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Queens County/Astoria/11102

11102

ZIPSAFMR
Queens County, NY
Zillow

ZIP Investment Score

45Below average

095130300
BRFMR
Eff. Rent
0 BR$3,420$2,860
1 BR$3,600$2,970
2 BR$3,920$3,350
3 BR$4,960$3,760
4 BR$5,440$3,770
5 BR$6,256Not available
6 BR$7,194Not available
7 BR$8,274Not available
8 BR$9,515Not available

Purchase Price Calculator

Maximum purchase price
$435,892

Cost breakdown

+Likely effective rent$3,350
HUD FMR$3,920
Market rentUsed$3,350
Est. payment standard (91%)$3,550
-Principal and interest-$2,204
Loan amount$348,714
Down payment$87,178
Rate6.50%
Term30 years
-Operating costs-$946
Property taxes-$436
Insurance-$175
Utilities$0
HOA$0
Management-$335
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,210(61.0% ROI)
Projected value
$469,408
Return breakdown
Property appreciation+$33,516
Loan principal paid down+$12,494
Rental cash flow+$7,200
5-year hold
+$91,559(105.0% ROI)
Projected value
$493,172
Return breakdown
Property appreciation+$57,280
Loan principal paid down+$22,279
Rental cash flow+$12,000
10-year hold
+$199,174(228.5% ROI)
Projected value
$557,979
Return breakdown
Property appreciation+$122,087
Loan principal paid down+$53,088
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.20
1 BR
1.21
2 BR
1.17
3 BR
1.32
4 BR
1.44
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11102 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11102 (Astoria, NY) is $3,920 a month. That is up 1.3% from $3,870 in FY 2026. Astoria 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 79 ZIP codes in Queens County, 11102 has the 4th-highest two-bedroom rent (county range $2,620–$4,380). The median county two-bedroom FMR in New York is $1,385, so ZIP 11102 is 183% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11102
BedroomsFY 2027Change90–110% range
Studio$3,420+1.8%$3,078–$3,762
1BR$3,600+2.0%$3,240–$3,960
2BR$3,920+1.3%$3,528–$4,312
3BR$4,960+2.3%$4,464–$5,456
4BR$5,440+3.2%$4,896–$5,984

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11102
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,420$3,600$3,920$4,960$5,440
FY 2026$3,360$3,530$3,870$4,850$5,270
FY 2025$3,080$3,220$3,560$4,440$4,790
FY 2024$2,990$3,070$3,450$4,300$4,640
FY 2023$2,680$2,740$3,100$3,890$4,190

Two-bedroom rent in nearby Queens County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11102
11001$2,690−31.4%
11004$3,110−20.7%
11005$3,490−11.0%
11020$3,360−14.3%
11040$2,920−25.5%
11101$4,180+6.6%
11102Current$3,920—
11103$3,600−8.2%
11104$3,320−15.3%
11105$3,780−3.6%
11106$3,460−11.7%
11109$4,180+6.6%

Questions about ZIP 11102 rents

How much will Section 8 pay for a two-bedroom in ZIP 11102?

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 $3,920 it would be $3,528 to $4,312. 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 11102 in?

ZIP 11102 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 11102 for FY 2027?

The two-bedroom FMR rose 1.3%, from $3,870 in FY 2026 to $3,920 in FY 2027. Since FY 2023 it has risen 26.5%.

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

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