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Nassau County/Jericho/11753

11753

ZIPSAFMR
Nassau County, NY
Zillow

ZIP Investment Score

39Below average

095130300
BRFMR
Eff. Rent
0 BR$2,130$2,340
1 BR$2,470$2,720
2 BR$2,910$3,200
3 BR$3,740$4,110
4 BR$3,970$4,370
5 BR$4,566Not available
6 BR$5,250Not available
7 BR$6,038Not available
8 BR$6,944Not available

Purchase Price Calculator

Maximum purchase price
$413,602

Cost breakdown

+Likely effective rent$3,200
HUD FMR$2,910
Market rent$3,810
Est. payment standard (110%)Used$3,200
-Principal and interest-$2,091
Loan amount$330,882
Down payment$82,720
Rate6.50%
Term30 years
-Operating costs-$909
Property taxes-$414
Insurance-$175
Utilities$0
HOA$0
Management-$320
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$50,857(61.5% ROI)
Projected value
$445,404
Return breakdown
Property appreciation+$31,802
Loan principal paid down+$11,855
Rental cash flow+$7,200
5-year hold
+$87,491(105.8% ROI)
Projected value
$467,953
Return breakdown
Property appreciation+$54,351
Loan principal paid down+$21,140
Rental cash flow+$12,000
10-year hold
+$190,217(230.0% ROI)
Projected value
$529,446
Return breakdown
Property appreciation+$115,844
Loan principal paid down+$50,373
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.67
1 BR
0.83
2 BR
0.76
3 BR
0.79
4 BR
0.68
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11753 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11753 (Jericho, NY) is $2,910 a month. That is down 5.5% from $3,080 in FY 2026. Jericho is in the Nassau-Suffolk, 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 $2,689. Among 86 ZIP codes in Nassau County, 11753 has the 33rd-highest two-bedroom rent (county range $2,480–$4,030). The median county two-bedroom FMR in New York is $1,385, so ZIP 11753 is 110% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11753
BedroomsFY 2027Change90–110% range
Studio$2,130−4.5%$1,917–$2,343
1BR$2,470−7.5%$2,223–$2,717
2BR$2,910−5.5%$2,619–$3,201
3BR$3,740−6.5%$3,366–$4,114
4BR$3,970−5.9%$3,573–$4,367

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11753
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,130$2,470$2,910$3,740$3,970
FY 2026$2,230$2,670$3,080$4,000$4,220
FY 2025$2,090$2,540$2,930$3,800$4,070
FY 2024$1,910$2,400$2,810$3,640$3,940
FY 2023$1,640$2,040$2,450$3,150$3,460

Two-bedroom rent in nearby Nassau County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11753
11724$3,180+9.3%
11732$3,500+20.3%
11735$2,700−7.2%
11743$2,940+1.0%
11753Current$2,910—
11756$2,920+0.3%
11758$2,770−4.8%
11762$2,800−3.8%
11765$2,760−5.2%
11771$2,480−14.8%
11773$2,710−6.9%
11783$3,200+10.0%

Questions about ZIP 11753 rents

How much will Section 8 pay for a two-bedroom in ZIP 11753?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,689, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,420 to $2,958 a month; under the ZIP-level Small Area FMR of $2,910 it would be $2,619 to $3,201. 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 11753 in?

ZIP 11753 is in the Nassau-Suffolk, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,689.

How much did fair market rent change in ZIP 11753 for FY 2027?

The two-bedroom FMR fell 5.5%, from $3,080 in FY 2026 to $2,910 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 rentJericho, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources