PlainRent

Franklin County

FY 2026 HUD Fair Market Rents in New York. Population: 47,459.

Fair Market Rents (2026)

Studio
National avg: $893
$720/mo
↑ 6.8% YoY -19% vs US
1 Bedroom
National avg: $959
$862/mo
↑ 4.6% YoY -10% vs US
2 Bedroom
National avg: $1,175
$1,044/mo
↑ 6.2% YoY -11% vs US
3 Bedroom
National avg: $1,525
$1,299/mo
↑ 4.8% YoY -15% vs US
4 Bedroom
National avg: $1,756
$1,489/mo
↑ 4.1% YoY -15% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $674 $720 +$46 (+6.8%)
1 Bedroom $824 $862 +$38 (+4.6%)
2 Bedroom $983 $1,044 +$61 (+6.2%)
3 Bedroom $1,239 $1,299 +$60 (+4.8%)
4 Bedroom $1,430 $1,489 +$59 (+4.1%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$34,480
$2,873/month gross
Required annual income for 2 BR
$41,760
$3,480/month gross

Other Counties in New York

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.