Otsego County Fair Market Rent FY 2023 Otsego County, NY Rental Data

Fair Market Rent prices in Otsego County are high compared to the national average. This FMR area is more expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Otsego County is $990 per month.

The previous year, rent for a two-bedroom home was $892 per month. This is a 10.99% increase year-over-year.

This FMR rate applies to Charlotteville, NY, Garrattsville, NY, East Worcester, NY, Schuyler Lake, NY, Roseboom, NY, New Lisbon, NY, Westford, NY, West Burlington, NY, East Springfield, NY, Colliersville, NY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY36077N36077.

Additionally, This Fair Market Rent (FMR) area Otsego County, NY spans one county or city in New York which is listed in the table below. Estimated population of Otsego County, NY FMR area is 59,593 people based on latest Census data.

Compared to the rest of New York, the Otsego County FMR area is more expensive than 51% of the state.

Median Rent Prices in Otsego County

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.

50^th Percentile Rental Prices: