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Queens County/Astoria/11106

11106

ZIPSAFMR
Queens County, NY
Zillow

ZIP Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$3,020$2,920
1 BR$3,180$3,230
2 BR$3,460$3,810
3 BR$4,380$3,720
4 BR$4,800$3,890
5 BR$5,520Not available
6 BR$6,348Not available
7 BR$7,300Not available
8 BR$8,395Not available

Purchase Price Calculator

Maximum purchase price
$504,248

Cost breakdown

+Likely effective rent$3,810
HUD FMR$3,460
Market rent$4,230
Est. payment standard (110%)Used$3,810
-Principal and interest-$2,550
Loan amount$403,398
Down payment$100,850
Rate6.50%
Term30 years
-Operating costs-$1,060
Property taxes-$504
Insurance-$175
Utilities$0
HOA$0
Management-$381
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$60,425(59.9% ROI)
Projected value
$543,020
Return breakdown
Property appreciation+$38,772
Loan principal paid down+$14,453
Rental cash flow+$7,200
5-year hold
+$104,036(103.2% ROI)
Projected value
$570,510
Return breakdown
Property appreciation+$66,262
Loan principal paid down+$25,773
Rental cash flow+$12,000
10-year hold
+$226,645(224.7% ROI)
Projected value
$645,480
Return breakdown
Property appreciation+$141,232
Loan principal paid down+$61,413
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.03
1 BR
0.98
2 BR
0.82
3 BR
1.18
4 BR
1.23
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11106 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11106 (Astoria, NY) is $3,460 a month. That is up 4.2% from $3,320 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, 11106 has the 16th-highest two-bedroom rent (county range $2,620–$4,380). The median county two-bedroom FMR in New York is $1,385, so ZIP 11106 is 150% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11106
BedroomsFY 2027Change90–110% range
Studio$3,020+4.5%$2,718–$3,322
1BR$3,180+5.0%$2,862–$3,498
2BR$3,460+4.2%$3,114–$3,806
3BR$4,380+5.3%$3,942–$4,818
4BR$4,800+6.2%$4,320–$5,280

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11106
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,020$3,180$3,460$4,380$4,800
FY 2026$2,890$3,030$3,320$4,160$4,520
FY 2025$2,660$2,770$3,070$3,830$4,130
FY 2024$2,710$2,790$3,130$3,910$4,210
FY 2023$2,530$2,590$2,920$3,670$3,950

Two-bedroom rent in nearby Queens County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11106
11004$3,110−10.1%
11005$3,490+0.9%
11020$3,360−2.9%
11040$2,920−15.6%
11101$4,180+20.8%
11102$3,920+13.3%
11103$3,600+4.0%
11104$3,320−4.0%
11105$3,780+9.2%
11106Current$3,460—
11109$4,180+20.8%
11208$2,790−19.4%

Questions about ZIP 11106 rents

How much will Section 8 pay for a two-bedroom in ZIP 11106?

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 $3,460 it would be $3,114 to $3,806. 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 11106 in?

ZIP 11106 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 11106 for FY 2027?

The two-bedroom FMR rose 4.2%, from $3,320 in FY 2026 to $3,460 in FY 2027. Since FY 2023 it has risen 18.5%.

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