Bronx County/Bronx/10453

10453

ZIPSAFMR

Bronx County, NY

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ZIP Investment Score

87Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$2,280	$2,510	5.3%
1 BR	$2,390	$2,300	6.1%
2 BR	$2,620	$2,790	5.2%
3 BR	$3,290	$3,620	5.4%
4 BR	$3,610	$3,970	6.1%
5 BR	$4,152	Not available	6.1%
6 BR	$4,774	Not available	6.1%
7 BR	$5,490	Not available	6.1%
8 BR	$6,314	Not available	6.1%

Purchase Price Calculator

Maximum purchase price

$352,676

Cost breakdown

+Likely effective rent$2,790

HUD FMR$2,620

Market rent$2,880

Est. payment standard (106%)Used$2,790

-Principal and interest-$1,783

Loan amount$282,141

Down payment$70,535

Rate6.50%

Term30 years

-Operating costs-$807

Property taxes-$353

Insurance-$175

Utilities$0

HOA$0

Management-$279

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$44,426(63.0% ROI)

Projected value

$379,794

Return breakdown

Property appreciation+$27,118

Loan principal paid down+$10,108

Rental cash flow+$7,200

5-year hold

+$76,371(108.3% ROI)

Projected value

$399,021

Return breakdown

Property appreciation+$46,345

Loan principal paid down+$18,026

Rental cash flow+$12,000

10-year hold

+$165,732(235.0% ROI)

Projected value

$451,456

Return breakdown

Property appreciation+$98,779

Loan principal paid down+$42,953

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.86ratio

FMR$2,280

Market$2,660

vs market-$380

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

0.86

1 BR

1.04ratio

FMR$2,390

Market$2,300

vs market+$90

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

1.04

2 BR

0.91ratio

FMR$2,620

Market$2,880

vs market-$260

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

0.91

3 BR

0.82ratio

FMR$3,290

Market$4,010

vs market-$720

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

0.82

4 BR

0.84ratio

FMR$3,610

Market$4,300

vs market-$690

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

0.84

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: --

ZIP 10453 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10453 (Bronx, NY) is $2,620 a month. That is up 4.4% from $2,510 in FY 2026. Bronx 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 29 ZIP codes in Bronx County, 10453 is tied for the 18th-highest two-bedroom rent (county range $2,620–$3,540). The median county two-bedroom FMR in New York is $1,385, so ZIP 10453 is 89% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10453
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$2,170	$2,280	+5.1%	$2,052–$2,508
1BR	$2,260	$2,390	+5.8%	$2,151–$2,629
2BR	$2,510	$2,620	+4.4%	$2,358–$2,882
3BR	$3,120	$3,290	+5.4%	$2,961–$3,619
4BR	$3,370	$3,610	+7.1%	$3,249–$3,971

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10453
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$2,280	$2,390	$2,620	$3,290	$3,610
FY 2026	$2,170	$2,260	$2,510	$3,120	$3,370
FY 2025	$2,150	$2,210	$2,480	$3,100	$3,330
FY 2024	$1,950	$2,000	$2,250	$2,810	$3,020
FY 2023	$1,830	$1,870	$2,110	$2,660	$2,860

Two-bedroom rent in nearby Bronx County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 10453
10451	$2,620	0.0%
10452	$2,620	0.0%
10453Current	$2,620	—
10454	$2,640	+0.8%
10455	$2,620	0.0%
10456	$2,620	0.0%
10457	$2,620	0.0%
10458	$2,730	+4.2%
10459	$2,620	0.0%
10460	$2,620	0.0%
10461	$3,130	+19.5%
10462	$2,940	+12.2%

Questions about ZIP 10453 rents

How much will Section 8 pay for a two-bedroom in ZIP 10453?

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 $2,620 it would be $2,358 to $2,882. 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 10453 in?

ZIP 10453 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 10453 for FY 2027?

The two-bedroom FMR rose 4.4%, from $2,510 in FY 2026 to $2,620 in FY 2027. Since FY 2023 it has risen 24.2%.

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 rent Bronx, NY fair market rent NY statewide rents What is SAFMR?Data sources