Rent in Otsego County, NY at a glance
2-bedroom rent (HUD)
$1,228$14,736 a year · HUD fiscal year 2026From October 1, 2026: $1,235 (+0.6%)How much rent can you afford in Otsego 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 Otsego 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 | $847 | $10,164 | $33,880 | $16.29/hr |
| 1 bedroom | $965 | $11,580 | $38,600 | $18.56/hr |
| 2 bedroomsMost searched | $1,228 | $14,736 | $49,120 | $23.62/hr |
| 3 bedrooms | $1,472 | $17,664 | $58,880 | $28.31/hr |
| 4 bedrooms | $1,626 | $19,512 | $65,040 | $31.27/hr |
Cost of living in Otsego County, NY: income, prices and a budget →
Living and working in Otsego County, NY
Rent in Otsego County, NY: common questions
How much is rent going up in Otsego County, NY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,235 for a two-bedroom, up 0.6% from $1,228. A one-bedroom goes from $965 to $961, a studio from $847 to $860.
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 Otsego County, NY?
HUD's Fair Market Rent for 2026 is $965 for a one-bedroom and $1,228 for a two-bedroom, utilities included. That is $14,736 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 Otsego County, NY?
To keep a $1,228 two-bedroom at 30% of gross pay, one full-time worker needs $23.62 an hour, or $49,120 a year. A one-bedroom at $965 takes $18.56 an hour.
How much is a 1, 2 or 3-bedroom apartment in Otsego County, NY?
At HUD's 2026 Fair Market Rent: studio $847, one bedroom $965, two $1,228, three $1,472 and four $1,626 a month.
Is rent affordable in Otsego County, NY?
For the typical household, earning $68,885 a year ($5,740 a month, Census ACS), a two-bedroom at $1,228 takes 21.4% 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: ($1,228 × 12) ÷ 0.30 = $49,120. Divided by 2,080 working hours, that is $23.62 an hour.