New York · HUD FY2026 Fair Market Rents · Updated

Rent in Cortland County, NY

HUD puts rent for a two-bedroom in Cortland County, NY at $1,198 a month for 2026, and a one-bedroom at $960. Keeping the two-bedroom under 30% of income takes $23.04 an hour full time, or $47,920 a year. The typical household there would spend 20.4% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,171 (down 2.3%).

Rent in Cortland County, NY at a glance

2-bedroom rent (HUD)

$1,198$14,376 a year · HUD fiscal year 2026From October 1, 2026: $1,171 (−2.3%)
Studio$954$18/hr needed
1 bedroom$960$18/hr needed
Wage a 2-bedroom takes$23.04an hour, 40 hours a week
3 bedrooms$1,510$29/hr needed

How much rent can you afford in Cortland County, NY?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,198Monthly market rent
Share of gross income20.4%Recommended max: 30%
Annual income needed$47,920To meet the 30% standard
Max affordable rent$1,760At 30% of $70,418
0%30% (Affordability standard)100%
Compare against:

Rent in Cortland 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.

HUD Fair Market Rent in Cortland County, NY, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$954$11,448$38,160$18.35/hr
1 bedroom$960$11,520$38,400$18.46/hr
2 bedroomsMost searched$1,198$14,376$47,920$23.04/hr
3 bedrooms$1,510$18,120$60,400$29.04/hr
4 bedrooms$2,010$24,120$80,400$38.65/hr

Cost of living in Cortland County, NY: income, prices and a budget →

Rent in Cortland County, NY: common questions

How much is rent going down in Cortland County, NY in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,171 for a two-bedroom, down 2.3% from $1,198. A one-bedroom goes from $960 to $940, a studio from $954 to $934.

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 Cortland County, NY?

HUD's Fair Market Rent for 2026 is $960 for a one-bedroom and $1,198 for a two-bedroom, utilities included. That is $14,376 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 Cortland County, NY?

To keep a $1,198 two-bedroom at 30% of gross pay, one full-time worker needs $23.04 an hour, or $47,920 a year. A one-bedroom at $960 takes $18.46 an hour.

How much is a 1, 2 or 3-bedroom apartment in Cortland County, NY?

At HUD's 2026 Fair Market Rent: studio $954, one bedroom $960, two $1,198, three $1,510 and four $2,010 a month.

Is rent affordable in Cortland County, NY?

For the typical household, earning $70,418 a year ($5,868 a month, Census ACS), a two-bedroom at $1,198 takes 20.4% 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: ($1,198 × 12) ÷ 0.30 = $47,920. Divided by 2,080 working hours, that is $23.04 an hour.