Skip to content

HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027

Fair Market Rent in Broome County, New York (FY 2027)

A two-bedroom in Broome County carries a FY 2027 Fair Market Rent of $1,219 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Broome keys off that figure.

Two-bedroom FMR

$1,219

+10.5% from FY 2026

Payment standard

$1,097–$1,341

90% to 110% of the FMR, two-bedroom

Income to afford

$48,760

a year, with rent at 30% of income

Rank in New York

39th 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.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2026
Studio$849$764–$934$33,960$16.33/hr+8.4%
1 bedroom$954$859–$1,049$38,160$18.35/hr+9.9%
2 bedroom$1,219$1,097–$1,341$48,760$23.44/hr+10.5%
3 bedroom$1,535$1,382–$1,689$61,400$29.52/hr+8.7%
4 bedroom$1,769$1,592–$1,946$70,760$34.02/hr+9.1%
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.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$2,034$1,831–$2,237
6 bedroom Estimate$2,300$2,070–$2,530
7 bedroom Estimate$2,565$2,309–$2,822
8 bedroom Estimate$2,830$2,547–$3,113

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 Broome actually rent for?

Search any address in Broome for a rent estimate built from nearby comps, with the HUD figure right next to it.

No card needed

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 Broome somewhere between $1,097 and $1,341. 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.

$1,219 a month is affordable, by HUD's 30% rule, on an income of roughly $48,760 a year. Put another way, $23 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 incomeTenant pays (30%)Voucher pays at 90%$1,097Voucher pays at 100%$1,219Voucher pays at 110%$1,341
$2,500$750$347$469$591
$4,000$1,200$0$19$141
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went up 11% from FY 2026 ($1,103) to FY 2027 ($1,219). Since FY 2020 it's up 49% in total, about 5.8% a year. The New York median moved up 2% over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$606$634$820$1,070$1,224—
FY 2021$632$654$846$1,117$1,284+3.2%
FY 2022$634$668$855$1,136$1,255+1.1%
FY 2023$725$758$964$1,261$1,366+12.7%
FY 2024$855$904$1,141$1,494$1,644+18.4%
FY 2025$869$939$1,188$1,533$1,752+4.1%
FY 2026$783$868$1,103$1,412$1,622-7.2%
FY 2027In effect$849$954$1,219$1,535$1,769+10.5%

Get FY 2028 Broome County rates the day HUD publishes them

HUD updates Fair Market Rents every fall. One email a year, no newsletter.

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 Broome, that runs from $849 for a studio up to $1,769 for four bedrooms, all five rates in the table above.

This is a metro rate. The county doesn't get one of its own. HUD lumps Broome in with one other county in the Binghamton metro, Tioga County among them, and every one of them gets $1,219 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.

Among New York's 62 counties, Broome ranks 39th for two-bedroom FMR. That's about 12% below the state median of $1,385 and about 15% above the national median county at $1,063. About 197,378 people live here, 19th 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 13787 (Harpursville) and $1,610 in 13748 (Conklin), with the 30 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.

ZIPCity2BR ratevs county
13737Bible School Park$1,220+0.1%
13744Castle Creek$1,130-7.3%
13745Chenango Bridge$1,220+0.1%
13746Chenango Forks$1,090-10.6%
13748Conklin$1,610+32.1%
13749Corbettsville$1,220+0.1%
13754Deposit$1,050-13.9%
13760Endicott$1,220+0.1%
13761Endicott$1,220+0.1%
13762Endwell$1,220+0.1%
13763Endicott$1,219County rate—
13777Glen Aubrey$1,200-1.6%
13787Harpursville$1,010-17.1%
13790Johnson City$1,330+9.1%
13794Killawog$1,220+0.1%
13795Kirkwood$1,240+1.7%
13797Lisle$1,010-17.1%
13802Maine$1,100-9.8%
13813Nineveh$1,020-16.3%
13826Ouaquaga$1,010-17.1%
13833Port Crane$1,460+19.8%
13848Tunnel$1,220+0.1%
13850Vestal$1,430+17.3%
13851Vestal$1,220+0.1%
13862Whitney Point$1,100-9.8%
13865Windsor$1,010-17.1%
13901Binghamton$1,150-5.7%
13902Binghamton$1,430+17.3%
13903Binghamton$1,140-6.5%
13904Binghamton$1,220+0.1%
13905Binghamton$1,320+8.3%

Counties sharing the Binghamton metro rate

HUD sets one rate for the whole metro, so every county here carries the same $1,219 two-bedroom figure as Broome.

Nearby counties

Two-bedroom FMR, with how each compares to Broome.

Questions people ask

$1,219 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $849 for a studio, $954 for one bedroom, $1,535 for three and $1,769 for four.

What does a rental in Broome actually go for?

HUD's number is one input. Search any address in Broome for a rent estimate built from nearby comps. Free to start, no card.

Free tier. No credit card.