FY2026 Fair Market Rents — Cayuga County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$884
1BR
$889
2BR
$1,124
3BR
$1,463
4BR
$1,679
Hours/week at min wage
53 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+5.4%
+$58 vs FY2025 · 5-yr +32.7%
Voucher payment standard
$1,012–$1,236
PHAs set HCV payment at 90–110% of the 2BR FMR
Cayuga County, NY
Non-Metropolitan area · NY · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $884 | $10,608 |
| 1-Bedroom | $889 | $10,668 |
| 2-Bedroom | $1,124 | $13,488 |
| 3-Bedroom | $1,463 | $17,556 |
| 4-Bedroom | $1,679 | $20,148 |
Recent 2-Bedroom FMR Trend
FY2020 $817 → FY2026 $1,124
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $884 | $889 | $1,124 | $1,463 | $1,679 |
| FY2025 | $820 | $826 | $1,066 | $1,363 | $1,588 |
| FY2024 | $728 | $733 | $958 | $1,210 | $1,409 |
| FY2023 | $728 | $734 | $937 | $1,181 | $1,371 |
| FY2022 | $633 | $677 | $846 | $1,072 | $1,199 |
| FY2021 | $638 | $685 | $847 | $1,076 | $1,197 |
| FY2020 | $603 | $657 | $817 | $1,032 | $1,127 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $86,000
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,900 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $31,500 | $36,000 | $40,500 | $44,950 | $48,550 | $52,150 |
| 80% AMI (Low) | $50,350 | $57,550 | $64,750 | $71,900 | $77,700 | $83,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,488/yr
FMR as % of Area Median Income
15.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,960/yr
$3,747/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 | $752 | $860 | $967 | $1,161 | $1,247 |
| 60% AMI Maximum | $903 | $1,032 | $1,161 | $1,393 | $1,496 |
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 | $884 | $889 | $1,124 | $1,397 | $1,397 |
| Low HOME Rent | $787 | $900 | $1,012 | $1,123 | $1,213 |
Compare Cayuga County, NY With Other NY Metros
vs. Albany-Schenectady-Troy, NY MSA
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vs. Buffalo-Cheektowaga-Niagara Falls, NY MSA
vs. Elmira, NY MSA
vs. Glens Falls, NY MSA