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FY 2025 FINAL State Minimum Rent Calculation for New York

For FINAL FY 2025, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.

State Nonmetropolitan Median FMR

The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for New York. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of New York is 1,365,860, and half of the nonmetropolitan population of New York is 682,930.

In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of New York are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 682,930. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.

Unadjusted 2-Bedroom FMR County or Counties with Specified Unadjusted 2-Bedroom FMR Aggregate Population at Specified Unadjusted 2-Bedroom FMR Cumulative Nonmetro Population
$894 Wyoming County 40,340 40,340
$916 Allegany County 47,220 87,560
$918 Chautauqua County 127,440 215,000
$935 Delaware County 44,635 259,635
$938 Chenango County 47,095 306,730
$953 Cattaraugus County 77,000 383,730
$959 Lewis County 26,690 410,420
$983 Franklin County 47,460 457,880
$1,013 Steuben County 93,585 551,465
$1,026 Montgomery County 49,625 601,090
$1,036 St. Lawrence County 108,670 709,760
$1,050 Fulton County 53,280 763,040
$1,057 Schuyler County 17,855 780,895
$1,066 Cayuga County 76,170 857,065
$1,075 Seneca County 33,650 890,715
$1,085 Essex County 37,315 928,030
$1,087 Genesee County 58,205 986,235
$1,118 Cortland County 46,755 1,032,990
$1,184 Otsego County 59,680 1,092,670
$1,200 Clinton County 79,840 1,172,510
$1,223 Sullivan County 78,725 1,251,235
$1,254 Greene County 48,065 1,299,300
$1,329 Hamilton County 5,090 1,304,390
$1,347 Columbia County 61,470 1,365,860

State Minimum Rent Determination

The New York State Nonmetropolitan Median FMR is $1,036. Because it is greater than the U.S. Nonmetropolitan Median FMR of $933, the New York State Minimum 2-Bedroom FMR is set at $933.

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