FY2026 Fair Market Rents — Buffalo-Cheektowaga-Niagara Falls, NY MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,105
1BR
$1,139
2BR
$1,343
3BR
$1,640
4BR
$1,869
Hours/week at min wage
63 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
National rank
#264
of 661 U.S. metros (top 41% most expensive)
YoY change (2BR)
+14.2%
+$167 vs FY2025 · 5-yr +46%
Voucher payment standard
$1,209–$1,477
PHAs set HCV payment at 90–110% of the 2BR FMR

Buffalo-Cheektowaga-Niagara Falls, NY MSA

Metropolitan area · NY · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,105 $13,260
1-Bedroom $1,139 $13,668
2-Bedroom $1,343 $16,116
3-Bedroom $1,640 $19,680
4-Bedroom $1,869 $22,428

Recent 2-Bedroom FMR Trend

FY2020 $843 → FY2026 $1,343
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,105 $1,139 $1,343 $1,640 $1,869
FY2025 $968 $1,001 $1,176 $1,438 $1,625
FY2024 $951 $992 $1,163 $1,424 $1,604
FY2023 $869 $908 $1,069 $1,309 $1,470
FY2022 $774 $812 $963 $1,190 $1,334
FY2021 $743 $772 $920 $1,144 $1,284
FY2020 $674 $703 $843 $1,051 $1,190

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $101,500

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $21,350 $24,400 $27,450 $33,000 $38,680 $44,360
50% AMI (Very Low) $35,550 $40,600 $45,700 $50,750 $54,850 $58,900
80% AMI (Low) $56,850 $65,000 $73,100 $81,200 $87,700 $94,200

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$16,116/yr
FMR as % of Area Median Income
15.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$53,720/yr
$4,477/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $888 $1,015 $1,141 $1,370 $1,471
60% AMI Maximum $1,065 $1,218 $1,370 $1,644 $1,766

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,105 $1,139 $1,343 $1,640 $1,649
Low HOME Rent $888 $1,015 $1,142 $1,268 $1,371

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,343. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

14026 $2,010
14032 $2,010
14051 $2,010
14091 $2,010
14085 $1,940

Lowest-cost ZIPs (2BR SAFMR)

14145 $970
14070 $980
14141 $990
14139 $1,030
14030 $1,040
All 114 ZIP codes in this area
14001 14004 14006 14008 14009 14010 14012 14013 14025 14026 14027 14028 14030 14031 14032 14033 14034 14035 14036 14037 14038 14043 14047 14051 14052 14055 14057 14059 14061 14067 14068 14069 14070 14072 14075 14080 14081 14085 14086 14091 14092 14094 14095 14098 14102 14103 14105 14107 14108 14109 14110 14111 14112 14120 14126 14127 14129 14131 14132 14134 14139 14140 14141 14144 14145 14150 14151 14169 14170 14172 14173 14174 14201 14202 14203 14204 14205 14206 14207 14208 14209 14210 14211 14212 14213 14214 14215 14216 14217 14218 14219 14220 14221 14222 14223 14224 14225 14226 14227 14228 14231 14233 14240 14260 14261 14263 14272 14273 14280 14301 14302 14303 14304 14305

Compare Buffalo-Cheektowaga-Niagara Falls, NY MSA With Other NY Metros

vs. Albany-Schenectady-Troy, NY MSA vs. Binghamton, NY MSA vs. Elmira, NY MSA vs. Glens Falls, NY MSA vs. Ithaca, NY MSA

Counties in This FMR Area

Erie County Niagara County

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