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RentData.org Logo Elmira Fair Market Rent FY 2023 Elmira, NY MSA Rental Data

Fair Market Rent Prices in Elmira, NY :
$808 $810 $1,039 $1,333 $1,481
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 Elmira are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Elmira is $1,039 per month.

The previous year, rent for a two-bedroom home was $944 per month. This is a 10.06% increase year-over-year.

This FMR rate applies to Pine Valley, NY, Breesport, NY, Cayuta, NY, Chemung, NY, Lockwood, NY, Alpine, NY, Millport, NY, Wellsburg, NY, Lowman, NY, Van Etten, NY and other cities within the region. The Metro Code or CBSA code for this region is METRO21300M21300.

Additionally, This Fair Market Rent (FMR) area Elmira, NY MSA spans one county or city in New York which is listed in the table below. Estimated population of Elmira, NY MSA FMR area is 84,115 people based on latest Census data.

Compared to the rest of New York, the Elmira FMR area is more expensive than 64% 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 Elmira. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Elmira

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 $ 870
1-BR 1-Bedroom $ 873
2-BR 2-Bedroom $ 1120
3-BR 3-Bedroom $ 1437
4-BR 4-Bedroom $ 1597
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Elmira, NY MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers three metro areas: Elmira (Corning), Binghamton and Syracuse.

County / Region Est. Population
Elmira, NY Metro 84,115
Zip Codes in Elmira, NY MSA

There are 23 unique zip codes in this Fair Market Rent (FMR) area:

14805, 14812, 14814, 14816, 14824, 14825, 14830, 14838, 14845, 14859, 14861, 14864, 14867, 14871, 14872, 14889, 14892, 14894, 14901, 14902, 14903, 14904 and 14905

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