FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR
1.16ratio
FMR$2,729
Market$2,360
vs market+$369
FMR is above market; underwrite to market rent.
1.16
2 BR
2 BR
1.01ratio
FMR$2,971
Market$2,950
vs market+$21
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR
1.12ratio
FMR$3,760
Market$3,360
vs market+$400
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR
1.11ratio
FMR$4,121
Market$3,710
vs market+$411
FMR is above market; underwrite to market rent.
1.11
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 11425 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 11425 (Jamaica, NY) is $2,971 a month. That is up 2.1% from $2,910 in FY 2026. Jamaica is in the New York, NY HUD Metro FMR Area. The median county two-bedroom FMR in New York is $1,385, so ZIP 11425 is 115% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 11425
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,529
$2,593
+2.5%
$2,334–$2,852
1BR
$2,655
$2,729
+2.8%
$2,456–$3,002
2BR
$2,910
$2,971
+2.1%
$2,674–$3,268
3BR
$3,644
$3,760
+3.2%
$3,384–$4,136
4BR
$3,959
$4,121
+4.1%
$3,709–$4,533
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 11425
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,593
$2,729
$2,971
$3,760
$4,121
FY 2026
$2,529
$2,655
$2,910
$3,644
$3,959
FY 2025SAFMR
$2,400
$2,500
$2,770
$3,450
$3,720
FY 2024SAFMR
$2,370
$2,430
$2,730
$3,410
$3,670
FY 2023SAFMR
$2,090
$2,130
$2,410
$3,030
$3,260
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about ZIP 11425 rents
How much will Section 8 pay for a two-bedroom in ZIP 11425?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,971, that basic range is $2,674 to $3,268 a month. 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 11425 in?
ZIP 11425 is in the New York, NY HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 11425 for FY 2027?
The two-bedroom FMR rose 2.1%, from $2,910 in FY 2026 to $2,971 in FY 2027.
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 Fair Market Rents. 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