11385
ZIPSAFMR
Queens County, NY
BRFMR
Eff. Rent
0 BR$2,570$2,230
1 BR$2,700$2,820
2 BR$2,960$3,260
3 BR$3,710$3,640
4 BR$4,030$1,230
5 BR$4,635
6 BR$5,330
7 BR$6,129
8 BR$7,048

Purchase Price Calculator

Maximum purchase price
$422,518

Cost breakdown

+Likely effective rent$3,260
HUD FMR$2,960
Market rent$3,420
Est. payment standard (110%)Used$3,260
Estimated payment standard is $3,260 (110% of FMR).
-Principal and interest-$2,136
Loan amount$338,015
Down payment$84,504
Rate6.50%
Term30 years
-Operating costs-$924
Property taxes-$423
Insurance-$175
Utilities$0
HOA$0
Management-$326
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$51,798(61.3% ROI)
Projected value
$455,006
Current value$422,518
Return breakdown
Property appreciation+$32,488
Loan principal paid down+$12,110
Rental cash flow+$7,200
5-year hold
+$89,118(105.5% ROI)
Projected value
$478,041
Current value$422,518
Return breakdown
Property appreciation+$55,522
Loan principal paid down+$21,596
Rental cash flow+$12,000
10-year hold
+$193,800(229.3% ROI)
Projected value
$540,859
Current value$422,518
Return breakdown
Property appreciation+$118,341
Loan principal paid down+$51,459
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
1.15ratio
FMR$2,570
Market$2,230
vs market+$340

FMR is above market; underwrite to market rent.

90% standard$2,313 / 1.04 ratio110% standard$2,827 / 1.27 ratio
1.15
1 BR
1 BR
0.93ratio
FMR$2,700
Market$2,890
vs market-$190

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

90% standard$2,430 / 0.84 ratio110% standard$2,970 / 1.03 ratio
0.93
2 BR
2 BR
0.87ratio
FMR$2,960
Market$3,420
vs market-$460

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

90% standard$2,664 / 0.78 ratio110% standard$3,256 / 0.95 ratio
0.87
3 BR
3 BR
1.02ratio
FMR$3,710
Market$3,640
vs market+$70

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

90% standard$3,339 / 0.92 ratio110% standard$4,081 / 1.12 ratio
1.02
4 BR
4 BR
3.28ratio
FMR$4,030
Market$1,230
vs market+$2,800

FMR is above market; underwrite to market rent.

3.28
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 11385 (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.

11385 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11385 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,960 and the 4 bedroom fair market rent is $4,030.

Use this page for searches like 11385 FMR, 11385 fair market rent, and 11385 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 11385
Bedroom sizeHUD FMR
Studio$2,570
1 bedroom$2,700
2 bedroom$2,960
3 bedroom$3,710
4 bedroom$4,030