FY2027 Small Area FMR · Elmira, NY

ZIP 14905 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 14905 (Elmira, NY) is $1,410 a month, up 2.9% from FY2026. That is 5% above the Elmira, NY area-wide FMR of $1,348.

2-bedroom SAFMR$1,410per month ▲ 2.9%

Area-wide 2 BR FMR$1,348Elmira, NY

Rank in the area11thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,269

2 BR Small Area FMR$1,410

110% of SAFMR$1,551

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

Studio$1,070▲ 5.9%

1 BR$1,080▲ 3.8%

2 BR$1,410▲ 2.9%

3 BR$1,720▲ 0.6%

4 BR$1,880▲ 2.7%

FY2027 FY2026

Where 14905 sits in the Elmira, NY area

Of the 24 ZIP codes HUD lists for the area, 14905 has the 11th highest two-bedroom Small Area FMR. Elmira, 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 $1,348 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,410 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	$1,070	$963 – $1,177	$1,020	$1,010
1 bedroom	$1,080	$972 – $1,188	$1,030	$1,040
2 bedrooms	$1,410	$1,269 – $1,551	$1,348	$1,370
3 bedrooms	$1,720	$1,548 – $1,892	$1,643	$1,710
4 bedrooms	$1,880	$1,692 – $2,068	$1,793	$1,830

A household renting a two-bedroom home at the Small Area FMR of $1,410 needs about $56,400 a year to keep housing costs at 30% of income. The area median family income is $89,800 and the 80% low-income limit for four people is $71,900. ZIP code 14905 lies mainly in Chemung County. See the Elmira, NY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
14904	Elmira	2.5 mi	$1,340
14903	Elmira	3.4 mi	$1,250
14871	Pine City	4.8 mi	$1,380
14901	Elmira	4.9 mi	$1,160
14894	Wellsburg	5.8 mi	$1,460
14814	Big Flats	7.6 mi	$1,310

Questions

What is the Fair Market Rent for ZIP code 14905?

HUD's FY2027 Small Area Fair Market Rents for 14905 are $1,070 (studio), $1,080 (1 BR), $1,410 (2 BR), $1,720 (3 BR) and $1,880 (4 BR) a month.

What is the Section 8 payment standard in 14905?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 14905 that range is $1,269 to $1,551 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 14905?

The FY2026 income limits of the Elmira, NY area apply: median family income $89,800, low-income (80%) limit $71,900 for a family of four.