FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR
0.90ratio
FMR$4,210
Market$4,670
vs market-$460
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR
0.74ratio
FMR$4,620
Market$6,210
vs market-$1,590
FMR is below market; voucher rent may lag private rents.
0.74
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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ZIP 10545 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10545 (Maryknoll, NY) is $3,330 a month. That is up 3.4% from $3,220 in FY 2026. Maryknoll 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, 10545 is tied for the 40th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10545 is 140% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 10545
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,800
$2,910
+3.9%
$2,619–$3,201
1BR
$2,940
$3,060
+4.1%
$2,754–$3,366
2BR
$3,220
$3,330
+3.4%
$2,997–$3,663
3BR
$4,030
$4,210
+4.5%
$3,789–$4,631
4BR
$4,380
$4,620
+5.5%
$4,158–$5,082
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 10545
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,910
$3,060
$3,330
$4,210
$4,620
FY 2026
$2,800
$2,940
$3,220
$4,030
$4,380
FY 2025
$2,640
$2,750
$3,050
$3,800
$4,100
FY 2024
$1,740
$2,050
$2,490
$3,050
$3,320
FY 2023
$1,440
$1,670
$2,030
$2,520
$2,780
Two-bedroom rent in nearby Westchester County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 10545?
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 $3,330 it would be $2,997 to $3,663. 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 10545 in?
ZIP 10545 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 10545 for FY 2027?
The two-bedroom FMR rose 3.4%, from $3,220 in FY 2026 to $3,330 in FY 2027. Since FY 2023 it has risen 64.0%.
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