FY2027 Small Area FMR · Ithaca, NY

ZIP 14852 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 14852 (Ithaca, NY) is $1,710 a month, down 2.3% from FY2026. That is 0% equal to the Ithaca, NY area-wide FMR of $1,709.

2-bedroom SAFMR$1,710per month ▼ 2.3%

Area-wide 2 BR FMR$1,709Ithaca, NY

Rank in the area5thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,539

2 BR Small Area FMR$1,710

110% of SAFMR$1,881

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

Studio$1,200▼ 4.8%

1 BR$1,430▼ 2.1%

2 BR$1,710▼ 2.3%

3 BR$2,040▼ 2.9%

4 BR$2,630▲ 0.4%

FY2027 FY2026

Where 14852 sits in the Ithaca, NY area

Of the 21 ZIP codes HUD lists for the area, 14852 has the 5th highest two-bedroom Small Area FMR. Ithaca, 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 $1,709 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,710 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	$1,200	$1,080 – $1,320	$1,198	$1,260
1 bedroom	$1,430	$1,287 – $1,573	$1,427	$1,460
2 bedrooms	$1,710	$1,539 – $1,881	$1,709	$1,750
3 bedrooms	$2,040	$1,836 – $2,244	$2,040	$2,100
4 bedrooms	$2,630	$2,367 – $2,893	$2,631	$2,620

A household renting a two-bedroom home at the Small Area FMR of $1,710 needs about $68,400 a year to keep housing costs at 30% of income. The area median family income is $118,000 and the 80% low-income limit for four people is $94,400. ZIP code 14852 lies mainly in Tompkins County. See the Ithaca, NY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
14853	Ithaca	0.6 mi	$1,950
14850	Ithaca	1.8 mi	$1,950
13062	Etna	5.0 mi	$1,580
14881	Slaterville Springs	6.3 mi	$1,860
13068	Freeville	6.4 mi	$1,580
14854	Jacksonville	8.6 mi	$1,650

Questions

What is the Fair Market Rent for ZIP code 14852?

HUD's FY2027 Small Area Fair Market Rents for 14852 are $1,200 (studio), $1,430 (1 BR), $1,710 (2 BR), $2,040 (3 BR) and $2,630 (4 BR) a month.

What is the Section 8 payment standard in 14852?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 14852 that range is $1,539 to $1,881 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 14852?

The FY2026 income limits of the Ithaca, NY area apply: median family income $118,000, low-income (80%) limit $94,400 for a family of four.