FY2026 Fair Market Rents — Seneca County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$879
1BR
$921
2BR
$1,169
3BR
$1,550
4BR
$1,961
Hours/week at min wage
55 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+8.7%
+$94 vs FY2025 · 5-yr +35.1%
Voucher payment standard
$1,052–$1,286
PHAs set HCV payment at 90–110% of the 2BR FMR
Seneca 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) | $879 | $10,548 |
| 1-Bedroom | $921 | $11,052 |
| 2-Bedroom | $1,169 | $14,028 |
| 3-Bedroom | $1,550 | $18,600 |
| 4-Bedroom | $1,961 | $23,532 |
Recent 2-Bedroom FMR Trend
FY2020 $828 → FY2026 $1,169
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $879 | $921 | $1,169 | $1,550 | $1,961 |
| FY2025 | $820 | $835 | $1,075 | $1,409 | $1,805 |
| FY2024 | $765 | $770 | $991 | $1,297 | $1,682 |
| FY2023 | $727 | $732 | $926 | $1,198 | $1,513 |
| FY2022 | $682 | $686 | $851 | $1,095 | $1,284 |
| FY2021 | $697 | $701 | $865 | $1,118 | $1,264 |
| FY2020 | $681 | $685 | $828 | $1,094 | $1,255 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $96,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,350 | $23,250 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $33,900 | $38,750 | $43,600 | $48,400 | $52,300 | $56,150 |
| 80% AMI (Low) | $54,250 | $62,000 | $69,750 | $77,450 | $83,650 | $89,850 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,028/yr
FMR as % of Area Median Income
14.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$46,760/yr
$3,897/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 | $847 | $968 | $1,089 | $1,306 | $1,403 |
| 60% AMI Maximum | $1,016 | $1,161 | $1,306 | $1,568 | $1,684 |
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 | $879 | $921 | $1,169 | $1,550 | $1,573 |
| Low HOME Rent | $847 | $968 | $1,090 | $1,210 | $1,307 |
Compare Seneca 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