Otsego County fair market rent FY 2027New York, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Otsego County, New York is $1,235 a month, effective October 1, 2026: $860 for a studio, $961 for one bedroom, $1,472 for three and $1,653 for four. The FY 2026 two-bedroom FMR was $1,228 (+0.6%).
Otsego County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $860 | $847 | +1.5% | $774 to $946 |
| 1 bedroom | $961 | $965 | -0.4% | $864 to $1,057 |
| 2 bedrooms | $1,235 | $1,228 | +0.6% | $1,111 to $1,358 |
| 3 bedrooms | $1,472 | $1,472 | +0.0% | $1,324 to $1,619 |
| 4 bedrooms | $1,653 | $1,626 | +1.7% | $1,487 to $1,818 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Otsego County compares
Otsego County's two-bedroom FMR of $1,235 is the 38th highest of 62 counties in New York, where the county median is $1,385 and the range $1,014 to $2,971. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Otsego County ranks 975th.
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Otsego County, NY it lists 48 ZIP codes, with two-bedroom Small Area FMRs from $1,110 to $1,550. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All New York counties · Fair market rents in every state
More for Otsego County
- Otsego County loan limitsThis year's FHFA conforming, FHA and VA county loan limits for 1 to 4 unit homes, from FHFA's and HUD's official files.
- Otsego County property tax rateEffective property tax rate from Census survey data: median taxes paid against median home value, ranked in the state.
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- Real estate transfer tax calculatorDeed transfer taxes for New York, Florida, Pennsylvania, Illinois, the Carolinas, Arkansas, Texas and Arizona.
- Flood zone lookupThe FEMA flood zone mapped at any US address. A screening check, not an official flood zone determination.
Check a Otsego County property
HeritageDeed does not search title records in Otsego County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Otsego County fair market rent
What is the fair market rent in Otsego County for FY 2027?
$860 for a studio, $961 for one bedroom, $1,235 for two, $1,472 for three and $1,653 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Otsego County for FY 2026?
$847 for a studio, $965 for one bedroom, $1,228 for two, $1,472 for three and $1,626 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Otsego County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $1,111 to $1,358 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Otsego County's fair market rent high for New York?
$1,235 for two bedrooms ranks 38th of 62 counties in New York; the state's county median is $1,385 (range $1,014 to $2,971) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/new-york/otsego-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.