Logo Binghamton Fair Market Rent FY 2014 Binghamton, NY MSA Rental Data

Fair Market Rent Prices in Binghamton, NY :
$512 $542 $692 $987 $1,119
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Binghamton are high compared to the national average. This FMR area is more expensive than 76% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Binghamton is $692 per month.

The previous year, rent for a two-bedroom home was $713 per month. This is a 2.95% decrease year-over-year.

This FMR rate applies to Killawog, NY, Tioga Center, NY, Endwell, NY, Chenango Bridge, NY, Tunnel, NY, Ouaquaga, NY, Corbettsville, NY, Bible School Park, NY, Willet, NY, Smithboro, NY and other cities within the region. The Metro Code or CBSA code for this region is METRO13780M13780.

Additionally, This Fair Market Rent (FMR) area Binghamton, NY MSA spans two counties or cities in New York which ares listed in the table below. Estimated population of Binghamton, NY MSA FMR area is 251,725 people based on 2010 Census data.

Compared to the rest of New York, the Binghamton FMR area is less expensive than 61% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Binghamton. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Binghamton

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 541
1-BR 1-Bedroom $ 572
2-BR 2-Bedroom $ 731
3-BR 3-Bedroom $ 1042
4-BR 4-Bedroom $ 1182
Change Year:

The counties, cities, towns, and regions listed below fall into the Binghamton, NY MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Binghamton and Syracuse.

County / Region Est. Population
Broome County, NY Metro 200,600
Tioga County, NY Metro 51,125
Zip Codes in Binghamton, NY MSA

There are 48 unique zip codes in this Fair Market Rent (FMR) area:

13730, 13732, 13734, 13736, 13737, 13743, 13744, 13745, 13746, 13748, 13749, 13754, 13760, 13761, 13762, 13777, 13778, 13783, 13787, 13790, 13794, 13795, 13797, 13802, 13803, 13811, 13812, 13813, 13826, 13827, 13833, 13835, 13840, 13845, 13848, 13850, 13851, 13862, 13863, 13864, 13865, 13901, 13902, 13903, 13904, 13905, 14817 and 14883

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