FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR
1.08ratio
FMR$3,560
Market$3,300
vs market+$260
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR
1.16ratio
FMR$3,900
Market$3,350
vs market+$550
FMR is above market; underwrite to market rent.
1.16
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 10311 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10311 (Staten Island, NY) is $2,810 a month. That is up 3.3% from $2,720 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, 10311 is tied for the 9th-highest two-bedroom rent (county range $2,620–$3,240). The median county two-bedroom FMR in New York is $1,385, so ZIP 10311 is 103% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 10311
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,360
$2,450
+3.8%
$2,205–$2,695
1BR
$2,480
$2,580
+4.0%
$2,322–$2,838
2BR
$2,720
$2,810
+3.3%
$2,529–$3,091
3BR
$3,410
$3,560
+4.4%
$3,204–$3,916
4BR
$3,700
$3,900
+5.4%
$3,510–$4,290
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 10311
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,450
$2,580
$2,810
$3,560
$3,900
FY 2026
$2,360
$2,480
$2,720
$3,410
$3,700
FY 2025
$2,220
$2,310
$2,560
$3,190
$3,440
FY 2024
$2,180
$2,240
$2,510
$3,130
$3,370
FY 2023
$1,930
$1,970
$2,230
$2,800
$3,020
Two-bedroom rent in nearby Richmond County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 10311?
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 $2,810 it would be $2,529 to $3,091. 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 10311 in?
ZIP 10311 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 10311 for FY 2027?
The two-bedroom FMR rose 3.3%, from $2,720 in FY 2026 to $2,810 in FY 2027. Since FY 2023 it has risen 26.0%.
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