st-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10018 is 214% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10018
BedroomsFY 2027Change90–110% range
Studio$3,800+3.0%$3,420–$4,180
1BR$4,000+3.1%$3,600–$4,400
2BR$4,350+2.6%$3,915–$4,785
3BR$5,510+3.8%$4,959–$6,061
4BR$6,040+4.5%$5,436–$6,644

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10018
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,800$4,000$4,350$5,510$6,040
FY 2026$3,690$3,880$4,240$5,310$5,780
FY 2025$3,610$3,770$4,170$5,200$5,610
FY 2024$3,580$3,680$4,130$5,150$5,550
FY 2023$3,190$3,260$3,680$4,620$4,980

Two-bedroom rent in nearby New York County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10018
10012$4,460+2.5%
10013$4,460+2.5%
10014$4,460+2.5%
10016$4,460+2.5%
10017$4,460+2.5%
10018Current$4,350—
10019$4,420+1.6%
10020$3,680−15.4%
10021$4,460+2.5%
10022$4,460+2.5%
10023$4,460+2.5%
10024$4,460+2.5%

Questions about ZIP 10018 rents

How much will Section 8 pay for a two-bedroom in ZIP 10018?

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 $4,350 it would be $3,915 to $4,785. 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 ZIP 10018 in?

ZIP 10018 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 ZIP 10018 for FY 2027?

The two-bedroom FMR rose 2.6%, from $4,240 in FY 2026 to $4,350 in FY 2027. Since FY 2023 it has risen 18.2%.

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

County fair market rentNew York, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources