At $2,585/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,585 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($122,980) is $3,075 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,480); a 3-bedroom is $3,210.
From Zillow's monthly rent index (ZORI) for Farmingdale. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Farmingdale, NY is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Farmingdale, NY has changed in 5 years
Census figures show median household income at $122,980 today, compared with $116,103 five years earlier. The renter share has eased from 32.2% to 30%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.6% to 52.7% across the same window.
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Can you afford rent in Farmingdale on your salary?
At $2,585/mo, how Farmingdale rent compares to typical pay (30% rule).
Farmingdale rent by bedroom count
Median rent for each apartment size in Farmingdale. Click any size for full breakdown.
Tips for renters in Farmingdale
Last updated: September 25, 2026
The median rent in Farmingdale is $2,585/mo as of September 2026. A studio apartment averages $1,770/mo while a 2-bedroom runs $2,480/mo. One-bedroom apartments average $2,150/mo and 3-bedroom units go for $3,210/mo.
At 25% of local median household income ($122,980/yr), Farmingdale ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Farmingdale?
How does Farmingdale rent compare to other cities in New York?
At $2,585/mo, rent takes ~25% of Farmingdale's median household income ($122,980/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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