FY2027 Small Area FMR · Bayside, NY

ZIP 11359 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 11359 (Bayside, NY) is $3,050 a month, up 2.0% from FY2026. That is 3% above the New York, NY area-wide FMR of $2,971.

2-bedroom SAFMR$3,050per month ▲ 2.0%

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

Rank in the area242ndof 410 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,745

2 BR Small Area FMR$3,050

110% of SAFMR$3,355

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

Studio$2,660▲ 2.3%

1 BR$2,800▲ 2.6%

2 BR$3,050▲ 2.0%

3 BR$3,860▲ 3.2%

4 BR$4,230▲ 3.9%

FY2027 FY2026

Where 11359 sits in the New York, NY area

Of the 410 ZIP codes HUD lists for the area, 11359 has the 242nd 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 $3,050 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	$2,660	$2,394 – $2,926	$2,593	$2,600
1 bedroom	$2,800	$2,520 – $3,080	$2,729	$2,730
2 bedrooms	$3,050	$2,745 – $3,355	$2,971	$2,990
3 bedrooms	$3,860	$3,474 – $4,246	$3,760	$3,740
4 bedrooms	$4,230	$3,807 – $4,653	$4,121	$4,070

A household renting a two-bedroom home at the Small Area FMR of $3,050 needs about $122,000 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 11359 lies mainly in Queens 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
11360	Bayside	0.8 mi	$3,820
11357	Whitestone	1.8 mi	$3,500
11361	Bayside	1.9 mi	$3,630
11363	Little Neck	2.1 mi	$3,530
11023	Great Neck	2.3 mi	$2,790
11358	Flushing	2.4 mi	$3,410

Questions

What is the Fair Market Rent for ZIP code 11359?

HUD's FY2027 Small Area Fair Market Rents for 11359 are $2,660 (studio), $2,800 (1 BR), $3,050 (2 BR), $3,860 (3 BR) and $4,230 (4 BR) a month.

What is the Section 8 payment standard in 11359?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 11359 that range is $2,745 to $3,355 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 11359?

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.