ZIP 10005 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 10005 in the New York, NY FMR area.

$3,210Efficiency
$3,3801 bedroom
$3,6802 bedrooms
$4,6603 bedrooms
$5,1004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$3,210$2,889$3,531$2,593
1 bedroom$3,380$3,042$3,718$2,729
2 bedrooms$3,680$3,312$4,048$2,971
3 bedrooms$4,660$4,194$5,126$3,760
4 bedrooms$5,100$4,590$5,610$4,121

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 10005

$386,494average adjusted gross income per tax return (2022)
$186,216average salaries and wages per return
6,310tax returns filed
11%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,0009.4%
$25,000 to $50,0007.9%
$50,000 to $75,00011.1%
$75,000 to $100,00010.9%
$100,000 to $200,00028.4%
$200,000 or more32.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 2.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 10005?

HUD's FY2027 Small Area FMRs for ZIP 10005 (New York, NY) are $3,210 efficiency, $3,380 one bedroom, $3,680 two bedrooms, $4,660 three and $5,100 four bedrooms.

What payment standard can a housing authority set in ZIP 10005?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $3,312 to $4,048.

How affordable is rent in ZIP 10005?

Tax returns filed from ZIP 10005 reported an average adjusted gross income of $386,494 (2022). A two-bedroom unit at the Small Area FMR costs $44,160 a year, or 11% of that income.