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RentData.org Logo New York Fair Market Rent for 2024 Accurate Rental Price Data

Average Fair Market Rent Prices in New York:
$910 $985 $1,207 $1,534 $1,714
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 31st highest rent in the country out of 112 states and territories. The Fair Market Rent in New York ranges from $905 for a 2-bedroom apartment in Allegany County, NY to $2,752 for a 2-bedroom unit in New York, NY HUD Metro FMR Area.

For FY 2024, the New York, NY HUD Metro FMR Area (Bronx County) rent for a studio or efficiency is $2,386 per month and $3,700 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 $1,207 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 $1,011 $1,131 $1,374 $1,661 $1,830 306,165
Allegany County, NY $676 $731 $905 $1,130 $1,288 46,304
New York, NY HUD Metro FMR Area Metro $2,386 $2,451 $2,752 $3,434 $3,700 1,427,056
Binghamton, NY MSA Metro $855 $904 $1,141 $1,494 $1,644 192,042
Cattaraugus County, NY $705 $709 $905 $1,138 $1,291 76,750
Cayuga County, NY $728 $733 $958 $1,210 $1,409 76,958
Chautauqua County, NY $662 $711 $905 $1,168 $1,205 127,584
Elmira, NY MSA Metro $905 $922 $1,208 $1,560 $1,697 84,115
Chenango County, NY $672 $777 $905 $1,214 $1,354 47,527
Clinton County, NY $821 $826 $1,047 $1,283 $1,395 80,320
Columbia County, NY $1,032 $1,042 $1,190 $1,439 $1,585 60,016
Cortland County, NY $800 $805 $992 $1,215 $1,683 47,618
Delaware County, NY $785 $798 $905 $1,275 $1,280 44,676
Poughkeepsie-Newburgh-Middletown, NY MSA Metro $1,237 $1,419 $1,825 $2,315 $2,560 293,524
Buffalo-Cheektowaga-Niagara Falls, NY MSA Metro $951 $992 $1,163 $1,424 $1,604 918,873
Essex County, NY $824 $828 $971 $1,309 $1,446 37,281
Franklin County, NY $613 $763 $905 $1,151 $1,310 50,389
Fulton County, NY $729 $734 $964 $1,166 $1,316 53,452
Genesee County, NY $662 $804 $976 $1,217 $1,352 57,554
Greene County, NY $926 $965 $1,155 $1,517 $1,587 47,335
Hamilton County, NY $862 $868 $1,140 $1,378 $1,594 4,454
Utica-Rome, NY MSA Metro $785 $790 $992 $1,199 $1,410 61,738
Watertown-Fort Drum, NY MSA Metro $922 $1,035 $1,360 $1,843 $2,231 111,454
Lewis County, NY $693 $707 $905 $1,160 $1,453 26,456
Rochester, NY HUD Metro FMR Area Metro $938 $1,050 $1,307 $1,580 $1,741 63,218
Syracuse, NY MSA Metro $828 $916 $1,126 $1,381 $1,600 70,990
Montgomery County, NY $745 $780 $914 $1,166 $1,251 49,294
Nassau-Suffolk, NY HUD Metro FMR Area Metro $1,708 $2,144 $2,508 $3,246 $3,521 1,355,683
Otsego County, NY $719 $879 $1,061 $1,304 $1,413 59,593
St. Lawrence County, NY $661 $763 $940 $1,152 $1,252 108,352
Schuyler County, NY $637 $740 $940 $1,271 $1,314 17,845
Seneca County, NY $765 $770 $991 $1,297 $1,682 34,295
Steuben County, NY $743 $759 $905 $1,167 $1,497 95,843
Sullivan County, NY $789 $917 $1,078 $1,506 $1,653 75,329
Ithaca, NY MSA Metro $1,311 $1,434 $1,664 $2,056 $2,229 102,237
Kingston, NY MSA Metro $1,284 $1,308 $1,702 $2,198 $2,459 178,371
Glens Falls, NY MSA Metro $939 $1,025 $1,284 $1,662 $1,710 64,187
Westchester County, NY Statutory Exception Area Metro $1,648 $1,934 $2,352 $2,885 $3,132 968,738
Wyoming County, NY $724 $728 $905 $1,220 $1,345 40,027
Yates County, NY HUD Metro FMR Area Metro $723 $811 $1,066 $1,356 $1,527 24,981

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