Biggest Rent Increases in New York — FY2026

Metro areas where the 2-bedroom FMR rose the most year-over-year in New York. Largest year-over-year 2BR increase first, based on official HUD data. · View national rankings →

Most Expensive Metros for Rent Least Expensive Metros for Rent Biggest Rent Increases Highest Income Limits
# Metro Area State FY2025 2BR FY2026 2BR Change
1 Albany-Schenectady-Troy, NY MSA NY $1,487 $1,702 +$215 (+14.5%)
2 Buffalo-Cheektowaga-Niagara Falls, NY MSA NY $1,176 $1,343 +$167 (+14.2%)
3 Rochester, NY HUD Metro FMR Area NY $1,427 $1,573 +$146 (+10.2%)
4 Watertown-Fort Drum, NY MSA NY $1,282 $1,405 +$123 (+9.6%)
5 Nassau-Suffolk, NY HUD Metro FMR Area NY $2,586 $2,747 +$161 (+6.2%)
6 Syracuse, NY MSA NY $1,321 $1,392 +$71 (+5.4%)
7 New York, NY HUD Metro FMR Area NY $2,780 $2,910 +$130 (+4.7%)
8 Ithaca, NY MSA NY $1,702 $1,753 +$51 (+3%)
9 Utica-Rome, NY MSA NY $1,159 $1,172 +$13 (+1.1%)
10 Kingston, NY MSA NY $1,799 $1,818 +$19 (+1.1%)
11 Elmira, NY MSA NY $1,283 $1,283 +$0 (+0%)
12 Glens Falls, NY MSA NY $1,352 $1,348 +$-4 (+-0.3%)
13 Binghamton, NY MSA NY $1,188 $1,103 +$-85 (+-7.2%)