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Queens County/Bellerose/11426

11426

ZIPSAFMR
Queens County, NY
Zillow

ZIP Investment Score

56Below average

095130300
BRFMR
Eff. Rent
0 BR$2,920$2,440
1 BR$3,080$2,400
2 BR$3,350$3,340
3 BR$4,240$3,790
4 BR$4,650$4,530
5 BR$5,348Not available
6 BR$6,150Not available
7 BR$7,072Not available
8 BR$8,133Not available

Purchase Price Calculator

Maximum purchase price
$434,406

Cost breakdown

+Likely effective rent$3,340
HUD FMR$3,350
Market rentUsed$3,340
Est. payment standard (100%)$3,340
-Principal and interest-$2,197
Loan amount$347,525
Down payment$86,881
Rate6.50%
Term30 years
-Operating costs-$943
Property taxes-$434
Insurance-$175
Utilities$0
HOA$0
Management-$334
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,053(61.1% ROI)
Projected value
$467,808
Return breakdown
Property appreciation+$33,402
Loan principal paid down+$12,451
Rental cash flow+$7,200
5-year hold
+$91,288(105.1% ROI)
Projected value
$491,491
Return breakdown
Property appreciation+$57,085
Loan principal paid down+$22,203
Rental cash flow+$12,000
10-year hold
+$198,577(228.6% ROI)
Projected value
$556,077
Return breakdown
Property appreciation+$121,670
Loan principal paid down+$52,907
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.20
1 BR
1.28
2 BR
1.00
3 BR
1.12
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11426 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11426 (Bellerose, NY) is $3,350 a month. That is up 0.6% from $3,330 in FY 2026. Bellerose 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 79 ZIP codes in Queens County, 11426 has the 20th-highest two-bedroom rent (county range $2,620–$4,380). The median county two-bedroom FMR in New York is $1,385, so ZIP 11426 is 142% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11426
BedroomsFY 2027Change90–110% range
Studio$2,920+1.0%$2,628–$3,212
1BR$3,080+1.3%$2,772–$3,388
2BR$3,350+0.6%$3,015–$3,685
3BR$4,240+1.7%$3,816–$4,664
4BR$4,650+2.6%$4,185–$5,115

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11426
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,920$3,080$3,350$4,240$4,650
FY 2026$2,890$3,040$3,330$4,170$4,530
FY 2025$2,680$2,800$3,100$3,860$4,170
FY 2024$2,700$2,770$3,110$3,880$4,180
FY 2023$2,440$2,500$2,820$3,540$3,820

Two-bedroom rent in nearby Queens County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11426
11420$3,210−4.2%
11421$3,040−9.3%
11422$3,630+8.4%
11423$2,690−19.7%
11424$3,050−9.0%
11426Current$3,350—
11427$2,690−19.7%
11428$2,900−13.4%
11429$2,660−20.6%
11430$2,880−14.0%
11431$3,050−9.0%
11432$3,310−1.2%

Questions about ZIP 11426 rents

How much will Section 8 pay for a two-bedroom in ZIP 11426?

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 $3,350 it would be $3,015 to $3,685. 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 11426 in?

ZIP 11426 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 11426 for FY 2027?

The two-bedroom FMR rose 0.6%, from $3,330 in FY 2026 to $3,350 in FY 2027. Since FY 2023 it has risen 18.8%.

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 rentBellerose, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources