FY2025 Fair Market Rents — Yates County, NY HUD Metro FMR Area

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

Studio
$761
1BR
$846
2BR
$1,110
3BR
$1,366
4BR
$1,764
Hours/week at min wage
52 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
National rank
#392
of 639 U.S. metros (top 62% most expensive)
YoY change (2BR)
+4.1%
+$44 vs FY2024 · 5-yr +43.2%
Voucher payment standard
$999–$1,221
PHAs set HCV payment at 90–110% of the 2BR FMR

Yates County, NY HUD Metro FMR Area

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

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $761 $9,132
1-Bedroom $846 $10,152
2-Bedroom $1,110 $13,320
3-Bedroom $1,366 $16,392
4-Bedroom $1,764 $21,168

Recent 2-Bedroom FMR Trend

FY2019 $760 → FY2025 $1,110
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $761 $846 $1,110 $1,366 $1,764
FY2024 $723 $811 $1,066 $1,356 $1,527
FY2023 $667 $757 $997 $1,333 $1,339
FY2022 $571 $686 $860 $1,162 $1,166
FY2021 $566 $667 $815 $1,101 $1,105
FY2020 $533 $644 $775 $1,046 $1,050
FY2019 $521 $647 $760 $1,024 $1,027

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $84,000

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $17,650 $20,440 $25,820 $31,200 $36,580 $41,960
50% AMI (Very Low) $29,400 $33,600 $37,800 $42,000 $45,400 $48,750
80% AMI (Low) $47,050 $53,800 $60,500 $67,200 $72,600 $78,000

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$13,320/yr
FMR as % of Area Median Income
15.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,400/yr
$3,700/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 $734 $840 $945 $1,134 $1,218
60% AMI Maximum $882 $1,008 $1,134 $1,360 $1,461

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 $723 $811 $1,066 $1,356 $1,365
Low HOME Rent $735 $840 $945 $1,050 $1,135

Compare Yates County, NY HUD Metro FMR Area 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

Related Pages