FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR
0.97ratio
FMR$1,870
Market$1,930
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR
1.19ratio
FMR$2,410
Market$2,030
vs market+$380
FMR is above market; underwrite to market rent.
1.19
3 BR
3 BR
1.24ratio
FMR$3,040
Market$2,460
vs market+$580
FMR is above market; underwrite to market rent.
1.24
4 BR
4 BR
1.22ratio
FMR$3,190
Market$2,610
vs market+$580
FMR is above market; underwrite to market rent.
1.22
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 10933 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10933 (Johnson, NY) is $2,410 a month. That is up 11.1% from $2,170 in FY 2026. Johnson is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. 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 $2,131. Among 60 ZIP codes in Orange County, 10933 has the 12th-highest two-bedroom rent (county range $1,790–$3,950). The median county two-bedroom FMR in New York is $1,385, so ZIP 10933 is 74% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 10933
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,490
$1,680
+12.8%
$1,512–$1,848
1BR
$1,700
$1,870
+10.0%
$1,683–$2,057
2BR
$2,170
$2,410
+11.1%
$2,169–$2,651
3BR
$2,750
$3,040
+10.5%
$2,736–$3,344
4BR
$2,950
$3,190
+8.1%
$2,871–$3,509
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 10933
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,680
$1,870
$2,410
$3,040
$3,190
FY 2026
$1,490
$1,700
$2,170
$2,750
$2,950
FY 2025
$1,370
$1,560
$2,000
$2,560
$2,760
FY 2024
$1,270
$1,450
$1,870
$2,370
$2,620
FY 2023
$1,190
$1,310
$1,680
$2,140
$2,370
Two-bedroom rent in nearby Orange County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 10933?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,131, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,918 to $2,344 a month; under the ZIP-level Small Area FMR of $2,410 it would be $2,169 to $2,651. 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 10933 in?
ZIP 10933 is in the Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,131.
How much did fair market rent change in ZIP 10933 for FY 2027?
The two-bedroom FMR rose 11.1%, from $2,170 in FY 2026 to $2,410 in FY 2027. Since FY 2023 it has risen 43.5%.
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