FY2021 Fair Market Rents — Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2021 in this area are:

Studio
$1,088
1BR
$1,160
2BR
$1,467
3BR
$1,868
4BR
$2,097
Hours/week at min wage
69 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
National rank
#59
of 632 U.S. metros (top 10% most expensive)
YoY change (2BR)
+5%
+$70 vs FY2020
Voucher payment standard
$1,320–$1,614
PHAs set HCV payment at 90–110% of the 2BR FMR

Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area

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

FY2021 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,088 $13,056
1-Bedroom $1,160 $13,920
2-Bedroom $1,467 $17,604
3-Bedroom $1,868 $22,416
4-Bedroom $2,097 $25,164

Recent 2-Bedroom FMR Trend

FY2017 $1,269 → FY2021 $1,467
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2021 $1,088 $1,160 $1,467 $1,868 $2,097
FY2020 $1,021 $1,112 $1,397 $1,780 $2,049
FY2019 $969 $1,073 $1,346 $1,721 $2,008
FY2018 $916 $1,057 $1,321 $1,692 $2,000
FY2017 $857 $1,021 $1,269 $1,628 $1,888

View full FMR history back to FY2000 →

FY2021 Income Limits

Area Median Income (AMI): $100,500

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $21,150 $24,150 $27,150 $30,150 $32,600 $35,580
50% AMI (Very Low) $35,200 $40,200 $45,250 $50,250 $54,300 $58,300
80% AMI (Low) $55,950 $63,950 $71,950 $79,900 $86,300 $92,700

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$17,604/yr
FMR as % of Area Median Income
17.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$58,680/yr
$4,890/mo gross income

FY2021 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 $879 $1,005 $1,130 $1,356 $1,457
60% AMI Maximum $1,055 $1,206 $1,356 $1,628 $1,748

FY2021 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 $1,088 $1,160 $1,467 $1,633 $1,633
Low HOME Rent $880 $1,005 $1,131 $1,256 $1,357

Compare Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area With Other NY Metros

vs. Albany-Schenectady-Troy, NY MSA vs. Binghamton, NY MSA vs. Buffalo-Cheektowaga-Niagara Falls, NY MSA vs. Elmira, NY MSA vs. Glens Falls, NY MSA

Counties in This FMR Area

Related Pages