FY2027 Small Area FMR · Cobleskill, NY
ZIP 12043 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12043 (Cobleskill, NY) is $1,540 a month, up 14.9% from FY2026. That is 10% below the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 12043 sits in the Albany-Schenectady-Troy, NY area
Of the 153 ZIP codes HUD lists for the area, 12043 has the 86th 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 $1,540 for this ZIP code instead.
ZIP code 12043 crosses more than one HUD area. HUD also lists it under Otsego County, NY (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,100 | $990 – $1,210 | $1,238 | $970 |
| 1 bedroom | $1,280 | $1,152 – $1,408 | $1,425 | $1,110 |
| 2 bedrooms | $1,540 | $1,386 – $1,694 | $1,711 | $1,340 |
| 3 bedrooms | $1,840 | $1,656 – $2,024 | $2,039 | $1,620 |
| 4 bedrooms | $2,030 | $1,827 – $2,233 | $2,249 | $1,780 |
A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 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 12043 lies mainly in Schoharie County and Otsego County. See the Albany-Schenectady-Troy, NY metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 12043?
HUD's FY2027 Small Area Fair Market Rents for 12043 are $1,100 (studio), $1,280 (1 BR), $1,540 (2 BR), $1,840 (3 BR) and $2,030 (4 BR) a month.
What is the Section 8 payment standard in 12043?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12043 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 12043?
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.