Section 8 FMR Calculators New York

New York Section 8 Fair Market Rent (FMR) Calculator

Look up New York Section 8 Fair Market Rent by bedroom size. New York 2BR FMR is $1640. Calculate HUD payment standards.

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New York Quick Facts
10.9% Income Tax Rate
1.72% Property Tax Rate
$74,314 Median Income
123.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

HUD Fair Market Rents (FMRs) are used to determine payment standards for the Section 8 Housing Choice Voucher program. FMRs represent the 40th percentile of gross rents for standard-quality rental units in a metropolitan area. This calculator uses New York's FMR data to estimate payment standards. Housing authorities typically set payment standards between 90% and 110% of FMR.

Key State Information

New York's statewide average 2-bedroom FMR is $1640/month. FMRs vary significantly by county and metropolitan area within New York. Contact your local Public Housing Authority (PHA) for the exact FMR in your area.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
HUD Fair Market Rents
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the Section 8 FMR in New York?

The statewide average 2-bedroom Fair Market Rent in New York is $1640/month. Efficiency: $1175, 1BR: $1345, 3BR: $2120, 4BR: $2420. Amounts vary by county.

How is Section 8 FMR calculated?

HUD calculates FMRs at the 40th percentile of gross rents for standard-quality units. This means 40% of the rental units in an area rent at or below the FMR. FMRs are updated annually and published in the Federal Register.

Can landlords charge more than the FMR in New York?

Landlords can charge more than FMR, but the tenant would be responsible for the difference between the payment standard and the rent (up to 40% of their adjusted income can go toward rent at initial lease-up). Some PHAs set payment standards above 100% of FMR.

How do I apply for Section 8 in New York?

Contact your local Public Housing Authority (PHA) in New York. Wait lists are common and can be several years long. You'll need to provide proof of income, citizenship, and meet income limits (typically 50% of area median income for initial eligibility).

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