New York Fair Market Rent (FY2026)
Northeast region · 39 HUD FMR areas
In FY2026, New York has 39 HUD Fair Market Rent areas with a median 2-bedroom FMR of $1,185/month. Across the state, the 2-bedroom FMR ranges from $973 (Chenango County, NY) to $2,910 (New York, NY). That median is $210 above the national median FMR of $975, ranking New York #20 of 51 states (1 = most expensive). FMR is the federal voucher rent standard, not the market median.
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
New York median FMR by bedroom size
| Unit size | Median FMR (per month) |
|---|---|
| Studio / efficiency | $892 |
| 1-bedroom | $953 |
| 2-bedroom | $1,185 |
| 3-bedroom | $1,494 |
| 4-bedroom | $1,713 |
These are medians across the state's areas; an individual metro can be much higher or lower. The population-weighted average 2-bedroom FMR (weighting each area by its population) is $2,374.
Every FMR area in New York
| FMR area | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| New York, NY | $2,529 | $2,655 | $2,910 | $3,644 | $3,959 |
| Nassau-Suffolk, NY | $1,992 | $2,379 | $2,747 | $3,563 | $3,768 |
| Buffalo-Cheektowaga, NY | $1,105 | $1,139 | $1,343 | $1,640 | $1,869 |
| Rochester, NY | $1,116 | $1,256 | $1,573 | $1,895 | $2,083 |
| Albany-Schenectady-Troy, NY | $1,217 | $1,417 | $1,702 | $2,041 | $2,253 |
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Detailed pages: New York, NY · Nassau-Suffolk, NY · Buffalo-Cheektowaga, NY · Rochester, NY · Albany-Schenectady-Troy, NY.
Frequently asked questions
What is the Fair Market Rent in New York for FY2026?
New York has 39 HUD Fair Market Rent areas. The median 2-bedroom FMR across them is $1,185 per month, ranging from $973 (Chenango County, NY) to $2,910 (New York, NY). HUD sets FMRs by metro/county, not statewide, so use the area closest to where you live. Verify at huduser.gov.
Which New York area has the highest and lowest FMR?
In FY2026 the highest 2-bedroom FMR in New York is $2,910 in New York, NY, and the lowest is $973 in Chenango County, NY. Rents are highest in the largest metros and lowest in rural counties.
Is New York expensive for renters compared with other states?
New York's median 2-bedroom FMR of $1,185 is $210 above the national median FMR of $975 (+22%). It ranks #20 of 51 states and DC by median 2-bedroom FMR (1 = most expensive).
How does FMR relate to Section 8 vouchers in New York?
Public housing agencies in New York set Housing Choice Voucher payment standards at roughly 90–110% of the local FMR. Your subsidy covers the gap between that standard and about 30% of your adjusted income. Contact the PHA for your county for exact figures.
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Source & accuracy
FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). State medians and ranges are computed over HUD's area-level FMRs (see methodology). FMR is the federal voucher rent standard, not the market median; verify on huduser.gov.
Last updated: 2026-06-20