PlainRent

Herkimer County

FY 2026 HUD Fair Market Rents in New York. Population: 60,293.

Fair Market Rents (2026)

Studio
National avg: $893
$899/mo
↓ 2.5% YoY +1% vs US
1 Bedroom
National avg: $959
$926/mo
↓ 0.2% YoY -3% vs US
2 Bedroom
National avg: $1,175
$1,172/mo
↑ 1.1% YoY -0% vs US
3 Bedroom
National avg: $1,525
$1,405/mo
↑ 0.6% YoY -8% vs US
4 Bedroom
National avg: $1,756
$1,623/mo
↓ 1.7% YoY -8% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $922 $899 $-23 (-2.5%)
1 Bedroom $928 $926 $-2 (-0.2%)
2 Bedroom $1,159 $1,172 +$13 (+1.1%)
3 Bedroom $1,396 $1,405 +$9 (+0.6%)
4 Bedroom $1,651 $1,623 $-28 (-1.7%)

Affordability Snapshot

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

Required annual income for 1 BR
$37,040
$3,087/month gross
Required annual income for 2 BR
$46,880
$3,907/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.