Least Expensive Metros for Rent in New York — FY2026
U.S. metro areas with the lowest HUD 2-bedroom Fair Market Rents in New York. Lowest 2-bedroom FMR 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 | Studio | 2BR | 4BR |
|---|---|---|---|---|---|
| 1 | Binghamton, NY MSA | NY | $783 | $1,103 | $1,622 |
| 2 | Utica-Rome, NY MSA | NY | $899 | $1,172 | $1,623 |
| 3 | Elmira, NY MSA | NY | $949 | $1,283 | $1,713 |
| 4 | Buffalo-Cheektowaga-Niagara Falls, NY MSA | NY | $1,105 | $1,343 | $1,869 |
| 5 | Glens Falls, NY MSA | NY | $1,041 | $1,348 | $1,785 |
| 6 | Syracuse, NY MSA | NY | $995 | $1,392 | $1,848 |
| 7 | Watertown-Fort Drum, NY MSA | NY | $969 | $1,405 | $2,340 |
| 8 | Rochester, NY HUD Metro FMR Area | NY | $1,116 | $1,573 | $2,083 |
| 9 | Albany-Schenectady-Troy, NY MSA | NY | $1,217 | $1,702 | $2,253 |
| 10 | Ithaca, NY MSA | NY | $1,263 | $1,753 | $2,624 |
| 11 | Kingston, NY MSA | NY | $1,303 | $1,818 | $2,407 |
| 12 | Kiryas Joel-Poughkeepsie-Newburgh, NY MSA | NY | $1,364 | $1,979 | $2,694 |
| 13 | Nassau-Suffolk, NY HUD Metro FMR Area | NY | $1,992 | $2,747 | $3,768 |
| 14 | New York, NY HUD Metro FMR Area | NY | $2,529 | $2,910 | $3,959 |