PlainRent

Tompkins County

FY 2026 HUD Fair Market Rents in New York. Population: 102,555.

Fair Market Rents (2026)

Studio
National avg: $893
$1,263/mo
↓ 4.3% YoY +41% vs US
1 Bedroom
National avg: $959
$1,466/mo
↓ 1.5% YoY +53% vs US
2 Bedroom
National avg: $1,175
$1,753/mo
↑ 3.0% YoY +49% vs US
3 Bedroom
National avg: $1,525
$2,102/mo
↑ 2.5% YoY +38% vs US
4 Bedroom
National avg: $1,756
$2,624/mo
↑ 11.5% YoY +49% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,320 $1,263 $-57 (-4.3%)
1 Bedroom $1,489 $1,466 $-23 (-1.5%)
2 Bedroom $1,702 $1,753 +$51 (+3.0%)
3 Bedroom $2,051 $2,102 +$51 (+2.5%)
4 Bedroom $2,353 $2,624 +$271 (+11.5%)

Affordability Snapshot

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

Required annual income for 1 BR
$58,640
$4,887/month gross
Required annual income for 2 BR
$70,120
$5,843/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.