Skip to main content
Loading page
Westchester County/Millwood/10546

10546

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$3,210$2,390
1 BR$3,380$2,710
2 BR$3,670$4,040
3 BR$4,650$4,820
4 BR$5,090$5,600
5 BR$5,854Not available
6 BR$6,732Not available
7 BR$7,741Not available
8 BR$8,902Not available

Purchase Price Calculator

Maximum purchase price
$538,426

Cost breakdown

+Likely effective rent$4,040
HUD FMR$3,670
Market rent$4,250
Est. payment standard (110%)Used$4,040
-Principal and interest-$2,723
Loan amount$430,741
Down payment$107,685
Rate6.50%
Term30 years
-Operating costs-$1,117
Property taxes-$538
Insurance-$175
Utilities$0
HOA$0
Management-$404
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$64,032(59.5% ROI)
Projected value
$579,826
Return breakdown
Property appreciation+$41,400
Loan principal paid down+$15,432
Rental cash flow+$7,200
5-year hold
+$110,274(102.4% ROI)
Projected value
$609,179
Return breakdown
Property appreciation+$70,754
Loan principal paid down+$27,520
Rental cash flow+$12,000
10-year hold
+$240,380(223.2% ROI)
Projected value
$689,231
Return breakdown
Property appreciation+$150,805
Loan principal paid down+$65,575
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.34
1 BR
1.25
2 BR
0.86
3 BR
0.95
4 BR
0.76
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10546 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10546 (Millwood, NY) is $3,670 a month. That is up 1.7% from $3,610 in FY 2026. Millwood 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, 10546 has the 19th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10546 is 165% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10546
BedroomsFY 2027Change90–110% range
Studio$3,210+2.2%$2,889–$3,531
1BR$3,380+2.7%$3,042–$3,718
2BR$3,670+1.7%$3,303–$4,037
3BR$4,650+2.9%$4,185–$5,115
4BR$5,090+3.7%$4,581–$5,599

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10546
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,210$3,380$3,670$4,650$5,090
FY 2026$3,140$3,290$3,610$4,520$4,910
FY 2025$2,940$3,060$3,390$4,230$4,560
FY 2024$2,470$2,900$3,530$4,330$4,700
FY 2023$2,150$2,500$3,040$3,770$4,170

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10546
10540$3,530−3.8%
10541$3,030−17.4%
10543$3,300−10.1%
10545$3,330−9.3%
10546Current$3,670—
10547$3,540−3.5%
10548$3,160−13.9%
10549$2,750−25.1%
10550$2,860−22.1%
10551$3,020−17.7%
10552$2,770−24.5%
10553$2,790−24.0%

Questions about ZIP 10546 rents

How much will Section 8 pay for a two-bedroom in ZIP 10546?

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 $3,670 it would be $3,303 to $4,037. 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 10546 in?

ZIP 10546 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 10546 for FY 2027?

The two-bedroom FMR rose 1.7%, from $3,610 in FY 2026 to $3,670 in FY 2027. Since FY 2023 it has risen 20.7%.

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