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)
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

Non-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

Compare Buffalo-Cheektowaga-Niagara Falls, NY MSA 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

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