Cortland County, NY

2024 Fair Market Rents

Tags: 2024 New York

Return to the state page to see where New York ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Cortland County are Tully, Dryden, Mc Graw, and Truxton. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Cortland County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Cortland County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Cortland County compare?

Cortland County ($992) has a 29% lower FMR for 2-Bedroom housing than the average of New York ($1,398) and therefore has a lower gross rent.

Cortland County is rank 43rd out of 62 counties. This means the FMRs, or in other words, the gross rent is lower than 42 other counties. Cortland County is the 20th cheapest county in terms of FMRs.

Rent Tables Cortland County, NY

Fair Market Rent (40th Percentile)

$800
studio
$805
1-Bedroom
$992
2-Bedroom
$1,215
3-Bedroom
$1,683
4-Bedroom

Median Rent (50th Percentile)

$830
studio
$835
1-Bedroom
$1,029
2-Bedroom
$1,260
3-Bedroom
$1,746
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13053 $1,070 $1,150 $1,340 $1,710 $1,800
13141 $770 $850 $1,050 $1,290 $1,490
13158 $730 $810 $1,000 $1,240 $1,430
13159 $930 $1,030 $1,260 $1,550 $1,790
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13053 $963 $1,035 $1,206 $1,539 $1,620
13141 $693 $765 $945 $1,161 $1,341
13158 $657 $729 $900 $1,116 $1,287
13159 $837 $927 $1,134 $1,395 $1,611
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
13053 $1,177 $1,265 $1,474 $1,881 $1,980
13141 $847 $935 $1,155 $1,419 $1,639
13158 $803 $891 $1,100 $1,364 $1,573
13159 $1,023 $1,133 $1,386 $1,705 $1,969

Fair Market Rents on this page apply to the following cities in Cortland County, New York: Tully, Dryden, Mc Graw, Truxton, Preble, Little York, Blodgett Mills, and Harford.

These Fair Market Rents also apply to the following ZIP codes in Cortland County, New York: 13159, 13053, 13101, 13158, 13141, 13087, 13738, and 13784.

More on Cortland County, NY

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.