FY2025 Fair Market Rents — Poughkeepsie-Newburgh-Middletown, NY MSA

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio
$1,308
1BR
$1,492
2BR
$1,907
3BR
$2,433
4BR
$2,631
Hours/week at min wage
89 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
National rank
#63
of 639 U.S. metros (top 11% most expensive)
YoY change (2BR)
+4.5%
+$82 vs FY2024
Voucher payment standard
$1,716–$2,098
PHAs set HCV payment at 90–110% of the 2BR FMR

Poughkeepsie-Newburgh-Middletown, NY MSA

Metropolitan area · NY · View full history · Income limits · LIHTC rents

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,308 $15,696
1-Bedroom $1,492 $17,904
2-Bedroom $1,907 $22,884
3-Bedroom $2,433 $29,196
4-Bedroom $2,631 $31,572

Recent 2-Bedroom FMR Trend

FY2022 $1,412 → FY2025 $1,907
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $1,308 $1,492 $1,907 $2,433 $2,631
FY2024 $1,237 $1,419 $1,825 $2,315 $2,560
FY2023 $1,126 $1,233 $1,583 $2,016 $2,238
FY2022 $1,033 $1,107 $1,412 $1,796 $2,022

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $114,800

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $24,150 $27,600 $31,050 $34,450 $37,250 $41,960
50% AMI (Very Low) $40,200 $45,950 $51,700 $57,400 $62,000 $66,600
80% AMI (Low) $64,300 $73,500 $82,700 $91,850 $99,200 $106,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$22,884/yr
FMR as % of Area Median Income
19.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$76,280/yr
$6,357/mo gross income

FY2024 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 $1,004 $1,148 $1,291 $1,549 $1,664
60% AMI Maximum $1,205 $1,377 $1,549 $1,859 $1,997

FY2024 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 $1,237 $1,419 $1,825 $1,865 $1,865
Low HOME Rent $1,005 $1,148 $1,292 $1,435 $1,550

Compare Poughkeepsie-Newburgh-Middletown, 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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