New York (NY) has the
16th 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 $1,076 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
New York is around 19,798,235 people. So, there are around 2,969,735 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 for 2020