ZIP 11377 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 11377 in the New York, NY FMR area.

$2,700Efficiency
$2,8401 bedroom
$3,0902 bedrooms
$3,9103 bedrooms
$4,2904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,700$2,430$2,970$2,593
1 bedroom$2,840$2,556$3,124$2,729
2 bedrooms$3,090$2,781$3,399$2,971
3 bedrooms$3,910$3,519$4,301$3,760
4 bedrooms$4,290$3,861$4,719$4,121

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

Income in ZIP 11377

$53,913average adjusted gross income per tax return (2022)
$44,145average salaries and wages per return
45,370tax returns filed
69%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00038.0%
$25,000 to $50,00023.5%
$50,000 to $75,00015.4%
$75,000 to $100,0009.1%
$100,000 to $200,00011.2%
$200,000 or more2.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 19.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 11377?

HUD's FY2027 Small Area FMRs for ZIP 11377 (New York, NY) are $2,700 efficiency, $2,840 one bedroom, $3,090 two bedrooms, $3,910 three and $4,290 four bedrooms.

What payment standard can a housing authority set in ZIP 11377?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,781 to $3,399.

How affordable is rent in ZIP 11377?

Tax returns filed from ZIP 11377 reported an average adjusted gross income of $53,913 (2022). A two-bedroom unit at the Small Area FMR costs $37,080 a year, or 69% of that income.