For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 14614 (Rochester, NY) is $2,130 a month. That is down 9.7% from $2,360 in FY 2026. Rochester is in the Rochester, NY MSA. 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 $1,416. Among 69 ZIP codes in Monroe County, 14614 is tied for the highest two-bedroom rent (county range $1,420–$2,130). The median county two-bedroom FMR in New York is $1,385, so ZIP 14614 is 54% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 14614
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,670
$1,510
−9.6%
$1,359–$1,661
1BR
$1,880
$1,700
−9.6%
$1,530–$1,870
2BR
$2,360
$2,130
−9.7%
$1,917–$2,343
3BR
$2,840
$2,560
−9.9%
$2,304–$2,816
4BR
$3,120
$2,810
−9.9%
$2,529–$3,091
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 14614
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,510
$1,700
$2,130
$2,560
$2,810
FY 2026
$1,670
$1,880
$2,360
$2,840
$3,120
FY 2025
$970
$1,100
$1,360
$1,640
$1,800
FY 2024
$890
$1,000
$1,240
$1,500
$1,650
FY 2023
$790
$890
$1,110
$1,350
$1,490
Two-bedroom rent in nearby Monroe County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 14614?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,416, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,274 to $1,558 a month; under the ZIP-level Small Area FMR of $2,130 it would be $1,917 to $2,343. 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 14614 in?
ZIP 14614 is in the Rochester, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,416.
How much did fair market rent change in ZIP 14614 for FY 2027?
The two-bedroom FMR fell 9.7%, from $2,360 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has risen 91.9%.
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