FY2027 Small Area FMR · Penn Yan, NY

ZIP 14527 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 14527 (Penn Yan, NY) is $1,010 a month, down 1.9% from FY2026. That is 4% below the Yates County, NY area-wide FMR of $1,057.

2-bedroom SAFMR$1,010per month ▼ 1.9%

Area-wide 2 BR FMR$1,057Yates County, NY

Rank in the area15thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710■ 0.0%

1 BR$780■ 0.0%

2 BR$1,010▼ 1.9%

3 BR$1,320▲ 5.6%

4 BR$1,700▼ 1.7%

FY2027 FY2026

Where 14527 sits in the Yates County, NY area

Of the 15 ZIP codes HUD lists for the area, 14527 has the 15th highest two-bedroom Small Area FMR. Yates County, 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 $1,057 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$710	$639 – $781	$736	$710
1 bedroom	$780	$702 – $858	$808	$780
2 bedrooms	$1,010	$909 – $1,111	$1,057	$1,030
3 bedrooms	$1,320	$1,188 – $1,452	$1,368	$1,250
4 bedrooms	$1,700	$1,530 – $1,870	$1,767	$1,730

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $87,900 and the 80% low-income limit for four people is $71,900. ZIP code 14527 lies mainly in Yates County. See the Yates County, NY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
14441	Dresden	5.7 mi	$1,090
14842	Himrod	6.2 mi	$1,040
14415	Bellona	6.7 mi	$1,590
14478	Keuka Park	6.8 mi	$1,260
14418	Branchport	8.7 mi	$1,090
14463	Hall	9.1 mi	$1,420

Questions

What is the Fair Market Rent for ZIP code 14527?

HUD's FY2027 Small Area Fair Market Rents for 14527 are $710 (studio), $780 (1 BR), $1,010 (2 BR), $1,320 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 14527?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 14527 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 14527?

The FY2026 income limits of the Yates County, NY area apply: median family income $87,900, low-income (80%) limit $71,900 for a family of four.