What is the Fair Market Rent for a 2-bedroom in Nassau-Suffolk, NY HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Nassau-Suffolk, NY HUD Metro FMR Area is $2,747 per month for fiscal year 2026. The studio FMR is $1,992, 1-bedroom is $2,379, 3-bedroom is $3,563, and 4-bedroom is $3,768.

What income do you need to afford the FMR in Nassau-Suffolk, NY HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $109,880 per year ($9,157 per month) to afford the FY2026 2-bedroom Fair Market Rent of $2,747 in Nassau-Suffolk, NY HUD Metro FMR Area.

FY2026 Fair Market Rents — Nassau-Suffolk, NY HUD Metro FMR Area

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

Studio

$1,992

1BR

$2,379

2BR

$2,747

3BR

$3,563

4BR

$3,768

Hours/week at min wage

129 hrs

to afford the 2BR FMR @ $16.50/hr (NY)

National rank

#15

of 661 U.S. metros (top 3% most expensive)

YoY change (2BR)

+6.2%

+$161 vs FY2025 · 5-yr +35%

Voucher payment standard

$2,472–$3,022

PHAs set HCV payment at 90–110% of the 2BR FMR

Nassau-Suffolk, NY HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,992	$23,904
1-Bedroom	$2,379	$28,548
2-Bedroom	$2,747	$32,964
3-Bedroom	$3,563	$42,756
4-Bedroom	$3,768	$45,216

Recent 2-Bedroom FMR Trend

FY2020 $1,992 → FY2026 $2,747

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,992	$2,379	$2,747	$3,563	$3,768
FY2025	$1,848	$2,241	$2,586	$3,352	$3,591
FY2024	$1,708	$2,144	$2,508	$3,246	$3,521
FY2023	$1,536	$1,914	$2,297	$2,952	$3,245
FY2022	$1,372	$1,695	$2,065	$2,642	$2,911
FY2021	$1,343	$1,659	$2,035	$2,606	$2,896
FY2020	$1,298	$1,624	$1,992	$2,563	$2,858

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $164,300

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$34,550	$39,450	$44,400	$49,300	$53,250	$57,200
50% AMI (Very Low)	$57,550	$65,750	$73,950	$82,150	$88,750	$95,300
80% AMI (Low)	$89,700	$102,500	$115,300	$128,100	$138,350	$148,600

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$32,964/yr

FMR as % of Area Median Income

20.1% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$109,880/yr

$9,157/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	$1,437	$1,643	$1,848	$2,218	$2,382
60% AMI Maximum	$1,725	$1,971	$2,218	$2,661	$2,858

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	$1,992	$2,379	$2,669	$2,669	$2,669
Low HOME Rent	$1,438	$1,643	$1,848	$2,053	$2,218

Compare Nassau-Suffolk, 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

Nassau County Suffolk County