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Kings County/Brooklyn/11222

11222

ZIPSAFMR
Kings County, NY
Zillow

ZIP Investment Score

32Below average

095130300
BRFMR
Eff. Rent
0 BR$3,670$3,750
1 BR$3,870$4,120
2 BR$4,210$4,630
3 BR$5,330$5,860
4 BR$5,840$4,270
5 BR$6,716Not available
6 BR$7,723Not available
7 BR$8,882Not available
8 BR$10,214Not available

Purchase Price Calculator

Maximum purchase price
$626,100

Cost breakdown

+Likely effective rent$4,630
HUD FMR$4,210
Market rent$4,880
Est. payment standard (110%)Used$4,630
-Principal and interest-$3,166
Loan amount$500,880
Down payment$125,220
Rate6.50%
Term30 years
-Operating costs-$1,264
Property taxes-$626
Insurance-$175
Utilities$0
HOA$0
Management-$463
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$73,286(58.5% ROI)
Projected value
$674,241
Return breakdown
Property appreciation+$48,141
Loan principal paid down+$17,945
Rental cash flow+$7,200
5-year hold
+$126,276(100.8% ROI)
Projected value
$708,374
Return breakdown
Property appreciation+$82,275
Loan principal paid down+$32,001
Rental cash flow+$12,000
10-year hold
+$275,614(220.1% ROI)
Projected value
$801,460
Return breakdown
Property appreciation+$175,361
Loan principal paid down+$76,253
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.97
1 BR
0.91
2 BR
0.86
3 BR
0.63
4 BR
1.37
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11222 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11222 (Brooklyn, NY) is $4,210 a month. That is up 5.8% from $3,980 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, 11222 has the 7th-highest two-bedroom rent (county range $2,620–$4,460). The median county two-bedroom FMR in New York is $1,385, so ZIP 11222 is 204% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11222
BedroomsFY 2027Change90–110% range
Studio$3,670+6.1%$3,303–$4,037
1BR$3,870+6.6%$3,483–$4,257
2BR$4,210+5.8%$3,789–$4,631
3BR$5,330+7.0%$4,797–$5,863
4BR$5,840+7.7%$5,256–$6,424

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11222
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,670$3,870$4,210$5,330$5,840
FY 2026$3,460$3,630$3,980$4,980$5,420
FY 2025$3,070$3,210$3,550$4,420$4,770
FY 2024$3,050$3,140$3,520$4,390$4,730
FY 2023$2,810$2,870$3,240$4,070$4,380

Two-bedroom rent in nearby Kings County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11222
11216$3,910−7.1%
11217$4,460+5.9%
11218$3,270−22.3%
11219$2,820−33.0%
11220$2,650−37.1%
11221$3,370−20.0%
11222Current$4,210—
11223$2,940−30.2%
11224$2,620−37.8%
11225$2,950−29.9%
11226$2,920−30.6%
11228$2,920−30.6%

Questions about ZIP 11222 rents

How much will Section 8 pay for a two-bedroom in ZIP 11222?

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 $4,210 it would be $3,789 to $4,631. 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 11222 in?

ZIP 11222 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 11222 for FY 2027?

The two-bedroom FMR rose 5.8%, from $3,980 in FY 2026 to $4,210 in FY 2027. Since FY 2023 it has risen 29.9%.

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