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RentData.org Logo New York Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in New York:
$834 $905 $1,111 $1,415 $1,579
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 $826 for a 2-bedroom apartment in Allegany County, NY to $2,451 for a 2-bedroom unit in New York, NY HUD Metro FMR Area.

For FY 2023, the New York, NY HUD Metro FMR Area (Bronx County) rent for a studio or efficiency is $2,123 per month and $3,316 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 $1,111 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in New York is around 7,588,624 people. So, there are around 1,138,294 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 $968 $1,079 $1,313 $1,598 $1,764 306,165
Allegany County, NY $616 $669 $826 $1,028 $1,198 46,304
New York, NY HUD Metro FMR Area Metro $2,123 $2,170 $2,451 $3,078 $3,316 1,427,056
Binghamton, NY MSA Metro $725 $758 $964 $1,261 $1,366 192,042
Cattaraugus County, NY $653 $658 $826 $1,068 $1,180 76,750
Cayuga County, NY $728 $734 $937 $1,181 $1,371 76,958
Chautauqua County, NY $575 $657 $826 $1,059 $1,123 127,584
Elmira, NY MSA Metro $808 $810 $1,039 $1,333 $1,481 84,115
Chenango County, NY $577 $696 $829 $1,077 $1,192 47,527
Clinton County, NY $774 $779 $992 $1,244 $1,341 80,320
Columbia County, NY $913 $952 $1,107 $1,392 $1,487 60,016
Cortland County, NY $775 $780 $947 $1,153 $1,613 47,618
Delaware County, NY $715 $723 $826 $1,135 $1,139 44,676
Poughkeepsie-Newburgh-Middletown, NY MSA Metro $1,126 $1,233 $1,583 $2,016 $2,238 293,524
Buffalo-Cheektowaga-Niagara Falls, NY MSA Metro $869 $908 $1,069 $1,309 $1,470 918,873
Essex County, NY $788 $822 $934 $1,316 $1,365 37,281
Franklin County, NY $552 $710 $826 $1,048 $1,152 50,389
Fulton County, NY $735 $739 $962 $1,171 $1,359 53,452
Genesee County, NY $633 $777 $946 $1,233 $1,349 57,554
Greene County, NY $883 $931 $1,123 $1,407 $1,509 47,335
Hamilton County, NY $765 $770 $1,013 $1,233 $1,434 4,454
Utica-Rome, NY MSA Metro $755 $759 $955 $1,162 $1,376 61,738
Watertown-Fort Drum, NY MSA Metro $816 $928 $1,221 $1,650 $1,951 111,454
Lewis County, NY $685 $692 $899 $1,111 $1,383 26,456
Rochester, NY HUD Metro FMR Area Metro $839 $950 $1,186 $1,443 $1,593 63,218
Syracuse, NY MSA Metro $801 $897 $1,109 $1,367 $1,579 70,990
Montgomery County, NY $747 $751 $889 $1,115 $1,219 49,294
Nassau-Suffolk, NY HUD Metro FMR Area Metro $1,536 $1,914 $2,297 $2,952 $3,245 1,355,683
Otsego County, NY $720 $827 $990 $1,254 $1,381 59,593
St. Lawrence County, NY $646 $742 $909 $1,133 $1,223 108,352
Schuyler County, NY $602 $703 $900 $1,202 $1,326 17,845
Seneca County, NY $727 $732 $926 $1,198 $1,513 34,295
Steuben County, NY $676 $714 $844 $1,099 $1,407 95,843
Sullivan County, NY $698 $838 $1,008 $1,341 $1,526 75,329
Ithaca, NY MSA Metro $1,187 $1,276 $1,487 $1,890 $1,998 102,237
Kingston, NY MSA Metro $1,089 $1,155 $1,498 $1,961 $2,185 178,371
Glens Falls, NY MSA Metro $790 $896 $1,119 $1,451 $1,503 64,187
Westchester County, NY Statutory Exception Area Metro $1,436 $1,669 $2,029 $2,515 $2,782 968,738
Wyoming County, NY $623 $628 $826 $1,096 $1,178 40,027
Yates County, NY HUD Metro FMR Area Metro $667 $757 $997 $1,333 $1,339 24,981

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