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RentData.org Logo New York Fair Market Rent for 2021 Accurate Rental Price Data

Average Fair Market Rent Prices in New York:
$738 $810 $994 $1,285 $1,423
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New York (32) has the 25th highest rent in the country out of 112 states and territories. The Fair Market Rent in New York ranges from $734 for a 2-bedroom apartment in Allegany County, NY to $2,053 for a 2-bedroom unit in New York, NY HUD Metro FMR Area.

For FY 2021, the New York, NY HUD Metro FMR Area (Bronx County) rent for a studio or efficiency is $1,760 per month and $2,784 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 $994 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 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Albany-Schenectady-Troy, NY MSA Metro $809 $912 $1,117 $1,389 $1,515 308,580
Allegany County, NY $550 $592 $734 $951 $1,103 47,400
New York, NY HUD Metro FMR Area Metro $1,760 $1,801 $2,053 $2,598 $2,784 1,455,845
Binghamton, NY MSA Metro $632 $654 $846 $1,117 $1,284 196,125
Cattaraugus County, NY $604 $607 $734 $1,015 $1,104 78,175
Cayuga County, NY $638 $685 $847 $1,076 $1,197 78,320
Chautauqua County, NY $557 $611 $747 $975 $1,065 130,845
Elmira, NY MSA Metro $729 $733 $924 $1,220 $1,283 86,885
Chenango County, NY $543 $646 $791 $1,007 $1,073 48,765
Clinton County, NY $692 $697 $884 $1,150 $1,266 81,225
Columbia County, NY $761 $855 $1,028 $1,360 $1,394 61,480
Cortland County, NY $678 $733 $870 $1,083 $1,285 48,335
Delaware County, NY $646 $650 $764 $1,032 $1,036 45,950
Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area Metro $1,088 $1,160 $1,467 $1,868 $2,097 295,685
Buffalo-Cheektowaga-Niagara Falls, NY MSA Metro $743 $772 $920 $1,144 $1,284 923,995
Essex County, NY $680 $719 $853 $1,157 $1,161 38,235
Franklin County, NY $532 $680 $775 $1,041 $1,051 51,055
Fulton County, NY $600 $694 $854 $1,062 $1,262 53,955
Genesee County, NY $575 $696 $837 $1,148 $1,232 58,535
Greene County, NY $708 $834 $1,047 $1,370 $1,420 47,790
Hamilton County, NY $695 $700 $922 $1,147 $1,317 4,645
Utica-Rome, NY MSA Metro $587 $625 $796 $990 $1,140 62,945
Watertown-Fort Drum, NY MSA Metro $691 $794 $1,047 $1,389 $1,610 116,565
Lewis County, NY $645 $669 $828 $1,096 $1,254 26,845
Rochester, NY HUD Metro FMR Area Metro $698 $805 $1,006 $1,251 $1,364 64,375
Syracuse, NY MSA Metro $648 $729 $901 $1,124 $1,303 71,760
Montgomery County, NY $706 $711 $845 $1,051 $1,172 49,500
Nassau-Suffolk, NY HUD Metro FMR Area Metro $1,343 $1,659 $2,035 $2,606 $2,896 1,363,070
Otsego County, NY $732 $737 $916 $1,182 $1,425 60,750
St. Lawrence County, NY $620 $693 $857 $1,066 $1,270 110,815
Schuyler County, NY $607 $631 $779 $1,084 $1,286 18,110
Seneca County, NY $697 $701 $865 $1,118 $1,264 34,845
Steuben County, NY $637 $657 $773 $1,044 $1,234 97,540
Sullivan County, NY $681 $823 $1,032 $1,284 $1,427 75,785
Ithaca, NY MSA Metro $980 $1,048 $1,269 $1,619 $1,812 104,415
Kingston, NY MSA Metro $860 $1,020 $1,296 $1,685 $1,906 180,130
Glens Falls, NY MSA Metro $677 $794 $1,005 $1,311 $1,380 64,700
Westchester County, NY Statutory Exception Area Metro $1,386 $1,619 $1,943 $2,484 $2,823 975,320
Wyoming County, NY $522 $574 $757 $1,015 $1,027 40,885
Yates County, NY HUD Metro FMR Area Metro $566 $667 $815 $1,101 $1,105 25,085

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