Skip to main content
Loading page
Kings County/Brooklyn/11211

11211

ZIPSAFMR
Kings County, NY
Zillow

ZIP Investment Score

32Below average

095130300
BRFMR
Eff. Rent
0 BR$3,330$3,510
1 BR$3,510$3,860
2 BR$3,820$4,200
3 BR$4,830$5,310
4 BR$5,300$5,830
5 BR$6,095Not available
6 BR$7,009Not available
7 BR$8,061Not available
8 BR$9,270Not available

Purchase Price Calculator

Maximum purchase price
$562,202

Cost breakdown

+Likely effective rent$4,200
HUD FMR$3,820
Market rent$5,600
Est. payment standard (110%)Used$4,200
-Principal and interest-$2,843
Loan amount$449,761
Down payment$112,440
Rate6.50%
Term30 years
-Operating costs-$1,157
Property taxes-$562
Insurance-$175
Utilities$0
HOA$0
Management-$420
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$66,542(59.2% ROI)
Projected value
$605,430
Return breakdown
Property appreciation+$43,228
Loan principal paid down+$16,114
Rental cash flow+$7,200
5-year hold
+$114,613(101.9% ROI)
Projected value
$636,080
Return breakdown
Property appreciation+$73,878
Loan principal paid down+$28,735
Rental cash flow+$12,000
10-year hold
+$249,935(222.3% ROI)
Projected value
$719,666
Return breakdown
Property appreciation+$157,464
Loan principal paid down+$68,471
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.92
1 BR
0.73
2 BR
0.68
3 BR
0.67
4 BR
0.86
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11211 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11211 (Brooklyn, NY) is $3,820 a month. That is up 5.8% from $3,610 in FY 2026. Brooklyn 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 50 ZIP codes in Kings County, 11211 has the 9th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 11211 is 176% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11211
BedroomsFY 2027Change90–110% range
Studio$3,330+6.1%$2,997–$3,663
1BR$3,510+6.7%$3,159–$3,861
2BR$3,820+5.8%$3,438–$4,202
3BR$4,830+6.9%$4,347–$5,313
4BR$5,300+7.9%$4,770–$5,830

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11211
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,330$3,510$3,820$4,830$5,300
FY 2026$3,140$3,290$3,610$4,520$4,910
FY 2025$2,860$2,990$3,310$4,130$4,450
FY 2024$2,840$2,920$3,280$4,090$4,410
FY 2023$2,550$2,610$2,950$3,710$3,990

Two-bedroom rent in nearby Kings County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11211
11205$3,710−2.9%
11206$2,890−24.3%
11207$2,620−31.4%
11208$2,790−27.0%
11209$3,350−12.3%
11210$2,910−23.8%
11211Current$3,820—
11212$2,620−31.4%
11213$2,970−22.3%
11214$2,880−24.6%
11215$4,460+16.8%
11216$3,910+2.4%

Questions about ZIP 11211 rents

How much will Section 8 pay for a two-bedroom in ZIP 11211?

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 $3,820 it would be $3,438 to $4,202. 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 11211 in?

ZIP 11211 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 11211 for FY 2027?

The two-bedroom FMR rose 5.8%, from $3,610 in FY 2026 to $3,820 in FY 2027. Since FY 2023 it has risen 29.5%.

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