Income Limits by County

FY2027 Small Area FMR · Floral Park, NY

ZIP 11001 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 11001 (Floral Park, NY) is $2,690 a month, down 2.2% from FY2026. That is 0% equal to the Nassau-Suffolk, NY area-wide FMR of $2,689.

2-bedroom SAFMR$2,690per month ▼ 2.2%
Area-wide 2 BR FMR$2,689Nassau-Suffolk, NY
Rank in the area121stof 190 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,421
2 BR Small Area FMR$2,690
110% of SAFMR$2,959

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

FY2027 FY2026

Where 11001 sits in the Nassau-Suffolk, NY area

$2,480$4,030median $2,740

Of the 190 ZIP codes HUD lists for the area, 11001 has the 121st highest two-bedroom Small Area FMR. Nassau-Suffolk, 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 $2,689 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,690 for this ZIP code instead.

ZIP code 11001 crosses more than one HUD area. HUD also lists it under New York, 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
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,280$2,052 – $2,508$1,964$2,170
1 bedroom$2,390$2,151 – $2,629$2,285$2,410
2 bedrooms$2,690$2,421 – $2,959$2,689$2,750
3 bedrooms$3,450$3,105 – $3,795$3,458$3,550
4 bedrooms$3,680$3,312 – $4,048$3,671$3,770

A household renting a two-bedroom home at the Small Area FMR of $2,690 needs about $107,600 a year to keep housing costs at 30% of income. The area median family income is $164,300 and the 80% low-income limit for four people is $128,100. ZIP code 11001 lies mainly in Nassau County and Queens County. See the Nassau-Suffolk, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
11426Bellerose1.3 mi$3,350
11004Glen Oaks1.6 mi$3,110
11003Elmont1.7 mi$2,740
11428Queens Village2.0 mi$2,900
11040New Hyde Park2.0 mi$2,920
11429Queens Village2.0 mi$2,660

Questions

What is the Fair Market Rent for ZIP code 11001?

HUD's FY2027 Small Area Fair Market Rents for 11001 are $2,280 (studio), $2,390 (1 BR), $2,690 (2 BR), $3,450 (3 BR) and $3,680 (4 BR) a month.

What is the Section 8 payment standard in 11001?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 11001 that range is $2,421 to $2,959 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 11001?

The FY2026 income limits of the Nassau-Suffolk, NY area apply: median family income $164,300, low-income (80%) limit $128,100 for a family of four.