Income Limits by County

FY2027 Small Area FMR · Glen Cove, NY

ZIP 11542 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 11542 (Glen Cove, NY) is $2,840 a month, down 0.4% from FY2026. That is 6% above the Nassau-Suffolk, NY area-wide FMR of $2,689.

2-bedroom SAFMR$2,840per month ▼ 0.4%
Area-wide 2 BR FMR$2,689Nassau-Suffolk, NY
Rank in the area73rdof 190 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,556
2 BR Small Area FMR$2,840
110% of SAFMR$3,124

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

FY2027 FY2026

Where 11542 sits in the Nassau-Suffolk, NY area

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

Of the 190 ZIP codes HUD lists for the area, 11542 has the 73rd 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 $2,840 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,070$1,863 – $2,277$1,964$2,070
1 bedroom$2,410$2,169 – $2,651$2,285$2,470
2 bedrooms$2,840$2,556 – $3,124$2,689$2,850
3 bedrooms$3,650$3,285 – $4,015$3,458$3,700
4 bedrooms$3,880$3,492 – $4,268$3,671$3,910

A household renting a two-bedroom home at the Small Area FMR of $2,840 needs about $113,600 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 11542 lies mainly in Nassau County. See the Nassau-Suffolk, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
11579Sea Cliff2.1 mi$2,750
11560Locust Valley2.2 mi$3,140
11547Glenwood Landing2.8 mi$2,480
11765Mill Neck3.7 mi$2,760
11545Glen Head3.8 mi$2,660
11050Port Washington4.1 mi$3,060

Questions

What is the Fair Market Rent for ZIP code 11542?

HUD's FY2027 Small Area Fair Market Rents for 11542 are $2,070 (studio), $2,410 (1 BR), $2,840 (2 BR), $3,650 (3 BR) and $3,880 (4 BR) a month.

What is the Section 8 payment standard in 11542?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 11542 that range is $2,556 to $3,124 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 11542?

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.