FY2027 Small Area FMR · Middletown, NY

ZIP 10940 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 10940 (Middletown, NY) is $2,160 a month, up 5.4% from FY2026. That is 1% above the Kiryas Joel-Poughkeepsie-Newburgh, NY area-wide FMR of $2,131.

2-bedroom SAFMR$2,160per month ▲ 5.4%

Area-wide 2 BR FMR$2,131Kiryas Joel-Poughkeepsie-New

Rank in the area53rdof 100 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,944

2 BR Small Area FMR$2,160

110% of SAFMR$2,376

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

Studio$1,500▲ 6.4%

1 BR$1,680▲ 5.0%

2 BR$2,160▲ 5.4%

3 BR$2,720▲ 4.6%

4 BR$2,860▲ 2.5%

FY2027 FY2026

Where 10940 sits in the Kiryas Joel-Poughkeepsie-Newburgh, NY area

Of the 100 ZIP codes HUD lists for the area, 10940 has the 53rd highest two-bedroom Small Area FMR. Kiryas Joel-Poughkeepsie-Newburgh, 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 $2,131 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,160 for this ZIP code instead.

ZIP code 10940 crosses more than one HUD area. HUD also lists it under Sullivan County, NY (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,500	$1,350 – $1,650	$1,484	$1,410
1 bedroom	$1,680	$1,512 – $1,848	$1,659	$1,600
2 bedrooms	$2,160	$1,944 – $2,376	$2,131	$2,050
3 bedrooms	$2,720	$2,448 – $2,992	$2,685	$2,600
4 bedrooms	$2,860	$2,574 – $3,146	$2,824	$2,790

A household renting a two-bedroom home at the Small Area FMR of $2,160 needs about $86,400 a year to keep housing costs at 30% of income. The area median family income is $125,900 and the 80% low-income limit for four people is $100,700. ZIP code 10940 lies mainly in Orange County and Sullivan County. See the Kiryas Joel-Poughkeepsie-Newburgh, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
10932	Howells	2.6 mi	$2,160
10963	Otisville	3.5 mi	$1,790
10973	Slate Hill	4.6 mi	$2,380
10958	New Hampton	5.7 mi	$2,890
10933	Johnson	5.7 mi	$2,410
10919	Circleville	7.2 mi	$2,180

Questions

What is the Fair Market Rent for ZIP code 10940?

HUD's FY2027 Small Area Fair Market Rents for 10940 are $1,500 (studio), $1,680 (1 BR), $2,160 (2 BR), $2,720 (3 BR) and $2,860 (4 BR) a month.

What is the Section 8 payment standard in 10940?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 10940 that range is $1,944 to $2,376 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 10940?

The FY2026 income limits of the Kiryas Joel-Poughkeepsie-Newburgh, NY area apply: median family income $125,900, low-income (80%) limit $100,700 for a family of four.