FMR is near market; voucher and private rents are aligned.
0.95
1 BR
1 BR
1.02ratio
FMR$2,090
Market$2,050
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR
0.87ratio
FMR$2,680
Market$3,070
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR
1.07ratio
FMR$3,400
Market$3,170
vs market+$230
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR
0.93ratio
FMR$3,640
Market$3,920
vs market-$280
FMR is near market; voucher and private rents are aligned.
0.93
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
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ZIP 10996 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 10996 (West Point, NY) is $2,680 a month. That is down 9.8% from $2,970 in FY 2026. West Point 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, 10996 has the 5th-highest two-bedroom rent (county range $1,790–$3,950). The median county two-bedroom FMR in New York is $1,385, so ZIP 10996 is 94% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 10996
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,050
$1,850
−9.8%
$1,665–$2,035
1BR
$2,320
$2,090
−9.9%
$1,881–$2,299
2BR
$2,970
$2,680
−9.8%
$2,412–$2,948
3BR
$3,770
$3,400
−9.8%
$3,060–$3,740
4BR
$4,040
$3,640
−9.9%
$3,276–$4,004
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 10996
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,850
$2,090
$2,680
$3,400
$3,640
FY 2026
$2,050
$2,320
$2,970
$3,770
$4,040
FY 2025
$1,960
$2,240
$2,860
$3,650
$3,950
FY 2024
$1,860
$2,130
$2,740
$3,480
$3,840
FY 2023
$1,690
$1,850
$2,370
$3,020
$3,350
Two-bedroom rent in nearby Orange County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 10996?
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 $2,680 it would be $2,412 to $2,948. 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 10996 in?
ZIP 10996 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 10996 for FY 2027?
The two-bedroom FMR fell 9.8%, from $2,970 in FY 2026 to $2,680 in FY 2027. Since FY 2023 it has risen 13.1%.
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