New York · HUD FY2026 Fair Market Rents

Rent in Queens County, NY

For Fiscal Year 2026, the official HUD Fair Market Rent for a benchmark 2-bedroom home in Queens County, NY is $2,910 per month ($34,920/year). Under the standard 30% federal housing rule, affording this rent comfortably requires an hourly wage of $55.96/hour ($116,400/year) for a full-time worker, representing 40.5% of the local median household income.

Rental Benchmark Overview

2-Bedroom Benchmark Rent

$2,910$34,920 per year · HUD Fiscal Year 2026
Studio FMR$2,529$49/hr needed
1-Bedroom FMR$2,655$51/hr needed
Housing Wage (2-BR)$55.96per hour · 40 hrs/wk, 52 wks
3-Bedroom FMR$3,644$70/hr needed

Fair market rent & 30% rule in Queens County, NY

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Moderate cost burden (30–50%)
HUD Fair Market Rent$2,910Monthly market rent
Share of gross income40.5%Recommended max: 30%
Annual income needed$116,400To meet the 30% standard
Max affordable rent$2,153At 30% of $86,136
0%30% (Affordability standard)100%
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Fair Market Rent Schedule & Wage Requirements: Queens County, NY

Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.

HUD FY2026 Fair Market Rent Schedule and Income Thresholds for Queens County, NY
Bedroom TypeMonthly RentAnnual RentMin. Annual IncomeHourly Wage (40h/wk)
Studio / Efficiency$2,529$30,348$101,160$48.63/hr
1-Bedroom Apartment$2,655$31,860$106,200$51.06/hr
2-Bedroom ApartmentStandard Benchmark$2,910$34,920$116,400$55.96/hr
3-Bedroom Home$3,644$43,728$145,760$70.08/hr
4-Bedroom Home$3,959$47,508$158,360$76.13/hr

See comprehensive cost of living profile for Queens County, NY →

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Frequently Asked Questions About Rent in Queens County, NY

What is the Fair Market Rent for a 2-bedroom in Queens County, NY?

For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Queens County, NY is $2,910 per month ($34,920 per year).

What hourly wage is needed to afford rent in Queens County, NY?

To comfortably afford a 2-bedroom apartment at $2,910/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $55.96 per hour ($116,400/year).

What are the HUD Fair Market Rents by bedroom count in Queens County, NY?

Official 2026 HUD rents in Queens County, NY are: Studio: $2,529/mo, 1-Bedroom: $2,655/mo, 2-Bedroom: $2,910/mo, 3-Bedroom: $3,644/mo, and 4-Bedroom: $3,959/mo.

How do HUD Fair Market Rents compare to local incomes in Queens County, NY?

At the local Census ACS median household income of $86,136/year ($7,178/month), the benchmark 2-bedroom Fair Market Rent represents 40.5% of monthly income.

How is the 30% housing affordability standard calculated in Queens County, NY?

The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $2,910/month, the required minimum annual gross income is calculated as ($2,910 × 12) ÷ 0.30 = $116,400 per year.