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Nassau County/Plainview/11803

11803

ZIPSAFMR
Nassau County, NY
Zillow

ZIP Investment Score

56Below average

095130300
BRFMR
Eff. Rent
0 BR$2,640$2,900
1 BR$3,070$2,980
2 BR$3,610$3,930
3 BR$4,640$4,700
4 BR$4,930$5,360
5 BR$5,670Not available
6 BR$6,520Not available
7 BR$7,498Not available
8 BR$8,623Not available

Purchase Price Calculator

Maximum purchase price
$522,080

Cost breakdown

+Likely effective rent$3,930
HUD FMR$3,610
Market rent$4,110
Est. payment standard (109%)Used$3,930
-Principal and interest-$2,640
Loan amount$417,664
Down payment$104,416
Rate6.50%
Term30 years
-Operating costs-$1,090
Property taxes-$522
Insurance-$175
Utilities$0
HOA$0
Management-$393
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$62,307(59.7% ROI)
Projected value
$562,223
Return breakdown
Property appreciation+$40,143
Loan principal paid down+$14,964
Rental cash flow+$7,200
5-year hold
+$107,290(102.8% ROI)
Projected value
$590,685
Return breakdown
Property appreciation+$68,606
Loan principal paid down+$26,685
Rental cash flow+$12,000
10-year hold
+$233,811(223.9% ROI)
Projected value
$668,306
Return breakdown
Property appreciation+$146,227
Loan principal paid down+$63,585
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.77
1 BR
1.03
2 BR
0.88
3 BR
0.98
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11803 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11803 (Plainview, NY) is $3,610 a month. That is up 8.1% from $3,340 in FY 2026. Plainview 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, 11803 has the 4th-highest two-bedroom rent (county range $2,480–$4,030). The median county two-bedroom FMR in New York is $1,385, so ZIP 11803 is 161% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11803
BedroomsFY 2027Change90–110% range
Studio$2,640+9.1%$2,376–$2,904
1BR$3,070+6.2%$2,763–$3,377
2BR$3,610+8.1%$3,249–$3,971
3BR$4,640+7.2%$4,176–$5,104
4BR$4,930+7.6%$4,437–$5,423

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11803
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,640$3,070$3,610$4,640$4,930
FY 2026$2,420$2,890$3,340$4,330$4,580
FY 2025$2,260$2,750$3,170$4,110$4,400
FY 2024$2,050$2,570$3,010$3,900$4,230
FY 2023$1,970$2,450$2,940$3,780$4,150

Two-bedroom rent in nearby Nassau County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11803
11762$2,800−22.4%
11765$2,760−23.5%
11771$2,480−31.3%
11773$2,710−24.9%
11783$3,200−11.4%
11791$4,030+11.6%
11793$2,850−21.1%
11797$3,920+8.6%
11801$3,530−2.2%
11802$2,710−24.9%
11803Current$3,610—
11804$3,030−16.1%

Questions about ZIP 11803 rents

How much will Section 8 pay for a two-bedroom in ZIP 11803?

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 $3,610 it would be $3,249 to $3,971. 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 11803 in?

ZIP 11803 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 11803 for FY 2027?

The two-bedroom FMR rose 8.1%, from $3,340 in FY 2026 to $3,610 in FY 2027. Since FY 2023 it has risen 22.8%.

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