FY2026 Fair Market Rents — Chenango County
Studio
$848
1BR
$855
2BR
$973
3BR
$1,353
4BR
$1,482
Chenango County, New York
FIPS 36017 · County-level FMR and income limit data
FMR Area: Chenango County, NY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $848 | $10,176 |
| 1-Bedroom | $855 | $10,260 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,353 | $16,236 |
| 4-Bedroom | $1,482 | $17,784 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $83,500.
At NY's state minimum wage of $16.50/hr, a worker would need to work 46 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $848 | $855 | $973 | $1,353 | $1,482 |
| FY2025 | $754 | $820 | $938 | $1,292 | $1,418 |
| FY2024 | $672 | $777 | $905 | $1,214 | $1,354 |
| FY2023 | $577 | $696 | $829 | $1,077 | $1,192 |
| FY2022 | $525 | $638 | $767 | $979 | $1,044 |
| FY2021 | $543 | $646 | $791 | $1,007 | $1,073 |
| FY2020 | $546 | $629 | $780 | $978 | $1,057 |
FY2026 Income Limits
Area Median Income: $83,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,900 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,500 | $36,000 | $40,500 | $44,950 | $48,550 | $52,150 |
| 80% AMI | $50,350 | $57,550 | $64,750 | $71,900 | $77,700 | $83,450 |