FY2026 Fair Market Rents — Steuben County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$865
1BR
$871
2BR
$1,081
3BR
$1,410
4BR
$1,800
Hours/week at min wage
51 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+6.7%
+$68 vs FY2025 · 5-yr +39.8%
Voucher payment standard
$973–$1,189
PHAs set HCV payment at 90–110% of the 2BR FMR
Steuben 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) | $865 | $10,380 |
| 1-Bedroom | $871 | $10,452 |
| 2-Bedroom | $1,081 | $12,972 |
| 3-Bedroom | $1,410 | $16,920 |
| 4-Bedroom | $1,800 | $21,600 |
Recent 2-Bedroom FMR Trend
FY2020 $760 → FY2026 $1,081
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $865 | $871 | $1,081 | $1,410 | $1,800 |
| FY2025 | $829 | $834 | $1,013 | $1,308 | $1,701 |
| FY2024 | $743 | $759 | $905 | $1,167 | $1,497 |
| FY2023 | $676 | $714 | $844 | $1,099 | $1,407 |
| FY2022 | $623 | $651 | $769 | $1,020 | $1,231 |
| FY2021 | $637 | $657 | $773 | $1,044 | $1,234 |
| FY2020 | $632 | $641 | $760 | $1,020 | $1,179 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $89,800
| 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
$12,972/yr
FMR as % of Area Median Income
14.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,240/yr
$3,603/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 | $785 | $898 | $1,010 | $1,212 | $1,302 |
| 60% AMI Maximum | $942 | $1,077 | $1,212 | $1,454 | $1,562 |
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 | $865 | $871 | $1,081 | $1,410 | $1,459 |
| Low HOME Rent | $787 | $900 | $1,012 | $1,123 | $1,213 |
Compare Steuben 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