FY2027 Fair Market Rent · New York
Niagara County Fair Market Rent & Income Limits
HUD's FY2027 Fair Market Rent for a two-bedroom home in Niagara County, NY is $1,423 a month, up 6.0% from FY2026. The area median family income is $101,500, and a family of four counts as low income up to $81,200 a year.
Fair Market Rent by unit size
FY2027 FY2026
Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.
Check your household
Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Niagara County, NY.
Low income (80% limit)
A household of 4 earning $79,200 is under the 80% limit of $81,200 for this area. At 30% of income it could pay about $1,980 a month for rent and utilities.
This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.
Income limits in Niagara County
HUD's FY2026 income limits for Buffalo-Cheektowaga, NY are based on a median family income of $101,500. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.
| People | Extremely low30% / poverty | Very low50% | 60% (LIHTC)MTSP | Low income80% |
|---|---|---|---|---|
| 1 | $21,350 | $35,550 | $42,660 | $56,850 |
| 2 | $24,400 | $40,600 | $48,720 | $65,000 |
| 3 | $27,450 | $45,700 | $54,840 | $73,100 |
| 4 | $33,000 | $50,750 | $60,900 | $81,200 |
| 5 | $38,680 | $54,850 | $65,820 | $87,700 |
| 6 | $44,360 | $58,900 | $70,680 | $94,200 |
| 7 | $50,040 | $62,950 | $75,540 | $100,700 |
| 8 | $55,720 | $67,000 | $80,400 | $107,200 |
Rent history
Since FY2017 the two-bedroom FMR here has gone from $810 to $1,423, up 75.7% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $361.
What it takes to afford the rent
To keep a two-bedroom rent of $1,423 at no more than 30% of income, the usual affordability rule, a household needs about $56,900 a year. That is 56% of the area median family income of $101,500, so a typical family can afford it with room to spare.
| Unit | FY2027 | FY2026 | FY2025 | Income to affordat 30% |
|---|---|---|---|---|
| Studio | $1,178 | $1,105 | $968 | $47,100 |
| 1 bedroom | $1,203 | $1,139 | $1,001 | $48,100 |
| 2 bedrooms | $1,423 | $1,343 | $1,176 | $56,900 |
| 3 bedrooms | $1,732 | $1,640 | $1,438 | $69,300 |
| 4 bedrooms | $1,977 | $1,869 | $1,625 | $79,100 |
How Niagara County compares
Niagara County is part of the Buffalo-Cheektowaga, NY HUD Metro FMR Area, together with Erie County. HUD publishes one Fair Market Rent and one set of income limits for the whole area, so the numbers on this page apply in every county of it.
Niagara County has the 26th highest two-bedroom Fair Market Rent of the 62 counties in New York; the population-weighted average across New York is $2,402 and the nationwide average is $1,751.
Small Area FMRs by ZIP code
HUD also publishes Small Area Fair Market Rents for each ZIP code. In Niagara County the two-bedroom figure ranges from $1,010 to $1,520 across 23 ZIP codes, against the area-wide $1,423. Buffalo-Cheektowaga, NY is one of HUD's mandatory Small Area FMR areas (designated 2023), so housing agencies there must set voucher payment standards from these ZIP-code rents.
| ZIP | Place | 2 BR SAFMR | 110% payment std. |
|---|---|---|---|
| 14174 | Youngstown | $1,520 | $1,672 |
| 14172 | Wilson | $1,360 | $1,496 |
| 14120 | North Tonawanda | $1,340 | $1,474 |
| 14092 | Lewiston | $1,330 | $1,463 |
| 14109 | Niagara University | $1,330 | $1,463 |
| 14305 | Niagara Falls | $1,330 | $1,463 |
| 14094 | Lockport | $1,310 | $1,441 |
| 14132 | Sanborn | $1,280 | $1,408 |
| 14304 | Niagara Falls | $1,270 | $1,397 |
| 14095 | Lockport | $1,240 | $1,364 |
| 14107 | Model City | $1,240 | $1,364 |
| 14126 | Olcott | $1,240 | $1,364 |
| 14144 | Stella Niagara | $1,240 | $1,364 |
| 14012 | Barker | $1,210 | $1,331 |
| 14028 | Burt | $1,210 | $1,331 |
| 14067 | Gasport | $1,180 | $1,298 |
| 14131 | Ransomville | $1,180 | $1,298 |
| 14008 | Appleton | $1,170 | $1,287 |
| 14303 | Niagara Falls | $1,170 | $1,287 |
| 14108 | Newfane | $1,130 | $1,243 |
| 14301 | Niagara Falls | $1,080 | $1,188 |
| 14302 | Niagara Falls | $1,080 | $1,188 |
| 14105 | Middleport | $1,010 | $1,111 |
Questions
What is the Fair Market Rent in Niagara County, NY for 2027?
For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in Niagara County, NY are $1,178 for a studio, $1,203 for one bedroom, $1,423 for two bedrooms, $1,732 for three and $1,977 for four bedrooms, per month including utilities.
What is the area median income in Niagara County, NY?
HUD's FY2026 median family income for the area is $101,500, up 0.5% from $101,000 in FY2025.
What is 80% of AMI in Niagara County, NY for a family of 4?
The FY2026 low-income limit (80%) for a household of four is $81,200 a year. The very low-income limit (50%) is $50,750 and the extremely low-income limit is $33,000.
What is the 60% AMI limit for tax credit housing in Niagara County, NY?
Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $42,660 for one person and $60,900 for four.
Is the Fair Market Rent the same as the Section 8 payment standard?
No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $1,281 to $1,565), and can ask HUD for exceptions. Check the payment standard with your local housing agency.