FY2027 Small Area FMR · Mount Vernon, NY

ZIP 10550 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 10550 (Mount Vernon, NY) is $2,860 a month, up 4.8% from FY2026. That is 4% below the New York, NY area-wide FMR of $2,971.

2-bedroom SAFMR$2,860per month ▲ 4.8%

Area-wide 2 BR FMR$2,971New York, NY

Rank in the area316thof 410 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,574

2 BR Small Area FMR$2,860

110% of SAFMR$3,146

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$2,500▲ 5.5%

1 BR$2,630▲ 5.6%

2 BR$2,860▲ 4.8%

3 BR$3,620▲ 5.8%

4 BR$3,970▲ 7.0%

FY2027 FY2026

Where 10550 sits in the New York, NY area

Of the 410 ZIP codes HUD lists for the area, 10550 has the 316th highest two-bedroom Small Area FMR. New York, NY is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,971 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,860 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,500	$2,250 – $2,750	$2,593	$2,370
1 bedroom	$2,630	$2,367 – $2,893	$2,729	$2,490
2 bedrooms	$2,860	$2,574 – $3,146	$2,971	$2,730
3 bedrooms	$3,620	$3,258 – $3,982	$3,760	$3,420
4 bedrooms	$3,970	$3,573 – $4,367	$4,121	$3,710

A household renting a two-bedroom home at the Small Area FMR of $2,860 needs about $114,400 a year to keep housing costs at 30% of income. The area median family income is $104,300 and the 80% low-income limit for four people is $135,700. ZIP code 10550 lies mainly in Westchester County and Bronx County. See the New York, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
10553	Mount Vernon	0.7 mi	$2,790
10466	Bronx	1.2 mi	$2,730
10552	Mount Vernon	1.4 mi	$2,770
10803	Pelham	1.5 mi	$3,540
10704	Yonkers	1.7 mi	$2,930
10470	Bronx	2.2 mi	$2,620

Questions

What is the Fair Market Rent for ZIP code 10550?

HUD's FY2027 Small Area Fair Market Rents for 10550 are $2,500 (studio), $2,630 (1 BR), $2,860 (2 BR), $3,620 (3 BR) and $3,970 (4 BR) a month.

What is the Section 8 payment standard in 10550?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 10550 that range is $2,574 to $3,146 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 10550?

The FY2026 income limits of the New York, NY area apply: median family income $104,300, low-income (80%) limit $135,700 for a family of four.