11023
ZIPSAFMR
Nassau County, NY
BRFMR
Eff. Rent
0 BR$2,090$2,300
1 BR$2,500$2,750
2 BR$2,890$3,180
3 BR$3,750$4,130
4 BR$3,970$4,370
5 BR$4,566
6 BR$5,250
7 BR$6,038
8 BR$6,944

Purchase Price Calculator

Maximum purchase price
$410,630

Cost breakdown

+Likely effective rent$3,180
HUD FMR$2,890
Market rent$4,740
Est. payment standard (110%)Used$3,180
Estimated payment standard is $3,180 (110% of FMR).
-Principal and interest-$2,076
Loan amount$328,504
Down payment$82,126
Rate6.50%
Term30 years
-Operating costs-$904
Property taxes-$411
Insurance-$175
Utilities$0
HOA$0
Management-$318
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,543(61.5% ROI)
Projected value
$442,204
Current value$410,630
Return breakdown
Property appreciation+$31,574
Loan principal paid down+$11,770
Rental cash flow+$7,200
5-year hold
+$86,948(105.9% ROI)
Projected value
$464,590
Current value$410,630
Return breakdown
Property appreciation+$53,960
Loan principal paid down+$20,988
Rental cash flow+$12,000
10-year hold
+$189,022(230.2% ROI)
Projected value
$525,641
Current value$410,630
Return breakdown
Property appreciation+$115,011
Loan principal paid down+$50,011
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.85ratio
FMR$2,090
Market$2,450
vs market-$360

FMR is below market; voucher rent may lag private rents.

90% standard$1,881 / 0.77 ratio110% standard$2,299 / 0.94 ratio
0.85
1 BR
1 BR
0.80ratio
FMR$2,500
Market$3,140
vs market-$640

FMR is below market; voucher rent may lag private rents.

90% standard$2,250 / 0.72 ratio110% standard$2,750 / 0.88 ratio
0.80
2 BR
2 BR
0.61ratio
FMR$2,890
Market$4,740
vs market-$1,850

FMR is below market; voucher rent may lag private rents.

90% standard$2,601 / 0.55 ratio110% standard$3,179 / 0.67 ratio
0.61
3 BR
3 BR
0.65ratio
FMR$3,750
Market$5,780
vs market-$2,030

FMR is below market; voucher rent may lag private rents.

90% standard$3,375 / 0.58 ratio110% standard$4,125 / 0.71 ratio
0.65
4 BR
4 BR
0.57ratio
FMR$3,970
Market$6,990
vs market-$3,020

FMR is below market; voucher rent may lag private rents.

90% standard$3,573 / 0.51 ratio110% standard$4,367 / 0.62 ratio
0.57
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 11023 (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

11023 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11023 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,890 and the 4 bedroom fair market rent is $3,970.

Use this page for searches like 11023 FMR, 11023 fair market rent, and 11023 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 11023
Bedroom sizeHUD FMR
Studio$2,090
1 bedroom$2,500
2 bedroom$2,890
3 bedroom$3,750
4 bedroom$3,970