FY2026
Fair Market Rents in New York (FY2026)
HUD's FY2026 Fair Market Rent for a 2-bedroom ranges from $973 (Wyoming County, NY) to $2,910 (New York, NY) across 39 areas in New York.
Every area in New York, highest rent first
Metro areas cover several counties under one Fair Market Rent; nonmetropolitan counties each get their own. The typical (middle) 2-bedroom FMR across New York's 39 areas is $1,185.
Income needed to rent in New York
To keep rent and utilities within 30% of gross income, the federal line for housing cost burden, a household needs about $47,400 a year ($22.79 an hour, full time) to afford the typical 2-bedroom Fair Market Rent of $1,185 in New York. That ranges from about $38,920 in Wyoming County, NY to $116,400 in New York, NY.
Fair Market Rents are benchmarks, not listings: HUD sets them at the 40th percentile of gross rent for standard-quality units, so newer apartments and the most popular neighborhoods usually cost more. Use the rent affordability calculator to compare your own income with any area.
Frequently asked questions
What is the fair market rent in New York?
HUD's FY2026 Fair Market Rent for a 2-bedroom ranges from $973 (Wyoming County, NY) to $2,910 (New York, NY) across 39 areas in New York. The middle area in the state is about $1,185.
Source: HUD Fair Market Rents, FY2026. Our data.