FY2026 Fair Market Rents — Onondaga County
Studio
$995
1BR
$1,123
2BR
$1,392
3BR
$1,691
4BR
$1,848
Onondaga County, New York
FIPS 36067 · County-level FMR and income limit data
FMR Area: Syracuse, NY MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $995 | $11,940 |
| 1-Bedroom | $1,123 | $13,476 |
| 2-Bedroom | $1,392 | $16,704 |
| 3-Bedroom | $1,691 | $20,292 |
| 4-Bedroom | $1,848 | $22,176 |
To afford the FY2026 2-bedroom FMR of $1,392/mo under the 30%-of-income rule, a household needs about
$55,680/yr ($4,640/mo). Area Median Income is $106,800.
At NY's state minimum wage of $16.50/hr, a worker would need to work 65 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $995 | $1,123 | $1,392 | $1,691 | $1,848 |
| FY2025 | $963 | $1,074 | $1,321 | $1,616 | $1,821 |
| FY2024 | $828 | $916 | $1,126 | $1,381 | $1,600 |
| FY2023 | $801 | $897 | $1,109 | $1,367 | $1,579 |
| FY2022 | $694 | $781 | $966 | $1,198 | $1,390 |
| FY2021 | $648 | $729 | $901 | $1,124 | $1,303 |
| FY2020 | $633 | $723 | $900 | $1,127 | $1,291 |
FY2026 Income Limits
Area Median Income: $106,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,450 | $25,650 | $28,850 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $37,400 | $42,750 | $48,100 | $53,400 | $57,700 | $61,950 |
| 80% AMI | $59,850 | $68,400 | $76,950 | $85,450 | $92,300 | $99,150 |