Fair Market Rents

The term fair market rent is the amount of money that a certain property would rent for in the area in which it is located. Renters with or without rental assistance should be aware of the fair market rents in their area to ensure the rent they are paying is appropriate for the unit and the amenities that are provided.

Here is a sample table for Fair Market Rents for New York County, New York:

FY 2017 Fair Market Rent Summary

Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom
$1,196 $1,249 $1,481 $1,904 $2,134

View the latest 2015 Fair Market rents in your area >>

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