11355
ZIPSAFMR
Queens County, NY
BRFMR
Eff. Rent
0 BR$2,620$2,110
1 BR$2,750$2,740
2 BR$3,010$3,240
3 BR$3,770$3,850
4 BR$4,100$3,910
5 BR$4,715
6 BR$5,422
7 BR$6,236
8 BR$7,171

Purchase Price Calculator

Maximum purchase price
$419,546

Cost breakdown

+Likely effective rent$3,240
HUD FMR$3,010
Market rent$3,370
Est. payment standard (108%)Used$3,240
Estimated payment standard is $3,240 (108% of FMR).
-Principal and interest-$2,121
Loan amount$335,637
Down payment$83,909
Rate6.50%
Term30 years
-Operating costs-$919
Property taxes-$420
Insurance-$175
Utilities$0
HOA$0
Management-$324
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,484(61.4% ROI)
Projected value
$451,805
Current value$419,546
Return breakdown
Property appreciation+$32,259
Loan principal paid down+$12,025
Rental cash flow+$7,200
5-year hold
+$88,576(105.6% ROI)
Projected value
$474,678
Current value$419,546
Return breakdown
Property appreciation+$55,132
Loan principal paid down+$21,444
Rental cash flow+$12,000
10-year hold
+$192,605(229.5% ROI)
Projected value
$537,055
Current value$419,546
Return breakdown
Property appreciation+$117,508
Loan principal paid down+$51,097
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
1.24ratio
FMR$2,620
Market$2,110
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$2,358 / 1.12 ratio110% standard$2,882 / 1.37 ratio
1.24
1 BR
1 BR
1.00ratio
FMR$2,750
Market$2,740
vs market+$10

FMR is near market; voucher and private rents are aligned.

90% standard$2,475 / 0.90 ratio110% standard$3,025 / 1.10 ratio
1.00
2 BR
2 BR
0.89ratio
FMR$3,010
Market$3,370
vs market-$360

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

90% standard$2,709 / 0.80 ratio110% standard$3,311 / 0.98 ratio
0.89
3 BR
3 BR
0.97ratio
FMR$3,770
Market$3,900
vs market-$130

FMR is near market; voucher and private rents are aligned.

90% standard$3,393 / 0.87 ratio110% standard$4,147 / 1.06 ratio
0.97
4 BR
4 BR
1.05ratio
FMR$4,100
Market$3,910
vs market+$190

FMR is near market; voucher and private rents are aligned.

90% standard$3,690 / 0.94 ratio110% standard$4,510 / 1.15 ratio
1.05
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 11355 (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.

11355 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11355 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,010 and the 4 bedroom fair market rent is $4,100.

Use this page for searches like 11355 FMR, 11355 fair market rent, and 11355 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 11355
Bedroom sizeHUD FMR
Studio$2,620
1 bedroom$2,750
2 bedroom$3,010
3 bedroom$3,770
4 bedroom$4,100