Ithaca, NY Fair Market Rents (FY2027)
The 2-bedroom fair market rent for Ithaca, NY in FY2027 is $1,709.
FMRs are HUD's estimate of 40th-percentile gross rent (shelter rent plus utilities) for recent movers in standard units.
An FMR is not a voucher amount. Each housing authority sets its own payment standards, normally between 90% and 110% of the FMR; HUD rules also allow exception amounts above 110% in some cases. Where HUD requires Small Area FMRs, or a housing authority has chosen to use them, payment standards are based on ZIP code rents, not the area-wide FMR shown here. Ask your housing authority for its payment standard.
This row is a HUD metropolitan FMR area: a whole metro area or a part of one that HUD prices separately. HUD area code METRO27060M27060.
| Area | Studio | 1 bedroom | 2 bedroom | 3 bedroom | 4 bedroom |
|---|---|---|---|---|---|
| Ithaca, NY | $1,198 | $1,427 | $1,709 | $2,040 | $2,631 |