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RentData.org Logo New York Fair Market Rent for 2020 Accurate Rental Price Data

Average Fair Market Rent Prices in New York:
$705 $780 $958 $1,240 $1,377
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New York (NY) has the 13th highest rent in the country out of 56 states and territories. The Fair Market Rent in New York ranges from $714 for a 2-bedroom apartment in Allegany County, NY to $1,992 for a 2-bedroom unit in Nassau-Suffolk, NY HUD Metro FMR Area.

For FY 2020, the Nassau-Suffolk, NY HUD Metro FMR Area (Nassau County) rent for a studio or efficiency is $1,298 per month and $2,858 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in New York is $958 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in New York is around 7,685,265 people. So, there are around 1,152,790 people in New York who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

New York Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in New York
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Albany-Schenectady-Troy, NY MSA Metro $747 $855 $1,054 $1,313 $1,428 308,580
Allegany County, NY $541 $583 $714 $923 $1,099 47,400
New York, NY HUD Metro FMR Area Metro $1,665 $1,714 $1,951 $2,472 $2,643 1,455,845
Binghamton, NY MSA Metro $606 $634 $820 $1,070 $1,224 196,125
Cattaraugus County, NY $585 $585 $716 $993 $1,101 78,175
Cayuga County, NY $603 $657 $817 $1,032 $1,127 78,320
Chautauqua County, NY $540 $594 $725 $935 $1,063 130,845
Elmira, NY MSA Metro $647 $671 $839 $1,108 $1,146 86,885
Chenango County, NY $546 $629 $780 $978 $1,057 48,765
Clinton County, NY $636 $671 $842 $1,092 $1,168 81,225
Columbia County, NY $704 $786 $965 $1,299 $1,333 61,480
Cortland County, NY $666 $717 $849 $1,070 $1,199 48,335
Delaware County, NY $628 $632 $772 $1,036 $1,046 45,950
Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area Metro $1,021 $1,112 $1,397 $1,780 $2,049 295,685
Buffalo-Cheektowaga-Niagara Falls, NY MSA Metro $674 $703 $843 $1,051 $1,190 923,995
Essex County, NY $663 $710 $863 $1,164 $1,179 38,235
Franklin County, NY $533 $652 $744 $993 $1,008 51,055
Fulton County, NY $557 $668 $815 $1,016 $1,201 53,955
Genesee County, NY $578 $680 $820 $1,120 $1,221 58,535
Greene County, NY $631 $775 $968 $1,295 $1,397 47,790
Hamilton County, NY $638 $642 $846 $1,098 $1,211 4,645
Utica-Rome, NY MSA Metro $563 $613 $790 $984 $1,096 62,945
Watertown-Fort Drum, NY MSA Metro $716 $834 $1,099 $1,432 $1,637 116,565
Lewis County, NY $610 $656 $778 $1,066 $1,201 26,845
Rochester, NY HUD Metro FMR Area Metro $668 $775 $972 $1,211 $1,317 64,375
Syracuse, NY MSA Metro $633 $723 $900 $1,127 $1,291 71,760
Montgomery County, NY $660 $664 $787 $981 $1,112 49,500
Nassau-Suffolk, NY HUD Metro FMR Area Metro $1,298 $1,624 $1,992 $2,563 $2,858 1,363,070
Otsego County, NY $692 $696 $873 $1,095 $1,404 60,750
St. Lawrence County, NY $625 $665 $830 $1,034 $1,247 110,815
Schuyler County, NY $579 $620 $738 $1,049 $1,246 18,110
Seneca County, NY $681 $685 $828 $1,094 $1,255 34,845
Steuben County, NY $632 $641 $760 $1,020 $1,179 97,540
Sullivan County, NY $652 $806 $1,000 $1,259 $1,384 75,785
Ithaca, NY MSA Metro $919 $969 $1,172 $1,496 $1,748 104,415
Kingston, NY MSA Metro $792 $967 $1,215 $1,563 $1,768 180,130
Glens Falls, NY MSA Metro $671 $754 $956 $1,231 $1,344 64,700
Westchester County, NY Statutory Exception Area Metro $1,399 $1,641 $1,975 $2,543 $2,855 975,320
Wyoming County, NY $486 $570 $738 $971 $1,000 40,885
Yates County, NY HUD Metro FMR Area Metro $533 $644 $775 $1,046 $1,050 25,085

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