FY2026 Fair Market Rents — Chenango County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$848
1BR
$855
2BR
$973
3BR
$1,353
4BR
$1,482
Hours/week at min wage
46 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+3.7%
+$35 vs FY2025 · 5-yr +23%
Voucher payment standard
$876–$1,070
PHAs set HCV payment at 90–110% of the 2BR FMR
Chenango 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) | $848 | $10,176 |
| 1-Bedroom | $855 | $10,260 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,353 | $16,236 |
| 4-Bedroom | $1,482 | $17,784 |
Recent 2-Bedroom FMR Trend
FY2020 $780 → FY2026 $973
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $848 | $855 | $973 | $1,353 | $1,482 |
| FY2025 | $754 | $820 | $938 | $1,292 | $1,418 |
| FY2024 | $672 | $777 | $905 | $1,214 | $1,354 |
| FY2023 | $577 | $696 | $829 | $1,077 | $1,192 |
| FY2022 | $525 | $638 | $767 | $979 | $1,044 |
| FY2021 | $543 | $646 | $791 | $1,007 | $1,073 |
| FY2020 | $546 | $629 | $780 | $978 | $1,057 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $83,500
| 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
$11,676/yr
FMR as % of Area Median Income
14% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,920/yr
$3,243/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 | $730 | $835 | $939 | $1,127 | $1,210 |
| 60% AMI Maximum | $876 | $1,002 | $1,127 | $1,352 | $1,452 |
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 | $848 | $855 | $973 | $1,353 | $1,356 |
| Low HOME Rent | $787 | $900 | $1,012 | $1,123 | $1,213 |
Compare Chenango County, NY 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