Otsego County
FY 2026 HUD Fair Market Rents in New York. Population: 59,678.
Fair Market Rents (2026)
Studio
National avg: $893
$847/mo
↑ 4.3% YoY
-5% vs US
1 Bedroom
National avg: $959
$965/mo
↑ 0.8% YoY
+1% vs US
2 Bedroom
National avg: $1,175
$1,228/mo
↑ 3.7% YoY
+5% vs US
3 Bedroom
National avg: $1,525
$1,472/mo
↑ 3.2% YoY
-3% vs US
4 Bedroom
National avg: $1,756
$1,626/mo
↑ 3.6% YoY
-7% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $812 | $847 | +$35 (+4.3%) |
| 1 Bedroom | $957 | $965 | +$8 (+0.8%) |
| 2 Bedroom | $1,184 | $1,228 | +$44 (+3.7%) |
| 3 Bedroom | $1,426 | $1,472 | +$46 (+3.2%) |
| 4 Bedroom | $1,570 | $1,626 | +$56 (+3.6%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$38,600
$3,217/month gross
Required annual income for 2 BR
$49,120
$4,093/month gross
Other Counties in New York
Livingston County
1 BR: $1,256/mo
Wyoming County
1 BR: $844/mo
Fulton County
1 BR: $828/mo
Herkimer County
1 BR: $926/mo
Steuben County
1 BR: $871/mo
Madison County
1 BR: $1,123/mo
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.