FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR
0.94ratio
FMR$930
Market$990
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.94
2 BR
2 BR
0.96ratio
FMR$1,160
Market$1,210
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR
0.69ratio
FMR$1,460
Market$2,110
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.69
4 BR
4 BR
0.79ratio
FMR$1,940
Market$2,470
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.79
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 13738 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 13738 (Blodgett Mills, NY) is $1,160 a month. That is unchanged from FY 2026. Blodgett Mills is in the Cortland County, NY non-metropolitan 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 county-wide two-bedroom FMR of $1,171. Among 18 ZIP codes in Cortland County, 13738 is tied for the 13th-highest two-bedroom rent (county range $1,080–$1,580). The median county two-bedroom FMR in New York is $1,385, so ZIP 13738 is 16% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 13738
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$920
$930
+1.1%
$837–$1,023
1BR
$930
$930
0.0%
$837–$1,023
2BR
$1,160
$1,160
0.0%
$1,044–$1,276
3BR
$1,460
$1,460
0.0%
$1,314–$1,606
4BR
$1,950
$1,940
−0.5%
$1,746–$2,134
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 13738
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$930
$930
$1,160
$1,460
$1,940
FY 2026
$920
$930
$1,160
$1,460
$1,950
FY 2025
$880
$890
$1,100
$1,370
$1,840
FY 2024area FMR
$800
$805
$992
$1,215
$1,683
FY 2023area FMR
$775
$780
$947
$1,153
$1,613
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Cortland County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 13738?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,171, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,054 to $1,288 a month; under the ZIP-level Small Area FMR of $1,160 it would be $1,044 to $1,276. 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 13738 in?
ZIP 13738 is in the Cortland County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,171.
How much did fair market rent change in ZIP 13738 for FY 2027?
The two-bedroom FMR was unchanged at $1,160 in FY 2027. Since FY 2025 it has risen 5.5%.
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