What is the Fair Market Rent in the Town of Grand Island, NY?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 14072, which covers the Town of Grand Island, is $1,640 a month.
Across the whole Buffalo-Cheektowaga, NY MSA the two-bedroom figure is $1,423.
The Census Bureau’s median gross rent for a two-bedroom home in the Town of Grand Island is $1,157 (±$70), below the Small Area figure for ZIP 14072.
Figures last updated on .
- 2 bedrooms, whole area
- $1,423
- 2 bedrooms, ZIP 14072
- $1,640
Fair Market Rents for the Town of Grand Island, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Buffalo-Cheektowaga, NY MSA (whole area) | $1,178 | $1,203 | $1,423 | $1,732 | $1,977 | — |
| ZIP 14072 | $1,360 | $1,390 | $1,640 | $2,000 | $2,280 | $1,199 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Grand Island include them.
The figures for the Town of Grand Island include the places inside it that have pages of their own: Grandyle Village.
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Questions about Town of Grand Island
What is the Section 8 payment standard in the Town of Grand Island?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Buffalo-Cheektowaga, NY MSA is $1,423, and the Small Area figure for 14072 is $1,640.
What is the Fair Market Rent for a two-bedroom in ZIP 14072?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 14072 is $1,640 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,199 (±$67).
What is the Fair Market Rent for a one-bedroom in the Town of Grand Island?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 14072 is $1,390 a month, against $1,203 across the Buffalo-Cheektowaga, NY MSA.
Sources
- HUD Fair Market Rents, fiscal year 2027: Buffalo-Cheektowaga, NY MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Buffalo-Cheektowaga, NY MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in the Town of Grand Island
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- Home values in the Town of Grand Island
- Homeowner costs in the Town of Grand Island
- Property taxes in the Town of Grand Island
- Types of homes in the Town of Grand Island
- Bedrooms in the Town of Grand Island
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