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Westchester County/Yonkers/10701

10701

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

72Below average

095130300
BRFMR
Eff. Rent
0 BR$2,720$1,990
1 BR$2,870$2,190
2 BR$3,120$3,250
3 BR$3,950$3,560
4 BR$4,330$3,860
5 BR$4,980Not available
6 BR$5,726Not available
7 BR$6,585Not available
8 BR$7,573Not available

Purchase Price Calculator

Maximum purchase price
$421,032

Cost breakdown

+Likely effective rent$3,250
HUD FMR$3,120
Market rent$3,320
Est. payment standard (104%)Used$3,250
-Principal and interest-$2,129
Loan amount$336,826
Down payment$84,206
Rate6.50%
Term30 years
-Operating costs-$921
Property taxes-$421
Insurance-$175
Utilities$0
HOA$0
Management-$325
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,641(61.3% ROI)
Projected value
$453,406
Return breakdown
Property appreciation+$32,373
Loan principal paid down+$12,068
Rental cash flow+$7,200
5-year hold
+$88,847(105.5% ROI)
Projected value
$476,359
Return breakdown
Property appreciation+$55,327
Loan principal paid down+$21,520
Rental cash flow+$12,000
10-year hold
+$193,203(229.4% ROI)
Projected value
$538,957
Return breakdown
Property appreciation+$117,925
Loan principal paid down+$51,278
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.37
1 BR
1.31
2 BR
0.94
3 BR
1.11
4 BR
1.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10701 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10701 (Yonkers, NY) is $3,120 a month. That is up 5.1% from $2,970 in FY 2026. Yonkers 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, 10701 has the 50th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10701 is 125% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10701
BedroomsFY 2027Change90–110% range
Studio$2,720+5.4%$2,448–$2,992
1BR$2,870+5.9%$2,583–$3,157
2BR$3,120+5.1%$2,808–$3,432
3BR$3,950+6.2%$3,555–$4,345
4BR$4,330+7.2%$3,897–$4,763

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10701
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,720$2,870$3,120$3,950$4,330
FY 2026$2,580$2,710$2,970$3,720$4,040
FY 2025$2,340$2,440$2,700$3,360$3,630
FY 2024$1,450$1,700$2,070$2,540$2,760
FY 2023$1,240$1,440$1,750$2,170$2,420

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10701
10606$3,900+25.0%
10607$3,820+22.4%
10701Current$3,120—
10702$3,020−3.2%
10703$2,760−11.5%
10704$2,930−6.1%
10705$2,920−6.4%
10706$3,050−2.2%
10707$3,480+11.5%
10708$3,310+6.1%
10709$3,130+0.3%
10710$2,880−7.7%

Questions about ZIP 10701 rents

How much will Section 8 pay for a two-bedroom in ZIP 10701?

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 $3,120 it would be $2,808 to $3,432. 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 10701 in?

ZIP 10701 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 10701 for FY 2027?

The two-bedroom FMR rose 5.1%, from $2,970 in FY 2026 to $3,120 in FY 2027. Since FY 2023 it has risen 78.3%.

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