New York · HUD FY2026 Fair Market Rents · Updated

Rent in Rome, NY

HUD puts rent for a two-bedroom in Rome, NY at $1,172 a month for 2026, and a one-bedroom at $926. Keeping the two-bedroom under 30% of income takes $22.54 an hour full time, or $46,880 a year. The typical household there would spend 23.5% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,210 (up 3.2%).

Rent in Rome, NY at a glance

2-bedroom rent (HUD)

$1,172$14,064 a year · HUD fiscal year 2026From October 1, 2026: $1,210 (+3.2%)
Studio$899$17/hr needed
1 bedroom$926$18/hr needed
Wage a 2-bedroom takes$22.54an hour, 40 hours a week
3 bedrooms$1,405$27/hr needed

How much rent can you afford in Rome, 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$1,172Monthly market rent
Share of gross income23.5%Recommended max: 30%
Annual income needed$46,880To meet the 30% standard
Max affordable rent$1,498At 30% of $59,925
0%30% (Affordability standard)100%
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Rent in Rome, 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 Rome, NY, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$899$10,788$35,960$17.29/hr
1 bedroom$926$11,112$37,040$17.81/hr
2 bedroomsMost searched$1,172$14,064$46,880$22.54/hr
3 bedrooms$1,405$16,860$56,200$27.02/hr
4 bedrooms$1,623$19,476$64,920$31.21/hr

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

Rent in Rome, NY: common questions

How much is rent going up in Rome, NY in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,210 for a two-bedroom, up 3.2% from $1,172. A one-bedroom goes from $926 to $946, a studio from $899 to $857.

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 Rome, NY?

HUD's Fair Market Rent for 2026 is $926 for a one-bedroom and $1,172 for a two-bedroom, utilities included. That is $14,064 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 Rome, NY?

To keep a $1,172 two-bedroom at 30% of gross pay, one full-time worker needs $22.54 an hour, or $46,880 a year. A one-bedroom at $926 takes $17.81 an hour.

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

At HUD's 2026 Fair Market Rent: studio $899, one bedroom $926, two $1,172, three $1,405 and four $1,623 a month.

Is rent affordable in Rome, NY?

For the typical household, earning $59,925 a year ($4,994 a month, Census ACS), a two-bedroom at $1,172 takes 23.5% 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: ($1,172 × 12) ÷ 0.30 = $46,880. Divided by 2,080 working hours, that is $22.54 an hour.