10174 New York, NY Fair Market Rent

What the FMR for ZIP 10174 actually means

HUD publishes Small Area Fair Market Rents at the ZIP code level for designated metros. ZIP 10174 (New York, NY) is covered by New York, NY HUD Metro FMR Area, so FY 2026 figures here are ZIP-specific: $3,270 for a 1-bedroom, studio $3,120, 2-bedroom $3,590, 3-bedroom $4,500, and 4-bedroom $4,880. These are 40th-percentile gross rents (utilities except telephone), not live asking rents. Housing Choice Voucher payment standards are typically set between 90% and 110% of the applicable FMR/SAFMR.

Because this page uses SAFMR, nearby ZIPs in New York can show different bedroom figures. Against the national benchmark the 1-bedroom SAFMR here is 241% above the US average of $959, and 149% above the NY state average of $1,315.

For budgeting, the 30% affordability rule says rent should not exceed 30% of gross household income. At the FY 2026 1-bedroom FMR of $3,270, that implies a household income of $130,800 per year (about $10,900/month) to avoid being cost-burdened, a 2-bedroom at $3,590 lifts that threshold higher still. The ratio of FMR to local wages is the simplest test of whether a renter can live here without being cost-burdened.