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Nassau County/Old Bethpage/11804

11804

ZIPSAFMR
Nassau County, NY
Zillow

ZIP Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$2,210$2,430
1 BR$2,570$2,790
2 BR$3,030$3,330
3 BR$3,890$4,280
4 BR$4,130$4,540
5 BR$4,750Not available
6 BR$5,462Not available
7 BR$6,281Not available
8 BR$7,223Not available

Purchase Price Calculator

Maximum purchase price
$432,920

Cost breakdown

+Likely effective rent$3,330
HUD FMR$3,030
Market rent$4,000
Est. payment standard (110%)Used$3,330
-Principal and interest-$2,189
Loan amount$346,336
Down payment$86,584
Rate6.50%
Term30 years
-Operating costs-$941
Property taxes-$433
Insurance-$175
Utilities$0
HOA$0
Management-$333
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$52,896(61.1% ROI)
Projected value
$466,208
Return breakdown
Property appreciation+$33,288
Loan principal paid down+$12,408
Rental cash flow+$7,200
5-year hold
+$91,017(105.1% ROI)
Projected value
$489,809
Return breakdown
Property appreciation+$56,889
Loan principal paid down+$22,127
Rental cash flow+$12,000
10-year hold
+$197,980(228.7% ROI)
Projected value
$554,174
Return breakdown
Property appreciation+$121,254
Loan principal paid down+$52,726
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.82
1 BR
0.88
2 BR
0.76
3 BR
0.85
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11804 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11804 (Old Bethpage, NY) is $3,030 a month. That is down 2.6% from $3,110 in FY 2026. Old Bethpage 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, 11804 has the 25th-highest two-bedroom rent (county range $2,480–$4,030). The median county two-bedroom FMR in New York is $1,385, so ZIP 11804 is 119% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11804
BedroomsFY 2027Change90–110% range
Studio$2,210−2.2%$1,989–$2,431
1BR$2,570−4.5%$2,313–$2,827
2BR$3,030−2.6%$2,727–$3,333
3BR$3,890−3.7%$3,501–$4,279
4BR$4,130−3.3%$3,717–$4,543

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11804
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,210$2,570$3,030$3,890$4,130
FY 2026$2,260$2,690$3,110$4,040$4,270
FY 2025$2,110$2,560$2,950$3,830$4,100
FY 2024$1,940$2,440$2,850$3,690$4,000
FY 2023$1,770$2,200$2,640$3,390$3,730

Two-bedroom rent in nearby Nassau County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11804
11762$2,800−7.6%
11765$2,760−8.9%
11771$2,480−18.2%
11773$2,710−10.6%
11783$3,200+5.6%
11791$4,030+33.0%
11793$2,850−5.9%
11797$3,920+29.4%
11801$3,530+16.5%
11802$2,710−10.6%
11803$3,610+19.1%
11804Current$3,030—

Questions about ZIP 11804 rents

How much will Section 8 pay for a two-bedroom in ZIP 11804?

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 $3,030 it would be $2,727 to $3,333. 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 11804 in?

ZIP 11804 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 11804 for FY 2027?

The two-bedroom FMR fell 2.6%, from $3,110 in FY 2026 to $3,030 in FY 2027. Since FY 2023 it has risen 14.8%.

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