HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Steuben County, New York (FY 2027)
$1,058 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Steuben County, and it's the baseline every voucher in Steuben is measured against.
Two-bedroom FMR
$1,058
-2.1% from FY 2026
Payment standard
$952–$1,164
90% to 110% of the FMR, two-bedroom
Income to afford
$42,320
a year, with rent at 30% of income
Rank in New York
51st 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 | $831 | $748–$914 | $33,240 | $15.98/hr | -3.9% |
| 1 bedroom | $836 | $752–$920 | $33,440 | $16.08/hr | -4.0% |
| 2 bedroom | $1,058 | $952–$1,164 | $42,320 | $20.35/hr | -2.1% |
| 3 bedroom | $1,399 | $1,259–$1,539 | $55,960 | $26.90/hr | -0.8% |
| 4 bedroom | $1,768 | $1,591–$1,945 | $70,720 | $34.00/hr | -1.8% |
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 | $2,033 | $1,830–$2,236 |
| 6 bedroom Estimate | $2,298 | $2,068–$2,528 |
| 7 bedroom Estimate | $2,564 | $2,308–$2,820 |
| 8 bedroom Estimate | $2,829 | $2,546–$3,112 |
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 Steuben actually rent for?
Search any address in Steuben 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 Steuben somewhere between $952 and $1,164. 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.
$1,058 a month is affordable, by HUD's 30% rule, on an income of roughly $42,320 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%$952 | Voucher pays at 100%$1,058 | Voucher pays at 110%$1,164 |
|---|---|---|---|---|
| $2,500 | $750 | $202 | $308 | $414 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 2% from FY 2026 ($1,081) to FY 2027 ($1,058). Since FY 2020 it's up 39% in total, about 4.8% 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 | $632 | $641 | $760 | $1,020 | $1,179 | — |
| FY 2021 | $637 | $657 | $773 | $1,044 | $1,234 | +1.7% |
| FY 2022 | $623 | $651 | $769 | $1,020 | $1,231 | -0.5% |
| FY 2023 | $676 | $714 | $844 | $1,099 | $1,407 | +9.8% |
| FY 2024 | $743 | $759 | $905 | $1,167 | $1,497 | +7.2% |
| FY 2025 | $829 | $834 | $1,013 | $1,308 | $1,701 | +11.9% |
| FY 2026 | $865 | $871 | $1,081 | $1,410 | $1,800 | +6.7% |
| FY 2027In effect | $831 | $836 | $1,058 | $1,399 | $1,768 | -2.1% |
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 Steuben, that runs from $831 for a studio up to $1,768 for four bedrooms, all five rates in the table above.
Because Steuben 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, Corning included.
Among New York's 62 counties, Steuben ranks 51st for two-bedroom FMR. That's about 24% below the state median of $1,385 and within a couple percent of the national median county at $1,063. About 92,588 people live here, 30th 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 14801 (Addison) and $1,590 in 14819 (Cameron), 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 |
|---|---|---|---|
| 14529 | Perkinsville | $1,080 | +2.1% |
| 14572 | Wayland | $1,420 | +34.2% |
| 14801 | Addison | $1,010 | -4.5% |
| 14807 | Arkport | $1,100 | +4.0% |
| 14808 | Atlanta | $1,040 | -1.7% |
| 14809 | Avoca | $1,010 | -4.5% |
| 14810 | Bath | $1,010 | -4.5% |
| 14815 | Bradford | $1,050 | -0.8% |
| 14819 | Cameron | $1,590 | +50.3% |
| 14820 | Cameron Mills | $1,010 | -4.5% |
| 14821 | Campbell | $1,100 | +4.0% |
| 14823 | Canisteo | $1,010 | -4.5% |
| 14826 | Cohocton | $1,010 | -4.5% |
| 14827 | Coopers Plains | $1,070 | +1.1% |
| 14830 | Corning | $1,220 | +15.3% |
| 14831 | Corning | $1,058County rate | — |
| 14839 | Greenwood | $1,010 | -4.5% |
| 14840 | Hammondsport | $1,040 | -1.7% |
| 14843 | Hornell | $1,010 | -4.5% |
| 14855 | Jasper | $1,010 | -4.5% |
| 14856 | Kanona | $1,060 | +0.2% |
| 14858 | Lindley | $1,590 | +50.3% |
| 14870 | Painted Post | $1,350 | +27.6% |
| 14873 | Prattsburgh | $1,140 | +7.8% |
| 14874 | Pulteney | $1,080 | +2.1% |
| 14877 | Rexville | $1,050 | -0.8% |
| 14879 | Savona | $1,010 | -4.5% |
| 14885 | Troupsburg | $1,010 | -4.5% |
| 14898 | Woodhull | $1,010 | -4.5% |
Nearby counties
Two-bedroom FMR, with how each compares to Steuben.
Schuyler County
27 mi · 17,562 people
$1,180
+12%
Yates County
28 mi · 24,526 people
$1,057
same rate
Chemung County
32 mi · 82,147 people
$1,348
+27%
Allegany County
35 mi · 47,159 people
$1,014
-4%
Livingston County
38 mi · 61,498 people
$1,416
+34%
Seneca County
42 mi · 32,920 people
$1,145
+8%
Ontario County
43 mi · 112,625 people
$1,416
+34%
Tompkins County
49 mi · 104,537 people
$1,709
+62%
Questions people ask
$1,058 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $831 for a studio, $836 for one bedroom, $1,399 for three and $1,768 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 Steuben actually go for?
HUD's number is one input. Search any address in Steuben for a rent estimate built from nearby comps. Free to start, no card.
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