FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR
0.72ratio
FMR$890
Market$1,230
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.72
2 BR
2 BR
0.66ratio
FMR$1,070
Market$1,610
vs market-$540
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR
0.73ratio
FMR$1,400
Market$1,910
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR
0.90ratio
FMR$1,790
Market$1,980
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.90
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 14827 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 14827 (Coopers Plains, NY) is $1,070 a month. That is down 9.3% from $1,180 in FY 2026. Coopers Plains is in the Steuben 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 $1,058. Among 39 ZIP codes in Steuben County, 14827 is tied for the 18th-highest two-bedroom rent (county range $1,010–$1,590). The median county two-bedroom FMR in New York is $1,385, so ZIP 14827 is 23% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 14827
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$880
−9.3%
$792–$968
1BR
$980
$890
−9.2%
$801–$979
2BR
$1,180
$1,070
−9.3%
$963–$1,177
3BR
$1,530
$1,400
−8.5%
$1,260–$1,540
4BR
$1,980
$1,790
−9.6%
$1,611–$1,969
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 14827
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$880
$890
$1,070
$1,400
$1,790
FY 2026
$970
$980
$1,180
$1,530
$1,980
FY 2025
$1,070
$1,080
$1,310
$1,690
$2,190
FY 2024area FMR
$743
$759
$905
$1,167
$1,497
FY 2023area FMR
$676
$714
$844
$1,099
$1,407
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Steuben County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 14827?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,058, which applies unless the housing authority uses Small Area FMRs, that basic range is $952 to $1,164 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 14827 in?
ZIP 14827 is in the Steuben County, NY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,058.
How much did fair market rent change in ZIP 14827 for FY 2027?
The two-bedroom FMR fell 9.3%, from $1,180 in FY 2026 to $1,070 in FY 2027. Since FY 2025 it has fallen 18.3%.
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