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11439

ZIPSAFMR
Queens County, NY
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$2,880$2,170
1 BR$3,030$2,450
2 BR$3,300$3,390
3 BR$4,180$4,320
4 BR$4,580$5,040
5 BR$5,267Not available
6 BR$6,057Not available
7 BR$6,966Not available
8 BR$8,010Not available

Purchase Price Calculator

Maximum purchase price
$441,836

Cost breakdown

+Likely effective rent$3,390
HUD FMR$3,300
Market rent$3,440
Est. payment standard (103%)Used$3,390
-Principal and interest-$2,234
Loan amount$353,469
Down payment$88,367
Rate6.50%
Term30 years
-Operating costs-$956
Property taxes-$442
Insurance-$175
Utilities$0
HOA$0
Management-$339
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,837(60.9% ROI)
Projected value
$475,809
Return breakdown
Property appreciation+$33,973
Loan principal paid down+$12,664
Rental cash flow+$7,200
5-year hold
+$92,644(104.8% ROI)
Projected value
$499,897
Return breakdown
Property appreciation+$58,061
Loan principal paid down+$22,583
Rental cash flow+$12,000
10-year hold
+$201,563(228.1% ROI)
Projected value
$565,588
Return breakdown
Property appreciation+$123,751
Loan principal paid down+$53,812
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.33
1 BR
1.24
2 BR
0.96
3 BR
0.95
4 BR
0.83
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 11439 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11439 (Jamaica, NY) is $3,300 a month. That is up 4.4% from $3,160 in FY 2026. Jamaica 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, 11439 has the 27th-highest two-bedroom rent (county range $2,620–$4,380). The median county two-bedroom FMR in New York is $1,385, so ZIP 11439 is 138% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11439
BedroomsFY 2027Change90–110% range
Studio$2,880+5.1%$2,592–$3,168
1BR$3,030+5.2%$2,727–$3,333
2BR$3,300+4.4%$2,970–$3,630
3BR$4,180+5.6%$3,762–$4,598
4BR$4,580+6.8%$4,122–$5,038

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11439
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,880$3,030$3,300$4,180$4,580
FY 2026$2,740$2,880$3,160$3,960$4,290
FY 2025$2,530$2,640$2,920$3,640$3,920
FY 2024$2,440$2,510$2,820$3,520$3,790
FY 2023$2,180$2,230$2,520$3,170$3,410

Two-bedroom rent in nearby Queens County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11439
11427$2,690−18.5%
11428$2,900−12.1%
11429$2,660−19.4%
11430$2,880−12.7%
11431$3,050−7.6%
11432$3,310+0.3%
11433$2,700−18.2%
11434$2,620−20.6%
11435$3,070−7.0%
11436$3,320+0.6%
11437$3,050−7.6%
11439Current$3,300—

Questions about ZIP 11439 rents

How much will Section 8 pay for a two-bedroom in ZIP 11439?

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 $3,300 it would be $2,970 to $3,630. 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 11439 in?

ZIP 11439 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 11439 for FY 2027?

The two-bedroom FMR rose 4.4%, from $3,160 in FY 2026 to $3,300 in FY 2027. Since FY 2023 it has risen 31.0%.

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