HMFA = HUD Metro Fair Market Rent (FMR) Area. This term indicates that a portion of the Office of Management & Budget (OMB) defined core-based statistical area is in the area to which the income limits and FMRs apply. HUD is required by OMB to alter the name of the metropolitan geographic entities it derives from the Core Based Statistical Area (CBSA) when the geography is not the same as that established by theOMB. CBSA is a collective term meaning both metro and micro. MSA = Metropolitan Statistical Area. Geographic entities defined by OMB for use by the federal statistical agencies in collecting, tabulating, and publishing federal statistics. A metro area contains an urban core of 50,000 or more in population.
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Two-bedroom housing FMR in metropolitan areas in New York, U.S. 2021-2025
In 2025, a two-bedroom apartment in New York HMFA and Westchester County Statutory Exception Area cost about U.S. dollars in fair monthly rent, making it the most expensive metropolitan areas in New York. Nassau-Suffolk HMFA ranked second most expensive with monthly rent of over  U.S. dollars for a two-bedroom apartment. On the other hand, Utica-Rome MSA and Yates County HMFA were the least costly, requiring renters to spend at least *and U.S. dollars, respectively in monthly rent for a two-bedroom apartment. These rents were higher than the monthly rent required for a two bedroom apartment in Florida in 2025.
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NLIHC. (July 9, 2025). Fair market rent value of two-bedroom apartment in New York, United States from 2021 to 2025, by metropolitan areas (in U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1256694/us-two-bedroom-housing-fair-market-rent-ny-by-metro/
NLIHC. "Fair market rent value of two-bedroom apartment in New York, United States from 2021 to 2025, by metropolitan areas (in U.S. dollars)." Chart. July 9, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1256694/us-two-bedroom-housing-fair-market-rent-ny-by-metro/
NLIHC. (2025). Fair market rent value of two-bedroom apartment in New York, United States from 2021 to 2025, by metropolitan areas (in U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1256694/us-two-bedroom-housing-fair-market-rent-ny-by-metro/
NLIHC. "Fair Market Rent Value of Two-bedroom Apartment in New York, United States from 2021 to 2025, by Metropolitan Areas (in U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Jul 2025, /statistics/1256694/us-two-bedroom-housing-fair-market-rent-ny-by-metro/
NLIHC, Fair market rent value of two-bedroom apartment in New York, United States from 2021 to 2025, by metropolitan areas (in U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1256694/us-two-bedroom-housing-fair-market-rent-ny-by-metro/ (last visited August 05, 2026)
Fair market rent value of two-bedroom apartment in New York, United States from 2021 to 2025, by metropolitan areas (in U.S. dollars) [Graph], NLIHC, July 9, 2025. [Online]. Available: /statistics/1256694/us-two-bedroom-housing-fair-market-rent-ny-by-metro/