FY2027 Small Area FMR · Averill Park, NY

ZIP 12018 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12018 (Averill Park, NY) is $1,990 a month, up 3.1% from FY2026. That is 16% above the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$1,990per month ▲ 3.1%

Area-wide 2 BR FMR$1,711Albany-Schenectady-Troy, NY

Rank in the area15thof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,791

2 BR Small Area FMR$1,990

110% of SAFMR$2,189

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,440▲ 4.3%

1 BR$1,660▲ 3.1%

2 BR$1,990▲ 3.1%

3 BR$2,370▲ 2.6%

4 BR$2,620▲ 2.3%

FY2027 FY2026

Where 12018 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12018 has the 15th highest two-bedroom Small Area FMR. Albany-Schenectady-Troy, NY is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,711 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,990 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,440	$1,296 – $1,584	$1,238	$1,380
1 bedroom	$1,660	$1,494 – $1,826	$1,425	$1,610
2 bedrooms	$1,990	$1,791 – $2,189	$1,711	$1,930
3 bedrooms	$2,370	$2,133 – $2,607	$2,039	$2,310
4 bedrooms	$2,620	$2,358 – $2,882	$2,249	$2,560

A household renting a two-bedroom home at the Small Area FMR of $1,990 needs about $79,600 a year to keep housing costs at 30% of income. The area median family income is $123,100 and the 80% low-income limit for four people is $98,500. ZIP code 12018 lies mainly in Rensselaer County. See the Albany-Schenectady-Troy, NY metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
12153	Sand Lake	2.5 mi	$1,910
12169	Stephentown	4.5 mi	$1,880
12196	West Sand Lake	4.7 mi	$1,540
12140	Poestenkill	4.8 mi	$1,540
12062	East Nassau	6.3 mi	$1,540
12198	Wynantskill	6.5 mi	$1,610

Questions

What is the Fair Market Rent for ZIP code 12018?

HUD's FY2027 Small Area Fair Market Rents for 12018 are $1,440 (studio), $1,660 (1 BR), $1,990 (2 BR), $2,370 (3 BR) and $2,620 (4 BR) a month.

What is the Section 8 payment standard in 12018?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12018 that range is $1,791 to $2,189 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12018?

The FY2026 income limits of the Albany-Schenectady-Troy, NY area apply: median family income $123,100, low-income (80%) limit $98,500 for a family of four.