Broome County, NY: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,2192-bedroom FMR, FY2027

$9541-bedroom FMR, FY2027

$71,90080% income limit, family of 4 (FY2026)

$88,600Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Broome County is $1,219 a month, up 10.5% from $1,103 in FY2026. Broome County belongs to the Binghamton, NY MSA FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Broome County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$849	$783	+8.4%	$765 – $933
1 bedroom	$954	$868	+9.9%	$859 – $1,049
2 bedrooms	$1,219	$1,103	+10.5%	$1,098 – $1,340
3 bedrooms	$1,535	$1,412	+8.7%	$1,382 – $1,688
4 bedrooms	$1,769	$1,622	+9.1%	$1,593 – $1,945

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Broome County that is typically $1,098 to $1,340 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$36,405median income of renter households

$941Median gross rent, all units

31%Rent-to-income ratio (median rent ÷ median renter income)

51%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $36,405 can afford about $910 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,219 is $309 (33.9%) more than that. To rent a two-bedroom at the FMR, a household needs $48,760 a year under the 30% rule, or $43,884 under the common landlord rule that income must be three times the rent.

Broome County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$941 ±$22
Median income of renter households	$36,405 ±$2,439
Renters paying 30% or more of income (cost-burdened)	50.5% ±3.0
Renters paying 50% or more (severely cost-burdened)	29.7% ±2.8
Renter households (where the share can be computed)	26,862

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$776	$941	+21.3%
Median renter household income	$26,197	$36,405	+39.0%
Renters paying 30%+ of income	54.3%	50.5%	−3.8 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,010 to $1,830 depending on the ZIP code.

All 52 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
13730	$850	$850	$1,010	$1,410	$1,520
13732	$900	$1,010	$1,290	$1,620	$1,870
13734	$900	$1,010	$1,290	$1,610	$1,860
13736	$1,140	$1,320	$1,580	$1,900	$2,370
13737	$850	$960	$1,220	$1,540	$1,770
13743	$840	$940	$1,200	$1,510	$1,740
13744	$790	$880	$1,130	$1,420	$1,640
13745	$850	$960	$1,220	$1,540	$1,770
13746	$800	$870	$1,090	$1,410	$1,590
13748	$1,120	$1,260	$1,610	$2,030	$2,340
13749	$850	$960	$1,220	$1,540	$1,770
13754	$740	$840	$1,050	$1,370	$1,500
13760	$850	$960	$1,220	$1,540	$1,770
13761	$850	$960	$1,220	$1,540	$1,770
13762	$850	$960	$1,220	$1,540	$1,770
13777	$840	$930	$1,200	$1,510	$1,740
13778	$840	$850	$1,010	$1,400	$1,520
13783	$860	$1,030	$1,220	$1,690	$1,730
13787	$770	$800	$1,010	$1,310	$1,490
13790	$930	$1,040	$1,330	$1,680	$1,930
13794	$850	$960	$1,220	$1,540	$1,770
13795	$860	$970	$1,240	$1,560	$1,800
13797	$720	$790	$1,010	$1,290	$1,480
13802	$770	$860	$1,100	$1,390	$1,600
13803	$860	$880	$1,100	$1,380	$1,810
13811	$810	$920	$1,170	$1,470	$1,700
13812	$1,020	$1,150	$1,470	$1,850	$2,130
13813	$780	$830	$1,020	$1,360	$1,500
13826	$720	$790	$1,010	$1,290	$1,480
13827	$830	$930	$1,190	$1,500	$1,730
13833	$1,020	$1,140	$1,460	$1,840	$2,120
13835	$870	$960	$1,220	$1,530	$1,820
13840	$840	$940	$1,200	$1,510	$1,740
13841	$1,030	$1,040	$1,230	$1,700	$1,860
13845	$840	$940	$1,200	$1,510	$1,740
13848	$850	$960	$1,220	$1,540	$1,770
13850	$1,000	$1,120	$1,430	$1,800	$2,080
13851	$850	$960	$1,220	$1,540	$1,770
13862	$860	$870	$1,100	$1,390	$1,810
13863	$900	$900	$1,130	$1,430	$1,880
13864	$1,140	$1,320	$1,580	$1,900	$2,370
13865	$720	$790	$1,010	$1,290	$1,480
13901	$800	$900	$1,150	$1,450	$1,670
13902	$1,000	$1,120	$1,430	$1,800	$2,080
13903	$790	$890	$1,140	$1,440	$1,650
13904	$850	$960	$1,220	$1,540	$1,770
13905	$920	$1,030	$1,320	$1,660	$1,920
14817	$1,320	$1,530	$1,830	$2,200	$2,780
14859	$1,110	$1,200	$1,540	$1,920	$2,160
14883	$1,140	$1,320	$1,580	$1,900	$2,370
14889	$1,050	$1,070	$1,400	$1,700	$1,860
14892	$860	$930	$1,190	$1,490	$1,710

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Broome County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $88,600 (FY2025: $94,500, −6.2%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$18,900 −4.8%	$21,640 −4.7%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$31,500 −4.8%	$36,000 −4.8%	$40,500 −4.8%	$44,950 −4.9%	$48,550 −4.9%	$52,150 −4.9%	$55,750 −4.9%	$59,350 −4.9%
Low income (80%)	$50,350 −4.9%	$57,550 −4.9%	$64,750 −4.8%	$71,900 −4.9%	$77,700 −4.8%	$83,450 −4.8%	$89,200 −4.9%	$94,950 −4.9%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.