11429
ZIPSAFMR
Queens County, NY
BRFMR
Eff. Rent
0 BR$2,260$1,940
1 BR$2,370$1,930
2 BR$2,600$2,860
3 BR$3,260$3,590
4 BR$3,540$3,890
5 BR$4,071
6 BR$4,682
7 BR$5,384
8 BR$6,191

Purchase Price Calculator

Maximum purchase price
$363,078

Cost breakdown

+Likely effective rent$2,860
HUD FMR$2,600
Market rent$3,100
Est. payment standard (110%)Used$2,860
Estimated payment standard is $2,860 (110% of FMR).
-Principal and interest-$1,836
Loan amount$290,463
Down payment$72,616
Rate6.50%
Term30 years
-Operating costs-$824
Property taxes-$363
Insurance-$175
Utilities$0
HOA$0
Management-$286
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,524(62.7% ROI)
Projected value
$390,996
Current value$363,078
Return breakdown
Property appreciation+$27,917
Loan principal paid down+$10,407
Rental cash flow+$7,200
5-year hold
+$78,269(107.8% ROI)
Projected value
$410,790
Current value$363,078
Return breakdown
Property appreciation+$47,711
Loan principal paid down+$18,558
Rental cash flow+$12,000
10-year hold
+$169,912(234.0% ROI)
Projected value
$464,771
Current value$363,078
Return breakdown
Property appreciation+$101,693
Loan principal paid down+$44,220
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.16ratio
FMR$2,260
Market$1,940
vs market+$320

FMR is above market; underwrite to market rent.

90% standard$2,034 / 1.05 ratio110% standard$2,486 / 1.28 ratio
1.16
1 BR
1 BR
1.23ratio
FMR$2,370
Market$1,930
vs market+$440

FMR is above market; underwrite to market rent.

90% standard$2,133 / 1.11 ratio110% standard$2,607 / 1.35 ratio
1.23
2 BR
2 BR
0.84ratio
FMR$2,600
Market$3,100
vs market-$500

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

90% standard$2,340 / 0.75 ratio110% standard$2,860 / 0.92 ratio
0.84
3 BR
3 BR
0.80ratio
FMR$3,260
Market$4,100
vs market-$840

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

90% standard$2,934 / 0.72 ratio110% standard$3,586 / 0.87 ratio
0.80
4 BR
4 BR
0.79ratio
FMR$3,540
Market$4,500
vs market-$960

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

90% standard$3,186 / 0.71 ratio110% standard$3,894 / 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 11429 (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.

11429 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11429 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,600 and the 4 bedroom fair market rent is $3,540.

Use this page for searches like 11429 FMR, 11429 fair market rent, and 11429 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 11429
Bedroom sizeHUD FMR
Studio$2,260
1 bedroom$2,370
2 bedroom$2,600
3 bedroom$3,260
4 bedroom$3,540