11362
ZIPSAFMR
Queens County, NY
BRFMR
Eff. Rent
0 BR$3,400$2,680
1 BR$3,570$2,930
2 BR$3,910$3,770
3 BR$4,900$4,390
4 BR$5,320$5,500
5 BR$6,118
6 BR$7,036
7 BR$8,091
8 BR$9,305

Purchase Price Calculator

Maximum purchase price
$498,304

Cost breakdown

+Likely effective rent$3,770
HUD FMR$3,910
Market rentUsed$3,770
Est. payment standard (98%)$3,820
Market rent is below the inferred standard ($3,820, 98% of FMR).
-Principal and interest-$2,520
Loan amount$398,643
Down payment$99,661
Rate6.50%
Term30 years
-Operating costs-$1,050
Property taxes-$498
Insurance-$175
Utilities$0
HOA$0
Management-$377
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$59,797(60.0% ROI)
Projected value
$536,619
Current value$498,304
Return breakdown
Property appreciation+$38,315
Loan principal paid down+$14,282
Rental cash flow+$7,200
5-year hold
+$102,951(103.3% ROI)
Projected value
$563,785
Current value$498,304
Return breakdown
Property appreciation+$65,481
Loan principal paid down+$25,469
Rental cash flow+$12,000
10-year hold
+$224,256(225.0% ROI)
Projected value
$637,871
Current value$498,304
Return breakdown
Property appreciation+$139,567
Loan principal paid down+$60,689
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
1.27ratio
FMR$3,400
Market$2,680
vs market+$720

FMR is above market; underwrite to market rent.

90% standard$3,060 / 1.14 ratio110% standard$3,740 / 1.40 ratio
1.27
1 BR
1 BR
1.22ratio
FMR$3,570
Market$2,930
vs market+$640

FMR is above market; underwrite to market rent.

90% standard$3,213 / 1.10 ratio110% standard$3,927 / 1.34 ratio
1.22
2 BR
2 BR
1.04ratio
FMR$3,910
Market$3,770
vs market+$140

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

90% standard$3,519 / 0.93 ratio110% standard$4,301 / 1.14 ratio
1.04
3 BR
3 BR
1.12ratio
FMR$4,900
Market$4,390
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$4,410 / 1.00 ratio110% standard$5,390 / 1.23 ratio
1.12
4 BR
4 BR
0.95ratio
FMR$5,320
Market$5,600
vs market-$280

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

90% standard$4,788 / 0.85 ratio110% standard$5,852 / 1.04 ratio
0.95
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

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 11362 (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.

11362 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11362 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,910 and the 4 bedroom fair market rent is $5,320.

Use this page for searches like 11362 FMR, 11362 fair market rent, and 11362 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 11362
Bedroom sizeHUD FMR
Studio$3,400
1 bedroom$3,570
2 bedroom$3,910
3 bedroom$4,900
4 bedroom$5,320