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Westchester County/Ardsley On Hudson/10503

10503

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

98Above average

095130300
BRFMR
Eff. Rent
0 BR$3,360$2,180
1 BR$3,540$2,980
2 BR$3,850$3,710
3 BR$4,870$5,180
4 BR$5,340$5,870
5 BR$6,141Not available
6 BR$7,062Not available
7 BR$8,121Not available
8 BR$9,340Not available

Purchase Price Calculator

Maximum purchase price
$489,388

Cost breakdown

+Likely effective rent$3,710
HUD FMR$3,850
Market rentUsed$3,710
Est. payment standard (98%)$3,760
-Principal and interest-$2,475
Loan amount$391,510
Down payment$97,878
Rate6.50%
Term30 years
-Operating costs-$1,035
Property taxes-$489
Insurance-$175
Utilities$0
HOA$0
Management-$371
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$58,856(60.1% ROI)
Projected value
$527,017
Return breakdown
Property appreciation+$37,629
Loan principal paid down+$14,027
Rental cash flow+$7,200
5-year hold
+$101,323(103.5% ROI)
Projected value
$553,698
Return breakdown
Property appreciation+$64,310
Loan principal paid down+$25,014
Rental cash flow+$12,000
10-year hold
+$220,673(225.5% ROI)
Projected value
$626,458
Return breakdown
Property appreciation+$137,070
Loan principal paid down+$59,603
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.54
1 BR
1.19
2 BR
1.04
3 BR
0.91
4 BR
0.71
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10503 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10503 (Ardsley On Hudson, NY) is $3,850 a month. That is up 8.5% from $3,550 in FY 2026. Ardsley On Hudson 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, 10503 is tied for the 14th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10503 is 178% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10503
BedroomsFY 2027Change90–110% range
Studio$3,360+9.1%$3,024–$3,696
1BR$3,540+9.3%$3,186–$3,894
2BR$3,850+8.5%$3,465–$4,235
3BR$4,870+9.4%$4,383–$5,357
4BR$5,340+10.6%$4,806–$5,874

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10503
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,360$3,540$3,850$4,870$5,340
FY 2026$3,080$3,240$3,550$4,450$4,830
FY 2025$2,670$2,780$3,080$3,840$4,140
FY 2024$1,640$1,920$2,340$2,870$3,120
FY 2023$1,380$1,600$1,950$2,420$2,670

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10503
10501$3,860+0.3%
10502$3,560−7.5%
10503Current$3,850—
10504$3,430−10.9%
10505$2,620−31.9%
10506$4,460+15.8%
10507$2,930−23.9%
10509$2,840−26.2%
10510$3,980+3.4%
10511$2,770−28.1%
10514$4,110+6.8%
10517$2,620−31.9%

Questions about ZIP 10503 rents

How much will Section 8 pay for a two-bedroom in ZIP 10503?

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 $3,850 it would be $3,465 to $4,235. 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 10503 in?

ZIP 10503 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 10503 for FY 2027?

The two-bedroom FMR rose 8.5%, from $3,550 in FY 2026 to $3,850 in FY 2027. Since FY 2023 it has risen 97.4%.

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