11428
ZIPSAFMR
Queens County, NY
BRFMR
Eff. Rent
0 BR$2,420$2,240
1 BR$2,540$2,140
2 BR$2,780$2,940
3 BR$3,480$3,810
4 BR$3,780$4,160
5 BR$4,347
6 BR$4,999
7 BR$5,749
8 BR$6,611

Purchase Price Calculator

Maximum purchase price
$374,966

Cost breakdown

+Likely effective rent$2,940
HUD FMR$2,780
Market rent$3,020
Est. payment standard (106%)Used$2,940
Estimated payment standard is $2,940 (106% of FMR).
-Principal and interest-$1,896
Loan amount$299,973
Down payment$74,993
Rate6.50%
Term30 years
-Operating costs-$844
Property taxes-$375
Insurance-$175
Utilities$0
HOA$0
Management-$294
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,779(62.4% ROI)
Projected value
$403,798
Current value$374,966
Return breakdown
Property appreciation+$28,831
Loan principal paid down+$10,747
Rental cash flow+$7,200
5-year hold
+$80,439(107.3% ROI)
Projected value
$424,240
Current value$374,966
Return breakdown
Property appreciation+$49,274
Loan principal paid down+$19,165
Rental cash flow+$12,000
10-year hold
+$174,690(232.9% ROI)
Projected value
$479,989
Current value$374,966
Return breakdown
Property appreciation+$105,022
Loan principal paid down+$45,668
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
1.08ratio
FMR$2,420
Market$2,240
vs market+$180

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

90% standard$2,178 / 0.97 ratio110% standard$2,662 / 1.19 ratio
1.08
1 BR
1 BR
1.19ratio
FMR$2,540
Market$2,140
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$2,286 / 1.07 ratio110% standard$2,794 / 1.31 ratio
1.19
2 BR
2 BR
0.92ratio
FMR$2,780
Market$3,020
vs market-$240

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

90% standard$2,502 / 0.83 ratio110% standard$3,058 / 1.01 ratio
0.92
3 BR
3 BR
0.87ratio
FMR$3,480
Market$3,980
vs market-$500

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

90% standard$3,132 / 0.79 ratio110% standard$3,828 / 0.96 ratio
0.87
4 BR
4 BR
0.79ratio
FMR$3,780
Market$4,760
vs market-$980

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

90% standard$3,402 / 0.71 ratio110% standard$4,158 / 0.87 ratio
0.79
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 11428 (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.

11428 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11428 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,780 and the 4 bedroom fair market rent is $3,780.

Use this page for searches like 11428 FMR, 11428 fair market rent, and 11428 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 11428
Bedroom sizeHUD FMR
Studio$2,420
1 bedroom$2,540
2 bedroom$2,780
3 bedroom$3,480
4 bedroom$3,780