Rent in Allegany County, NY at a glance
2-bedroom rent (HUD)
$974$11,688 a year · HUD fiscal year 2026From October 1, 2026: $1,014 (+4.1%)How much rent can you afford in Allegany County, NY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Allegany County, NY by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $750 | $9,000 | $30,000 | $14.42/hr |
| 1 bedroom | $754 | $9,048 | $30,160 | $14.50/hr |
| 2 bedroomsMost searched | $974 | $11,688 | $38,960 | $18.73/hr |
| 3 bedrooms | $1,243 | $14,916 | $49,720 | $23.90/hr |
| 4 bedrooms | $1,464 | $17,568 | $58,560 | $28.15/hr |
Cost of living in Allegany County, NY: income, prices and a budget →
Living and working in Allegany County, NY
Rent in Allegany County, NY: common questions
How much is rent going up in Allegany County, NY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,014 for a two-bedroom, up 4.1% from $974. A one-bedroom goes from $754 to $775, a studio from $750 to $770.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Allegany County, NY?
HUD's Fair Market Rent for 2026 is $754 for a one-bedroom and $974 for a two-bedroom, utilities included. That is $11,688 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Allegany County, NY?
To keep a $974 two-bedroom at 30% of gross pay, one full-time worker needs $18.73 an hour, or $38,960 a year. A one-bedroom at $754 takes $14.50 an hour.
How much is a 1, 2 or 3-bedroom apartment in Allegany County, NY?
At HUD's 2026 Fair Market Rent: studio $750, one bedroom $754, two $974, three $1,243 and four $1,464 a month.
Is rent affordable in Allegany County, NY?
For the typical household, earning $62,869 a year ($5,239 a month, Census ACS), a two-bedroom at $974 takes 18.6% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($974 × 12) ÷ 0.30 = $38,960. Divided by 2,080 working hours, that is $18.73 an hour.
