FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR
0.93ratio
FMR$2,190
Market$2,360
vs market-$170
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR
1.02ratio
FMR$2,500
Market$2,440
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.02
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
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ZIP 14260 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 14260 (Buffalo, NY) is $1,800 a month. That is up 5.9% from $1,700 in FY 2026. Buffalo is in the Buffalo-Cheektowaga, NY MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 89 ZIP codes in Erie County, 14260 is tied for the 9th-highest two-bedroom rent (county range $1,010–$2,130). The median county two-bedroom FMR in New York is $1,385, so ZIP 14260 is 30% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 14260
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,490
+6.4%
$1,341–$1,639
1BR
$1,440
$1,520
+5.6%
$1,368–$1,672
2BR
$1,700
$1,800
+5.9%
$1,620–$1,980
3BR
$2,080
$2,190
+5.3%
$1,971–$2,409
4BR
$2,370
$2,500
+5.5%
$2,250–$2,750
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 14260
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,490
$1,520
$1,800
$2,190
$2,500
FY 2026
$1,400
$1,440
$1,700
$2,080
$2,370
FY 2025
$1,240
$1,280
$1,510
$1,850
$2,090
FY 2024
$970
$1,010
$1,190
$1,460
$1,640
FY 2023area FMR
$869
$908
$1,069
$1,309
$1,470
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 14260?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,800, that basic range is $1,620 to $1,980 a month. 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 14260 in?
ZIP 14260 is in the Buffalo-Cheektowaga, NY MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 14260 for FY 2027?
The two-bedroom FMR rose 5.9%, from $1,700 in FY 2026 to $1,800 in FY 2027. Since FY 2024 it has risen 51.3%.
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