ZIP 11415 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 11415 in the New York, NY FMR area.

$2,890Efficiency
$3,0401 bedroom
$3,3102 bedrooms
$4,1903 bedrooms
$4,5904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,890$2,601$3,179$2,593
1 bedroom$3,040$2,736$3,344$2,729
2 bedrooms$3,310$2,979$3,641$2,971
3 bedrooms$4,190$3,771$4,609$3,760
4 bedrooms$4,590$4,131$5,049$4,121

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

Income in ZIP 11415

$82,524average adjusted gross income per tax return (2022)
$63,571average salaries and wages per return
9,370tax returns filed
48%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.4%
$25,000 to $50,00018.4%
$50,000 to $75,00017.8%
$75,000 to $100,00013.1%
$100,000 to $200,00020.1%
$200,000 or more6.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 11415?

HUD's FY2027 Small Area FMRs for ZIP 11415 (New York, NY) are $2,890 efficiency, $3,040 one bedroom, $3,310 two bedrooms, $4,190 three and $4,590 four bedrooms.

What payment standard can a housing authority set in ZIP 11415?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,979 to $3,641.

How affordable is rent in ZIP 11415?

Tax returns filed from ZIP 11415 reported an average adjusted gross income of $82,524 (2022). A two-bedroom unit at the Small Area FMR costs $39,720 a year, or 48% of that income.