Montgomery 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 Montgomery County are Canajoharie, Fultonville, Esperance, and Sharon Springs. 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 Montgomery County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Montgomery 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 Montgomery County compare?

Montgomery County ($914) has a 34.6% lower FMR for 2-Bedroom housing than the average of New York ($1,398) and therefore has a lower gross rent.

Montgomery County is rank 53rd out of 62 counties. This means the FMRs, or in other words, the gross rent is lower than 52 other counties. Montgomery County is the 10th cheapest county in terms of FMRs.

Rent Tables Montgomery County, NY

Fair Market Rent (40th Percentile)

$745
studio
$780
1-Bedroom
$914
2-Bedroom
$1,166
3-Bedroom
$1,251
4-Bedroom

Median Rent (50th Percentile)

$791
studio
$828
1-Bedroom
$970
2-Bedroom
$1,238
3-Bedroom
$1,328
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
12066 $1,060 $1,190 $1,440 $1,740 $1,920
12137 $880 $980 $1,190 $1,440 $1,590
12160 $910 $1,010 $1,230 $1,490 $1,640
12166 $880 $980 $1,190 $1,440 $1,590
13320 $880 $980 $1,190 $1,440 $1,590
13459 $880 $980 $1,190 $1,440 $1,590
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
12066 $954 $1,071 $1,296 $1,566 $1,728
12137 $792 $882 $1,071 $1,296 $1,431
12160 $819 $909 $1,107 $1,341 $1,476
12166 $792 $882 $1,071 $1,296 $1,431
13320 $792 $882 $1,071 $1,296 $1,431
13459 $792 $882 $1,071 $1,296 $1,431
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
12066 $1,166 $1,309 $1,584 $1,914 $2,112
12137 $968 $1,078 $1,309 $1,584 $1,749
12160 $1,001 $1,111 $1,353 $1,639 $1,804
12166 $968 $1,078 $1,309 $1,584 $1,749
13320 $968 $1,078 $1,309 $1,584 $1,749
13459 $968 $1,078 $1,309 $1,584 $1,749

Fair Market Rents on this page apply to the following cities in Montgomery County, New York: Canajoharie, Fultonville, Esperance, Sharon Springs, Cherry Valley, Pattersonville, Sprakers, Palatine Bridge, Sloansville, Tribes Hill, Fort Hunter, and Nelliston.

These Fair Market Rents also apply to the following ZIP codes in Montgomery County, New York: 13317, 12072, 12066, 13459, 13320, 12137, 12166, 13428, 12160, 12177, 12069, and 13410.

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Data Source

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