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Westchester County/Eastchester/10709

10709

ZIPSAFMR
Westchester County, NY
Zillow

ZIP Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$2,730$1,940
1 BR$2,880$2,690
2 BR$3,130$3,440
3 BR$3,960$4,360
4 BR$4,340$4,770
5 BR$4,991Not available
6 BR$5,740Not available
7 BR$6,601Not available
8 BR$7,591Not available

Purchase Price Calculator

Maximum purchase price
$449,266

Cost breakdown

+Likely effective rent$3,440
HUD FMR$3,130
Market rent$3,830
Est. payment standard (110%)Used$3,440
-Principal and interest-$2,272
Loan amount$359,413
Down payment$89,853
Rate6.50%
Term30 years
-Operating costs-$968
Property taxes-$449
Insurance-$175
Utilities$0
HOA$0
Management-$344
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$54,621(60.8% ROI)
Projected value
$483,810
Return breakdown
Property appreciation+$34,544
Loan principal paid down+$12,877
Rental cash flow+$7,200
5-year hold
+$94,000(104.6% ROI)
Projected value
$508,303
Return breakdown
Property appreciation+$59,037
Loan principal paid down+$22,963
Rental cash flow+$12,000
10-year hold
+$204,549(227.6% ROI)
Projected value
$575,099
Return breakdown
Property appreciation+$125,832
Loan principal paid down+$54,717
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.41
1 BR
1.07
2 BR
0.82
3 BR
0.63
4 BR
0.70
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 10709 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10709 (Eastchester, NY) is $3,130 a month. That is unchanged from FY 2026. Eastchester 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, 10709 has the 49th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 10709 is 126% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 10709
BedroomsFY 2027Change90–110% range
Studio$2,730+0.4%$2,457–$3,003
1BR$2,880+0.7%$2,592–$3,168
2BR$3,1300.0%$2,817–$3,443
3BR$3,960+1.0%$3,564–$4,356
4BR$4,340+1.9%$3,906–$4,774

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 10709
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,730$2,880$3,130$3,960$4,340
FY 2026$2,720$2,860$3,130$3,920$4,260
FY 2025$2,670$2,780$3,080$3,840$4,140
FY 2024$1,820$2,140$2,600$3,190$3,460
FY 2023$1,570$1,830$2,220$2,750$3,040

Two-bedroom rent in nearby Westchester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 10709
10701$3,120−0.3%
10702$3,020−3.5%
10703$2,760−11.8%
10704$2,930−6.4%
10705$2,920−6.7%
10706$3,050−2.6%
10707$3,480+11.2%
10708$3,310+5.8%
10709Current$3,130—
10710$2,880−8.0%
10801$3,040−2.9%
10802$3,020−3.5%

Questions about ZIP 10709 rents

How much will Section 8 pay for a two-bedroom in ZIP 10709?

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 $3,130 it would be $2,817 to $3,443. 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 10709 in?

ZIP 10709 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 10709 for FY 2027?

The two-bedroom FMR was unchanged at $3,130 in FY 2027. Since FY 2023 it has risen 41.0%.

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

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