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RentData.org Logo New York Fair Market Rent FY 2016 New York, NY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in New York, NY :
$1,293 $1,357 $1,571 $2,021 $2,224
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in New York are very high compared to the national average. This FMR area is more expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in New York is $1,571 per month.

The previous year, rent for a two-bedroom home was $1,481 per month. This is a 6.08% increase year-over-year.

This FMR rate applies to Bear Mountain, NY, Tallman, NY, Mahopac Falls, NY, Hillburn, NY, Palisades, NY, Sparkill, NY, Tomkins Cove, NY, Floral Park, NY, Piermont, NY, Lake Peekskill, NY and other cities within the region. The Metro Code or CBSA code for this region is METRO35620MM5600.

Additionally, This Fair Market Rent (FMR) area New York, NY HUD Metro FMR Area spans seven counties or cities in New York which ares listed in the table below. Estimated population of New York, NY HUD Metro FMR Area FMR area is 8,586,530 people based on latest Census data.

Compared to the rest of New York, the New York FMR area is more expensive than 100% of the state.

New York Rents Map

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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 New York. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in New York

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 $ 1423
1-BR 1-Bedroom $ 1493
2-BR 2-Bedroom $ 1728
3-BR 3-Bedroom $ 2223
4-BR 4-Bedroom $ 2447
Change Year:

The counties, cities, towns, and regions listed below fall into the New York, NY HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: New York.

County / Region Est. Population
Bronx County, NY Metro 1,385,108
Kings County, NY Metro 2,504,700
New York County, NY Metro 1,585,873
Putnam County, NY Metro 99,710
Queens County, NY Metro 2,230,722
Richmond County, NY Metro 468,730
Rockland County, NY Metro 311,687
Zip Codes in New York, NY HUD Metro FMR Area

There are 328 unique zip codes in this Fair Market Rent (FMR) area:

10001, 10002, 10003, 10004, 10005, 10006, 10007, 10008, 10009, 10010, 10011, 10012, 10013, 10014, 10016, 10017, 10018, 10019, 10020, 10021, 10022, 10023, 10024, 10025, 10026, 10027, 10028, 10029, 10030, 10031, 10032, 10033, 10034, 10035, 10036, 10037, 10038, 10039, 10040, 10041, 10043, 10044, 10045, 10055, 10065, 10069, 10075, 10080, 10081, 10101, 10103, 10104, 10105, 10106, 10107, 10108, 10110, 10111, 10112, 10113, 10115, 10116, 10117, 10118, 10119, 10120, 10121, 10122, 10123, 10124, 10125, 10126, 10128, 10129, 10130, 10131, 10133, 10138, 10150, 10151, 10152, 10153, 10154, 10155, 10156, 10157, 10158, 10159, 10160, 10162, 10163, 10164, 10165, 10166, 10167, 10168, 10169, 10170, 10171, 10172, 10173, 10174, 10175, 10176, 10177, 10178, 10179, 10185, 10199, 10203, 10211, 10212, 10213, 10258, 10268, 10269, 10271, 10272, 10274, 10275, 10276, 10277, 10278, 10279, 10280, 10281, 10282, 10285, 10301, 10302, 10303, 10304, 10305, 10306, 10307, 10308, 10309, 10310, 10311, 10312, 10313, 10314, 10451 show more

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