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New York · FIPS 36053 · HUD FY 2027

Madison County, New York Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Madison County is $1,493 a month (rent plus utilities), 38% below the New York average of $2,402 and 15% below the U.S. average of $1,761. That is up $101 (7.3%) from FY 2026. At 30% of income, a household needs about $59,720 a year to afford it.

  • $1,4932-bedroom FMR+$101 (+7.3%) vs FY 2026
  • $1,1961-bedroom FMRNew York: $2,120 · U.S.: $1,478
  • $59,720Income for a 2-bedroom$29/hour full-time
  • 21 of 622BR rank in New York1 = highest rent

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.

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

Rent you can afford at 30% of income$1,493/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Madison County FMR$1,493$59,720–
New York average$2,402$96,061–
U.S. average$1,761$70,432–
Madison County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitMadison County FY 2027FY 2026ChangeNew York avgU.S. avgIncome needed
Studio$1,050$995+$55 (+5.5%)$1,968$1,379$42,000
1 bedroom$1,196$1,123+$73 (+6.5%)$2,120$1,478$47,840
2 bedrooms$1,493$1,392+$101 (+7.3%)$2,402$1,761$59,720
3 bedrooms$1,808$1,691+$117 (+6.9%)$3,028$2,266$72,320
4 bedrooms$1,962$1,848+$114 (+6.2%)$3,310$2,607$78,480

How Madison County compares

  • HUD sets this rent for the Syracuse, NY metro FMR area, which covers 656,410 residents in 3 counties.
  • Across New York, 2-bedroom FMRs run from $1,014 (Wyoming County) to $2,971 (Bronx County).
  • Studio to 4-bedroom: $1,050, $1,196, $1,493, $1,808, $1,962. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 25 ZIP codes mostly in Madison County (by land area), the 2-bedroom figure ranges from $1,260 to $2,240.

Small Area FMRs by ZIP code in Madison County

FY 2027 Small Area Fair Market Rents, ZIP codes in Madison County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
13030$900$1,020$1,260$1,530$1,670+$70 (+5.9%)16% below
13032$920$1,050$1,310$1,580$1,720+$50 (+4.0%)12% below
13035$1,190$1,350$1,690$2,050$2,220+$120 (+7.6%)13% above
13037$900$1,020$1,260$1,530$1,670+$70 (+5.9%)16% below
13052$900$1,020$1,260$1,530$1,810+$70 (+5.9%)16% below
13061$900$1,020$1,260$1,530$1,670−$30 (−2.3%)16% below
13072$900$1,020$1,260$1,530$1,670+$70 (+5.9%)16% below
13082$900$1,020$1,260$1,530$1,670no change16% below
13122$1,050$1,190$1,490$1,800$1,960+$190 (+14.6%)about the same as
13134$970$1,110$1,390$1,680$1,820+$90 (+6.9%)7% below
13163$910$1,040$1,300$1,570$1,710+$50 (+4.0%)13% below
13310$900$1,020$1,260$1,530$1,670−$130 (−9.4%)16% below
13314$920$1,030$1,290$1,570$1,730+$20 (+1.6%)14% below
13332$1,150$1,270$1,570$1,960$2,120+$160 (+11.3%)5% above
13334$1,040$1,170$1,460$1,790$1,930+$270 (+22.7%)2% below
13346$1,220$1,390$1,730$2,100$2,270+$110 (+6.8%)16% above
13355$900$1,020$1,260$1,530$1,670+$70 (+5.9%)16% below
13364$900$1,020$1,260$1,530$1,670+$70 (+5.9%)16% below
13402$900$1,020$1,280$1,540$1,690+$10 (+0.8%)14% below
13408$950$1,080$1,350$1,640$1,770+$90 (+7.1%)10% below
13409$910$1,040$1,300$1,570$1,700+$80 (+6.6%)13% below
13418$1,570$1,790$2,240$2,710$2,940+$150 (+7.2%)50% above
13421$900$1,020$1,260$1,530$1,670+$70 (+5.9%)16% below
13484$920$1,050$1,310$1,590$1,720+$120 (+10.1%)12% below
13485$900$1,020$1,260$1,530$1,670+$50 (+4.1%)16% below

Sources

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.

All New York counties · How HUD sets these rents