ZIP 11559 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 11559 in the Nassau-Suffolk, NY FMR area.

Nassau-Suffolk, NY

$2,280Efficiency
$2,3901 bedroom
$2,6202 bedrooms
$3,2803 bedrooms
$3,5704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,280$2,052$2,508$1,964
1 bedroom$2,390$2,151$2,629$2,285
2 bedrooms$2,620$2,358$2,882$2,689
3 bedrooms$3,280$2,952$3,608$3,458
4 bedrooms$3,570$3,213$3,927$3,671

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

New York, NY

$2,280Efficiency
$2,3901 bedroom
$2,6202 bedrooms
$3,2803 bedrooms
$3,5704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$2,280$2,052$2,508$2,593
1 bedroom$2,390$2,151$2,629$2,729
2 bedrooms$2,620$2,358$2,882$2,971
3 bedrooms$3,280$2,952$3,608$3,760
4 bedrooms$3,570$3,213$3,927$4,121

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

Income in ZIP 11559

$392,685average adjusted gross income per tax return (2022)
$116,205average salaries and wages per return
3,710tax returns filed
8%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.1%
$25,000 to $50,00013.5%
$50,000 to $75,00010.0%
$75,000 to $100,0007.8%
$100,000 to $200,00016.2%
$200,000 or more26.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 11559?

HUD's FY2027 Small Area FMRs for ZIP 11559 (Nassau-Suffolk, NY) are $2,280 efficiency, $2,390 one bedroom, $2,620 two bedrooms, $3,280 three and $3,570 four bedrooms.

What payment standard can a housing authority set in ZIP 11559?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,358 to $2,882.

How affordable is rent in ZIP 11559?

Tax returns filed from ZIP 11559 reported an average adjusted gross income of $392,685 (2022). A two-bedroom unit at the Small Area FMR costs $31,440 a year, or 8% of that income.