FY2027 Small Area FMR · Round Lake, NY

ZIP 12151 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12151 (Round Lake, NY) is $2,230 a month, down 2.6% from FY2026. That is 30% above the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$2,230per month ▼ 2.6%

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

Rank in the area8thof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,007

2 BR Small Area FMR$2,230

110% of SAFMR$2,453

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

Studio$1,610▼ 1.8%

1 BR$1,860▼ 2.6%

2 BR$2,230▼ 2.6%

3 BR$2,660▼ 3.3%

4 BR$2,930▼ 3.3%

FY2027 FY2026

Where 12151 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12151 has the 8th 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 $2,230 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	$1,610	$1,449 – $1,771	$1,238	$1,640
1 bedroom	$1,860	$1,674 – $2,046	$1,425	$1,910
2 bedrooms	$2,230	$2,007 – $2,453	$1,711	$2,290
3 bedrooms	$2,660	$2,394 – $2,926	$2,039	$2,750
4 bedrooms	$2,930	$2,637 – $3,223	$2,249	$3,030

A household renting a two-bedroom home at the Small Area FMR of $2,230 needs about $89,200 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 12151 lies mainly in Saratoga 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
12118	Mechanicville	3.8 mi	$1,560
12019	Ballston Lake	4.8 mi	$1,650
12065	Clifton Park	4.9 mi	$1,890
12027	Burnt Hills	6.2 mi	$1,780
12020	Ballston Spa	6.8 mi	$2,110
12148	Rexford	7.2 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 12151?

HUD's FY2027 Small Area Fair Market Rents for 12151 are $1,610 (studio), $1,860 (1 BR), $2,230 (2 BR), $2,660 (3 BR) and $2,930 (4 BR) a month.

What is the Section 8 payment standard in 12151?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12151 that range is $2,007 to $2,453 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12151?

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.