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Suffolk County/Riverhead/11901

11901

ZIPSAFMR
Suffolk County, NY
Zillow

ZIP Investment Score

66Below average

095130300
BRFMR
Eff. Rent
0 BR$1,880$2,070
1 BR$2,180$2,400
2 BR$2,570$2,830
3 BR$3,310$3,640
4 BR$3,510$3,860
5 BR$4,036Not available
6 BR$4,642Not available
7 BR$5,338Not available
8 BR$6,139Not available

Purchase Price Calculator

Maximum purchase price
$358,620

Cost breakdown

+Likely effective rent$2,830
HUD FMR$2,570
Market rent$4,910
Est. payment standard (110%)Used$2,830
-Principal and interest-$1,813
Loan amount$286,896
Down payment$71,724
Rate6.50%
Term30 years
-Operating costs-$817
Property taxes-$359
Insurance-$175
Utilities$0
HOA$0
Management-$283
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,053(62.8% ROI)
Projected value
$386,195
Return breakdown
Property appreciation+$27,575
Loan principal paid down+$10,279
Rental cash flow+$7,200
5-year hold
+$77,456(108.0% ROI)
Projected value
$405,746
Return breakdown
Property appreciation+$47,126
Loan principal paid down+$18,330
Rental cash flow+$12,000
10-year hold
+$168,121(234.4% ROI)
Projected value
$459,064
Return breakdown
Property appreciation+$100,444
Loan principal paid down+$43,677
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.71
1 BR
0.84
2 BR
0.52
3 BR
0.35
4 BR
0.34
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 11901 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 11901 (Riverhead, NY) is $2,570 a month. That is down 0.4% from $2,580 in FY 2026. Riverhead 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 111 ZIP codes in Suffolk County, 11901 is tied for the 86th-highest two-bedroom rent (county range $2,480–$3,920). The median county two-bedroom FMR in New York is $1,385, so ZIP 11901 is 86% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 11901
BedroomsFY 2027Change90–110% range
Studio$1,880+0.5%$1,692–$2,068
1BR$2,180−2.2%$1,962–$2,398
2BR$2,570−0.4%$2,313–$2,827
3BR$3,310−1.2%$2,979–$3,641
4BR$3,510−0.8%$3,159–$3,861

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 11901
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$2,180$2,570$3,310$3,510
FY 2026$1,870$2,230$2,580$3,350$3,540
FY 2025$1,660$2,010$2,320$3,010$3,220
FY 2024$1,500$1,880$2,200$2,850$3,090
FY 2023$1,320$1,640$1,970$2,530$2,780

Two-bedroom rent in nearby Suffolk County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 11901
11901Current$2,570—
11930$3,270+27.2%
11931$2,5700.0%
11932$2,670+3.9%
11933$2,510−2.3%
11934$2,500−2.7%
11935$2,5700.0%
11937$3,450+34.2%
11939$2,950+14.8%
11940$2,700+5.1%
11941$2,650+3.1%
11942$2,480−3.5%

Questions about ZIP 11901 rents

How much will Section 8 pay for a two-bedroom in ZIP 11901?

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 $2,570 it would be $2,313 to $2,827. 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 11901 in?

ZIP 11901 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 11901 for FY 2027?

The two-bedroom FMR fell 0.4%, from $2,580 in FY 2026 to $2,570 in FY 2027. Since FY 2023 it has risen 30.5%.

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