FY2026 Fair Market Rents — Essex County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$891
1BR
$903
2BR
$1,185
3BR
$1,455
4BR
$1,645
Hours/week at min wage
56 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+9.2%
+$100 vs FY2025 · 5-yr +38.9%
Voucher payment standard
$1,067–$1,304
PHAs set HCV payment at 90–110% of the 2BR FMR
Essex 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) | $891 | $10,692 |
| 1-Bedroom | $903 | $10,836 |
| 2-Bedroom | $1,185 | $14,220 |
| 3-Bedroom | $1,455 | $17,460 |
| 4-Bedroom | $1,645 | $19,740 |
Recent 2-Bedroom FMR Trend
FY2020 $863 → FY2026 $1,185
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $891 | $903 | $1,185 | $1,455 | $1,645 |
| FY2025 | $828 | $848 | $1,085 | $1,407 | $1,602 |
| FY2024 | $824 | $828 | $971 | $1,309 | $1,446 |
| FY2023 | $788 | $822 | $934 | $1,316 | $1,365 |
| FY2022 | $691 | $739 | $844 | $1,162 | $1,166 |
| FY2021 | $680 | $719 | $853 | $1,157 | $1,161 |
| FY2020 | $663 | $710 | $863 | $1,164 | $1,179 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $94,200
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $19,800 | $22,600 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $33,000 | $37,700 | $42,400 | $47,100 | $50,900 | $54,650 |
| 80% AMI (Low) | $52,750 | $60,300 | $67,850 | $75,350 | $81,400 | $87,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,220/yr
FMR as % of Area Median Income
15.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$47,400/yr
$3,950/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 | $824 | $942 | $1,059 | $1,271 | $1,365 |
| 60% AMI Maximum | $989 | $1,130 | $1,271 | $1,526 | $1,639 |
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 | $891 | $903 | $1,185 | $1,455 | $1,530 |
| Low HOME Rent | $825 | $942 | $1,060 | $1,177 | $1,272 |
Compare Essex 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