Section 8 Fair Market Rent (FMR) for ZIP 10540 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Housing Authorities Serving ZIP 10540

• The Municipal Hsng Authority City Yonkers (Yonkers, NY) - 5,133 Section 8 vouchers
• City of New Rochelle Housing Authority (New Rochelle, NY) - 1,165 Section 8 vouchers
• White Plains Housing Authority (White Plains, NY) - 811 Section 8 vouchers
• City of Peekskill (Peekskill, NY) - 731 Section 8 vouchers
• New Rochelle Housing Authority (New Rochelle, NY) - 605 Section 8 vouchers
• Greenburgh Housing Authority (White Plains, NY) - 421 Section 8 vouchers
• Village of Ossining Section 8 Program (Ossining, NY) - 258 Section 8 vouchers
• Mount Kisco Housing Authority (Mount Kisco, NY) - 188 Section 8 vouchers
• Tuckahoe HA, Village of (Tuckahoe, NY) - 175 Section 8 vouchers
• Town of Yorktown (Yorktown Heights, NY) - 156 Section 8 vouchers

The ZIP code 10540, located in Westchester County, New York, is characterized by its suburban charm and proximity to New York City, making it an attractive location for both homeowners and renters. This area benefits from good school districts and access to major transportation routes, which can influence rental demand.

• The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 10540 for fiscal year 2024 is set at $2350.
• The median home value in the area is currently N/A, indicating a lack of recent data on residential property values.
• The percentage of residents who are renters is N/A, suggesting that there might be a significant number of homeowners in the area.
• The typical days on market (DOM) for rental properties in this ZIP code is N/A, which could mean listings are either quickly rented or data is sparse.
• The median household income in ZIP 10540 is N/A, highlighting the need for more detailed economic indicators to fully assess the financial health of the local population.

Given the available data, landlords and small-portfolio investors should focus on the stable demand suggested by the set FMR. The lack of specific data points such as median home value, renter share, and median income indicates a need for further research to make informed decisions. However, the attractiveness of the area due to its suburban setting and closeness to NYC suggests a positive outlook for rental investments.

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.