10038
ZIPSAFMR
Kings County, NY
BRFMR
Eff. Rent
0 BR$3,800$4,040
1 BR$3,990$4,390
2 BR$4,370$4,810
3 BR$5,470$6,020
4 BR$5,950$6,550
5 BR$6,842
6 BR$7,869
7 BR$9,049
8 BR$10,407

Purchase Price Calculator

Maximum purchase price
$652,848

Cost breakdown

+Likely effective rent$4,810
HUD FMR$4,370
Market rent$7,790
Est. payment standard (110%)Used$4,810
Estimated payment standard is $4,810 (110% of FMR).
-Principal and interest-$3,301
Loan amount$522,278
Down payment$130,570
Rate6.50%
Term30 years
-Operating costs-$1,309
Property taxes-$653
Insurance-$175
Utilities$0
HOA$0
Management-$481
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$76,110(58.3% ROI)
Projected value
$703,045
Current value$652,848
Return breakdown
Property appreciation+$50,198
Loan principal paid down+$18,712
Rental cash flow+$7,200
5-year hold
+$131,158(100.5% ROI)
Projected value
$738,637
Current value$652,848
Return breakdown
Property appreciation+$85,790
Loan principal paid down+$33,368
Rental cash flow+$12,000
10-year hold
+$286,363(219.3% ROI)
Projected value
$835,700
Current value$652,848
Return breakdown
Property appreciation+$182,853
Loan principal paid down+$79,511
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.91ratio
FMR$3,800
Market$4,170
vs market-$370

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

90% standard$3,420 / 0.82 ratio110% standard$4,180 / 1.00 ratio
0.91
1 BR
1 BR
0.77ratio
FMR$3,990
Market$5,190
vs market-$1,200

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

90% standard$3,591 / 0.69 ratio110% standard$4,389 / 0.85 ratio
0.77
2 BR
2 BR
0.56ratio
FMR$4,370
Market$7,790
vs market-$3,420

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

90% standard$3,933 / 0.50 ratio110% standard$4,807 / 0.62 ratio
0.56
3 BR
3 BR
0.54ratio
FMR$5,470
Market$10,070
vs market-$4,600

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

0.54
4 BR
4 BR
0.56ratio
FMR$5,950
Market$10,590
vs market-$4,640

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

90% standard$5,355 / 0.51 ratio110% standard$6,545 / 0.62 ratio
0.56
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 10038 (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

10038 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 10038 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $4,370 and the 4 bedroom fair market rent is $5,950.

Use this page for searches like 10038 FMR, 10038 fair market rent, and 10038 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 10038
Bedroom sizeHUD FMR
Studio$3,800
1 bedroom$3,990
2 bedroom$4,370
3 bedroom$5,470
4 bedroom$5,950