Binghamton, NY MSA
FY 2026 HUD Fair Market Rents for the Binghamton, NY MSA metro area. Population: 246,709.
Fair Market Rents (2026)
Studio
National avg: $893
$783/mo
↓ 9.9% YoY
-12% vs US
1 Bedroom
National avg: $959
$868/mo
↓ 7.6% YoY
-9% vs US
2 Bedroom
National avg: $1,175
$1,103/mo
↓ 7.2% YoY
-6% vs US
3 Bedroom
National avg: $1,525
$1,412/mo
↓ 7.9% YoY
-7% vs US
4 Bedroom
National avg: $1,756
$1,622/mo
↓ 7.4% YoY
-8% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $869 | $783 | $-86 (-9.9%) |
| 1 Bedroom | $939 | $868 | $-71 (-7.6%) |
| 2 Bedroom | $1,188 | $1,103 | $-85 (-7.2%) |
| 3 Bedroom | $1,533 | $1,412 | $-121 (-7.9%) |
| 4 Bedroom | $1,752 | $1,622 | $-130 (-7.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$34,720
$2,893/month gross
Required annual income for 2 BR
$44,120
$3,677/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.