Metro FMR area · NY · HUD FY 2027

Ithaca, NY Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Ithaca, NY area is $1,709 a month, 29% below the New York average and 3% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 21 ZIP codes range from $1,580 to $1,950.

$1,7092-bedroom FMR−$44 (−2.5%) vs FY 2026
$1,4271-bedroom FMRU.S.: $1,478
$68,360Income for a 2-bedroomat 30% of income
104,537Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,709/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Ithaca, NY FMR	$1,709	$68,360	–
New York average	$2,402	$96,061	–
U.S. average	$1,761	$70,432	–

Ithaca, NY Fair Market Rents, FY 2027 vs FY 2026
Unit	Ithaca, NY FY 2027	FY 2026	Change	New York avg	U.S. avg	Income needed
Studio	$1,198	$1,263	−$65 (−5.1%)	$1,968	$1,379	$47,920
1 bedroom	$1,427	$1,466	−$39 (−2.7%)	$2,120	$1,478	$57,080
2 bedrooms	$1,709	$1,753	−$44 (−2.5%)	$2,402	$1,761	$68,360
3 bedrooms	$2,040	$2,102	−$62 (−2.9%)	$3,028	$2,266	$81,600
4 bedrooms	$2,631	$2,624	+$7 (+0.3%)	$3,310	$2,607	$105,240

Counties in this FMR area

Counties in the Ithaca, NY FMR area
County	Residents in area
Tompkins County, NY	104,537

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,580.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Ithaca, NY
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
13045	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13053	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13062	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13068	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13073	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13081	$1,310	$1,320	$1,610	$2,140	$2,450	−$80 (−4.7%)	6% below
13092	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13102	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13736	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
13864	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
14817	$1,320	$1,530	$1,830	$2,200	$2,780	−$200 (−9.9%)	7% above
14850	$1,370	$1,630	$1,950	$2,330	$3,000	+$60 (+3.2%)	14% above
14851	$1,200	$1,430	$1,710	$2,040	$2,630	−$40 (−2.3%)	about the same as
14852	$1,200	$1,430	$1,710	$2,040	$2,630	−$40 (−2.3%)	about the same as
14853	$1,370	$1,630	$1,950	$2,330	$3,000	+$60 (+3.2%)	14% above
14854	$1,150	$1,350	$1,650	$1,990	$2,460	no change	3% below
14867	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
14881	$1,310	$1,550	$1,860	$2,230	$2,860	−$120 (−6.1%)	9% above
14882	$1,200	$1,410	$1,690	$2,020	$2,600	−$50 (−2.9%)	1% below
14883	$1,140	$1,320	$1,580	$1,900	$2,370	+$40 (+2.6%)	8% below
14886	$1,140	$1,320	$1,580	$1,900	$2,370	+$20 (+1.3%)	8% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.