HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Cayuga County, New York (FY 2027)
$1,074 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Cayuga County, and it's the baseline every voucher in Cayuga is measured against.
Two-bedroom FMR
$1,074
-4.4% from FY 2026
Payment standard
$967–$1,181
90% to 110% of the FMR, two-bedroom
Income to afford
$42,960
a year, with rent at 30% of income
Rank in New York
50th 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 | $872 | $785–$959 | $34,880 | $16.77/hr | -1.4% |
| 1 bedroom | $877 | $789–$965 | $35,080 | $16.87/hr | -1.3% |
| 2 bedroom | $1,074 | $967–$1,181 | $42,960 | $20.65/hr | -4.4% |
| 3 bedroom | $1,424 | $1,282–$1,566 | $56,960 | $27.38/hr | -2.7% |
| 4 bedroom | $1,637 | $1,473–$1,801 | $65,480 | $31.48/hr | -2.5% |
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 | $1,883 | $1,695–$2,071 |
| 6 bedroom Estimate | $2,128 | $1,915–$2,341 |
| 7 bedroom Estimate | $2,374 | $2,137–$2,611 |
| 8 bedroom Estimate | $2,619 | $2,357–$2,881 |
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 Cayuga actually rent for?
Search any address in Cayuga 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 Cayuga somewhere between $967 and $1,181. 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.
$1,074 a month is affordable, by HUD's 30% rule, on an income of roughly $42,960 a year. Put another way, $21 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%$967 | Voucher pays at 100%$1,074 | Voucher pays at 110%$1,181 |
|---|---|---|---|---|
| $2,500 | $750 | $217 | $324 | $431 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 4% from FY 2026 ($1,124) to FY 2027 ($1,074). Since FY 2020 it's up 31% in total, about 4.0% 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 | $603 | $657 | $817 | $1,032 | $1,127 | — |
| FY 2021 | $638 | $685 | $847 | $1,076 | $1,197 | +3.7% |
| FY 2022 | $633 | $677 | $846 | $1,072 | $1,199 | -0.1% |
| FY 2023 | $728 | $734 | $937 | $1,181 | $1,371 | +10.8% |
| FY 2024 | $728 | $733 | $958 | $1,210 | $1,409 | +2.2% |
| FY 2025 | $820 | $826 | $1,066 | $1,363 | $1,588 | +11.3% |
| FY 2026 | $884 | $889 | $1,124 | $1,463 | $1,679 | +5.4% |
| FY 2027In effect | $872 | $877 | $1,074 | $1,424 | $1,637 | -4.4% |
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 Cayuga, that runs from $872 for a studio up to $1,637 for four bedrooms, all five rates in the table above.
Because Cayuga 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, Auburn included.
Among New York's 62 counties, Cayuga ranks 50th for two-bedroom FMR. That's about 22% below the state median of $1,385 and within a couple percent of the national median county at $1,063. About 75,102 people live here, 36th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,020 in 13118 (Moravia) and $1,610 in 13081 (King Ferry), with the 19 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 |
|---|---|---|---|
| 13021 | Auburn | $1,260 | +17.3% |
| 13022 | Auburn | $1,070 | -0.4% |
| 13024 | Auburn | $1,100 | +2.4% |
| 13026 | Aurora | $1,430 | +33.1% |
| 13033 | Cato | $1,260 | +17.3% |
| 13034 | Cayuga | $1,280 | +19.2% |
| 13071 | Genoa | $1,170 | +8.9% |
| 13081 | King Ferry | $1,610 | +49.9% |
| 13092 | Locke | $1,580 | +47.1% |
| 13111 | Martville | $1,260 | +17.3% |
| 13113 | Meridian | $1,200 | +11.7% |
| 13117 | Montezuma | $1,180 | +9.9% |
| 13118 | Moravia | $1,020 | -5.0% |
| 13139 | Poplar Ridge | $1,070 | -0.4% |
| 13140 | Port Byron | $1,160 | +8.0% |
| 13147 | Scipio Center | $1,080 | +0.6% |
| 13156 | Sterling | $1,420 | +32.2% |
| 13160 | Union Springs | $1,230 | +14.5% |
| 13166 | Weedsport | $1,260 | +17.3% |
Nearby counties
Two-bedroom FMR, with how each compares to Cayuga.
Seneca County
17 mi · 32,920 people
$1,145
+7%
Onondaga County
22 mi · 471,129 people
$1,493
+39%
Wayne County
29 mi · 90,929 people
$1,416
+32%
Tompkins County
32 mi · 104,537 people
$1,709
+59%
Yates County
32 mi · 24,526 people
$1,057
-2%
Cortland County
34 mi · 46,246 people
$1,171
+9%
Ontario County
34 mi · 112,625 people
$1,416
+32%
Schuyler County
39 mi · 17,562 people
$1,180
+10%
Questions people ask
$1,074 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $872 for a studio, $877 for one bedroom, $1,424 for three and $1,637 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 Cayuga actually go for?
HUD's number is one input. Search any address in Cayuga for a rent estimate built from nearby comps. Free to start, no card.
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