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Westchester County/Ardsley/10502

10502

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$3,110$2,360
1 BR$3,270$2,900
2 BR$3,560$3,660
3 BR$4,510$4,910
4 BR$4,940$5,430
5 BR$5,681Not available
6 BR$6,533Not available
7 BR$7,513Not available
8 BR$8,640Not available

Purchase Price Calculator

Maximum purchase price
$481,958

Cost breakdown

+Likely effective rent$3,660
HUD FMR$3,560
Market rent$3,710
Est. payment standard (103%)Used$3,660
-Principal and interest-$2,437
Loan amount$385,566
Down payment$96,392
Rate6.50%
Term30 years
-Operating costs-$1,023
Property taxes-$482
Insurance-$175
Utilities$0
HOA$0
Management-$366
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$58,072(60.2% ROI)
Projected value
$519,016
Return breakdown
Property appreciation+$37,058
Loan principal paid down+$13,814
Rental cash flow+$7,200
5-year hold
+$99,967(103.7% ROI)
Projected value
$545,291
Return breakdown
Property appreciation+$63,333
Loan principal paid down+$24,634
Rental cash flow+$12,000
10-year hold
+$217,687(225.8% ROI)
Projected value
$616,947
Return breakdown
Property appreciation+$134,989
Loan principal paid down+$58,698
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.32
1 BR
1.13
2 BR
0.96
3 BR
0.88
4 BR
0.68
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10502 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10502 (Ardsley, NY) is $3,560 a month. That is up 3.8% from $3,430 in FY 2026. Ardsley 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 86 ZIP codes in Westchester County, 10502 is tied for the 26th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10502 is 157% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10502
BedroomsFY 2027Change90–110% range
Studio$3,110+4.0%$2,799–$3,421
1BR$3,270+4.5%$2,943–$3,597
2BR$3,560+3.8%$3,204–$3,916
3BR$4,510+4.9%$4,059–$4,961
4BR$4,940+5.8%$4,446–$5,434

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10502
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,110$3,270$3,560$4,510$4,940
FY 2026$2,990$3,130$3,430$4,300$4,670
FY 2025$2,870$3,000$3,320$4,140$4,460
FY 2024$1,930$2,260$2,750$3,370$3,660
FY 2023$1,700$1,970$2,400$2,970$3,290

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10502
10501$3,860+8.4%
10502Current$3,560—
10503$3,850+8.1%
10504$3,430−3.7%
10505$2,620−26.4%
10506$4,460+25.3%
10507$2,930−17.7%
10509$2,840−20.2%
10510$3,980+11.8%
10511$2,770−22.2%
10514$4,110+15.4%
10517$2,620−26.4%

Questions about ZIP 10502 rents

How much will Section 8 pay for a two-bedroom in ZIP 10502?

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 $3,560 it would be $3,204 to $3,916. 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 10502 in?

ZIP 10502 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 10502 for FY 2027?

The two-bedroom FMR rose 3.8%, from $3,430 in FY 2026 to $3,560 in FY 2027. Since FY 2023 it has risen 48.3%.

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