Skip to main content
Loading page
Westchester County/Bedford Hills/10507

10507

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$2,560$2,570
1 BR$2,690$2,810
2 BR$2,930$3,220
3 BR$3,710$4,080
4 BR$4,060$4,470
5 BR$4,669Not available
6 BR$5,369Not available
7 BR$6,175Not available
8 BR$7,101Not available

Purchase Price Calculator

Maximum purchase price
$416,574

Cost breakdown

+Likely effective rent$3,220
HUD FMR$2,930
Market rent$3,890
Est. payment standard (110%)Used$3,220
-Principal and interest-$2,106
Loan amount$333,259
Down payment$83,315
Rate6.50%
Term30 years
-Operating costs-$914
Property taxes-$417
Insurance-$175
Utilities$0
HOA$0
Management-$322
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,171(61.4% ROI)
Projected value
$448,605
Return breakdown
Property appreciation+$32,031
Loan principal paid down+$11,940
Rental cash flow+$7,200
5-year hold
+$88,033(105.7% ROI)
Projected value
$471,315
Return breakdown
Property appreciation+$54,741
Loan principal paid down+$21,292
Rental cash flow+$12,000
10-year hold
+$191,411(229.7% ROI)
Projected value
$533,250
Return breakdown
Property appreciation+$116,676
Loan principal paid down+$50,735
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.99
1 BR
0.93
2 BR
0.75
3 BR
0.68
4 BR
0.58
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10507 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10507 (Bedford Hills, NY) is $2,930 a month. That is down 0.7% from $2,950 in FY 2026. Bedford Hills 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, 10507 is tied for the 68th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10507 is 112% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10507
BedroomsFY 2027Change90–110% range
Studio$2,5600.0%$2,304–$2,816
1BR$2,6900.0%$2,421–$2,959
2BR$2,930−0.7%$2,637–$3,223
3BR$3,710+0.5%$3,339–$4,081
4BR$4,060+1.2%$3,654–$4,466

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10507
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,560$2,690$2,930$3,710$4,060
FY 2026$2,560$2,690$2,950$3,690$4,010
FY 2025$2,500$2,610$2,890$3,600$3,890
FY 2024$1,720$2,020$2,460$3,020$3,280
FY 2023$1,490$1,730$2,100$2,600$2,880

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10507
10501$3,860+31.7%
10502$3,560+21.5%
10503$3,850+31.4%
10504$3,430+17.1%
10505$2,620−10.6%
10506$4,460+52.2%
10507Current$2,930—
10509$2,840−3.1%
10510$3,980+35.8%
10511$2,770−5.5%
10514$4,110+40.3%
10517$2,620−10.6%

Questions about ZIP 10507 rents

How much will Section 8 pay for a two-bedroom in ZIP 10507?

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 $2,930 it would be $2,637 to $3,223. 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 10507 in?

ZIP 10507 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 10507 for FY 2027?

The two-bedroom FMR fell 0.7%, from $2,950 in FY 2026 to $2,930 in FY 2027. Since FY 2023 it has risen 39.5%.

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