HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Allegany County, New York (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Allegany County is $1,014 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,014
+4.1% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in New York
56th of 62
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $770 | $693–$847 | $30,800 | $14.81/hr | +2.7% |
| 1 bedroom | $775 | $698–$853 | $31,000 | $14.90/hr | +2.8% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | +4.1% |
| 3 bedroom | $1,254 | $1,129–$1,379 | $50,160 | $24.12/hr | +0.9% |
| 4 bedroom | $1,604 | $1,444–$1,764 | $64,160 | $30.85/hr | +9.6% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,845 | $1,661–$2,030 |
| 6 bedroom Estimate | $2,085 | $1,877–$2,294 |
| 7 bedroom Estimate | $2,326 | $2,093–$2,559 |
| 8 bedroom Estimate | $2,566 | $2,309–$2,823 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Allegany actually rent for?
Search any address in Allegany for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Allegany somewhere between $913 and $1,115. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($974) to FY 2027 ($1,014). Since FY 2020 it's up 42% in total, about 5.1% a year. The New York median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $541 | $583 | $714 | $923 | $1,099 | — |
| FY 2021 | $550 | $592 | $734 | $951 | $1,103 | +2.8% |
| FY 2022 | $569 | $613 | $757 | $969 | $1,119 | +3.1% |
| FY 2023 | $616 | $669 | $826 | $1,028 | $1,198 | +9.1% |
| FY 2024 | $676 | $731 | $905 | $1,130 | $1,288 | +9.6% |
| FY 2025 | $700 | $745 | $933 | $1,167 | $1,362 | +3.1% |
| FY 2026 | $750 | $754 | $974 | $1,243 | $1,464 | +4.4% |
| FY 2027In effect | $770 | $775 | $1,014 | $1,254 | $1,604 | +4.1% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Allegany, that runs from $770 for a studio up to $1,604 for four bedrooms, all five rates in the table above.
Because Allegany sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Centerville included.
Among New York's 62 counties, Allegany ranks 56th for two-bedroom FMR. That's about 27% below the state median of $1,385 and about 5% below the national median county at $1,063. About 47,159 people live here, 49th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 14707 (Allentown) and $1,520 in 14822 (Canaseraga), with the 28 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 14029 | Centerville | $1,080 | +6.5% |
| 14707 | Allentown | $1,010 | -0.4% |
| 14708 | Alma | $1,020 | +0.6% |
| 14709 | Angelica | $1,110 | +9.5% |
| 14711 | Belfast | $1,010 | -0.4% |
| 14714 | Black Creek | $1,220 | +20.3% |
| 14715 | Bolivar | $1,030 | +1.6% |
| 14717 | Caneadea | $1,010 | -0.4% |
| 14721 | Ceres | $1,020 | +0.6% |
| 14727 | Cuba | $1,100 | +8.5% |
| 14735 | Fillmore | $1,020 | +0.6% |
| 14739 | Friendship | $1,110 | +9.5% |
| 14744 | Houghton | $1,240 | +22.3% |
| 14745 | Hume | $1,010 | -0.4% |
| 14754 | Little Genesee | $1,010 | -0.4% |
| 14774 | Richburg | $1,120 | +10.5% |
| 14777 | Rushford | $1,100 | +8.5% |
| 14786 | West Clarksville | $1,010 | -0.4% |
| 14802 | Alfred | $1,050 | +3.6% |
| 14803 | Alfred Station | $1,010 | -0.4% |
| 14804 | Almond | $1,170 | +15.4% |
| 14806 | Andover | $1,010 | -0.4% |
| 14813 | Belmont | $1,010 | -0.4% |
| 14822 | Canaseraga | $1,520 | +49.9% |
| 14880 | Scio | $1,050 | +3.6% |
| 14884 | Swain | $1,420 | +40.0% |
| 14895 | Wellsville | $1,010 | -0.4% |
| 14897 | Whitesville | $1,010 | -0.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Allegany.
Cattaraugus County
32 mi · 76,145 people
$1,014
same rate
Wyoming County
32 mi · 39,753 people
$1,014
same rate
Steuben County
35 mi · 92,588 people
$1,058
+4%
Livingston County
38 mi · 61,498 people
$1,416
+40%
Genesee County
52 mi · 57,787 people
$1,113
+10%
Erie County
54 mi · 950,622 people
$1,423
+40%
Yates County
57 mi · 24,526 people
$1,057
+4%
Ontario County
61 mi · 112,625 people
$1,416
+40%
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $770 for a studio, $775 for one bedroom, $1,254 for three and $1,604 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Allegany actually go for?
HUD's number is one input. Search any address in Allegany for a rent estimate built from nearby comps. Free to start, no card.
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