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Richmond County/Staten Island/10308

10308

ZIPSAFMR
Richmond County, NY
Zillow

ZIP Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$2,460$1,750
1 BR$2,590$1,950
2 BR$2,820$2,430
3 BR$3,570$3,130
4 BR$3,910$3,410
5 BR$4,497Not available
6 BR$5,171Not available
7 BR$5,947Not available
8 BR$6,839Not available

Purchase Price Calculator

Maximum purchase price
$299,181

Cost breakdown

+Likely effective rent$2,430
HUD FMR$2,820
Market rentUsed$2,430
Est. payment standard (91%)$2,570
-Principal and interest-$1,513
Loan amount$239,344
Down payment$59,836
Rate6.50%
Term30 years
-Operating costs-$717
Property taxes-$299
Insurance-$175
Utilities$0
HOA$0
Management-$243
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,779(64.8% ROI)
Projected value
$322,185
Return breakdown
Property appreciation+$23,004
Loan principal paid down+$8,575
Rental cash flow+$7,200
5-year hold
+$66,607(111.3% ROI)
Projected value
$338,495
Return breakdown
Property appreciation+$39,315
Loan principal paid down+$15,292
Rental cash flow+$12,000
10-year hold
+$144,233(241.0% ROI)
Projected value
$382,976
Return breakdown
Property appreciation+$83,796
Loan principal paid down+$36,437
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.41
1 BR
1.33
2 BR
1.16
3 BR
1.14
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10308 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10308 (Staten Island, NY) is $2,820 a month. That is up 1.4% from $2,780 in FY 2026. Staten Island 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 14 ZIP codes in Richmond County, 10308 is tied for the 6th-highest two-bedroom rent (county range $2,620–$3,240). The median county two-bedroom FMR in New York is $1,385, so ZIP 10308 is 104% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10308
BedroomsFY 2027Change90–110% range
Studio$2,460+1.7%$2,214–$2,706
1BR$2,590+2.0%$2,331–$2,849
2BR$2,820+1.4%$2,538–$3,102
3BR$3,570+2.6%$3,213–$3,927
4BR$3,910+3.4%$3,519–$4,301

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10308
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,460$2,590$2,820$3,570$3,910
FY 2026$2,420$2,540$2,780$3,480$3,780
FY 2025$2,430$2,540$2,810$3,500$3,780
FY 2024$2,560$2,630$2,950$3,680$3,970
FY 2023$2,330$2,380$2,690$3,380$3,640

Two-bedroom rent in nearby Richmond County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10308
10302$2,8200.0%
10303$2,860+1.4%
10304$2,730−3.2%
10305$2,720−3.5%
10306$2,8200.0%
10307$2,620−7.1%
10308Current$2,820—
10309$3,240+14.9%
10310$2,770−1.8%
10311$2,810−0.4%
10312$2,940+4.3%
10313$2,810−0.4%

Questions about ZIP 10308 rents

How much will Section 8 pay for a two-bedroom in ZIP 10308?

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 $2,820 it would be $2,538 to $3,102. 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 10308 in?

ZIP 10308 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 10308 for FY 2027?

The two-bedroom FMR rose 1.4%, from $2,780 in FY 2026 to $2,820 in FY 2027. Since FY 2023 it has risen 4.8%.

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 rentStaten Island, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources