HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Allegany County, New York (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Allegany County is $974 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$974
FY 2026, utilities included
Payment standard range
$877 to $1,071
90% to 110% of FMR
Income to afford 2BR
$38,960
per year, at 30% of income
Rank in New York
60th of 62
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Allegany moves to $1,014. That's up 4%. The full FY 2027 table is in the history section below.
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.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $750 | $675 to $825 | $30,000 | $14.42/hr | +7.1% |
| 1 bedroom | $754 | $679 to $829 | $30,160 | $14.50/hr | +1.2% |
| 2 bedroom | $974 | $877 to $1,071 | $38,960 | $18.73/hr | +4.4% |
| 3 bedroom | $1,243 | $1,119 to $1,367 | $49,720 | $23.90/hr | +6.5% |
| 4 bedroom | $1,464 | $1,318 to $1,610 | $58,560 | $28.15/hr | +7.5% |
5 to 8 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 | $1,684 | $1,516 to $1,852 |
| 6 bedroom Estimate | $1,903 | $1,713 to $2,093 |
| 7 bedroom Estimate | $2,123 | $1,911 to $2,335 |
| 8 bedroom Estimate | $2,342 | $2,108 to $2,576 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Allegany, that runs from $750 for a studio up to $1,464 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 60th for two-bedroom FMR. That's about 28% below the state median of $1,361 and about 4% below the national median county at $1,018. About 47,222 people live here, 50th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $970 in 14711 (Belfast) and $1,470 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 | $1,050 | +7.8% |
| 14707 | Allentown | $980 | +0.6% |
| 14708 | Alma | $980 | +0.6% |
| 14709 | Angelica | $1,070 | +9.9% |
| 14711 | Belfast | $970 | -0.4% |
| 14714 | Black Creek | $1,290 | +32.4% |
| 14715 | Bolivar | $1,000 | +2.7% |
| 14717 | Caneadea | $970 | -0.4% |
| 14721 | Ceres | $980 | +0.6% |
| 14727 | Cuba | $1,060 | +8.8% |
| 14735 | Fillmore | $1,000 | +2.7% |
| 14739 | Friendship | $1,040 | +6.8% |
| 14744 | Houghton | $1,180 | +21.1% |
| 14745 | Hume | $970 | -0.4% |
| 14754 | Little Genesee | $990 | +1.6% |
| 14774 | Richburg | $1,070 | +9.9% |
| 14777 | Rushford | $980 | +0.6% |
| 14786 | West Clarksville | $970 | -0.4% |
| 14802 | Alfred | $990 | +1.6% |
| 14803 | Alfred Station | $970 | -0.4% |
| 14804 | Almond | $1,110 | +14.0% |
| 14806 | Andover | $970 | -0.4% |
| 14813 | Belmont | $970 | -0.4% |
| 14822 | Canaseraga | $1,470 | +50.9% |
| 14880 | Scio | $1,020 | +4.7% |
| 14884 | Swain | $1,290 | +32.4% |
| 14895 | Wellsville | $970 | -0.4% |
| 14897 | Whitesville | $970 | -0.4% |
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 $877 and $1,071. 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.
$974 a month is affordable, by HUD's 30% rule, on an income of roughly $38,960 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($877) | HAP at 100% ($974) | HAP at 110% ($1,071) |
|---|---|---|---|---|
| $2,500 | $750 | $127 | $224 | $321 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($933) to FY 2026 ($974). Since FY 2020 it's up 36% in total, about 5.3% a year. The New York median moved up 5% over the same year.
| 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 2027 | $770 | $775 | $1,014 | $1,254 | $1,604 | +4.1% |
Nearby counties
Cattaraugus County
$1,00732 mi · pop 77,000
Wyoming County
$97332 mi · pop 40,338
Steuben County
$1,08135 mi · pop 93,584
Livingston County
$1,57338 mi · pop 61,980
Genesee County
$1,16852 mi · pop 58,204
Erie County
$1,34354 mi · pop 951,232
Yates County
$1,09757 mi · pop 24,713
Ontario County
$1,57361 mi · pop 112,288
Questions people ask
$974 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $750 for a studio, $754 for one bedroom, $1,243 for three and $1,464 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what 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. 3 free searches, no card.
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