ZIP 10566 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 10566 in the New York, NY FMR area.

$2,660Efficiency
$2,8001 bedroom
$3,0502 bedrooms
$3,8603 bedrooms
$4,2304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,660$2,394$2,926$2,593
1 bedroom$2,800$2,520$3,080$2,729
2 bedrooms$3,050$2,745$3,355$2,971
3 bedrooms$3,860$3,474$4,246$3,760
4 bedrooms$4,230$3,807$4,653$4,121

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

Income in ZIP 10566

$67,237average adjusted gross income per tax return (2022)
$50,447average salaries and wages per return
13,060tax returns filed
54%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00029.7%
$25,000 to $50,00023.8%
$50,000 to $75,00015.2%
$75,000 to $100,00010.2%
$100,000 to $200,00016.3%
$200,000 or more4.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 13.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 10566?

HUD's FY2027 Small Area FMRs for ZIP 10566 (New York, NY) are $2,660 efficiency, $2,800 one bedroom, $3,050 two bedrooms, $3,860 three and $4,230 four bedrooms.

What payment standard can a housing authority set in ZIP 10566?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,745 to $3,355.

How affordable is rent in ZIP 10566?

Tax returns filed from ZIP 10566 reported an average adjusted gross income of $67,237 (2022). A two-bedroom unit at the Small Area FMR costs $36,600 a year, or 54% of that income.