FY2027 Small Area FMR · Selkirk, NY

ZIP 12158 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12158 (Selkirk, NY) is $2,240 a month, down 1.3% from FY2026. That is 31% above the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$2,240per month ▼ 1.3%

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

Rank in the area6thof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,016

2 BR Small Area FMR$2,240

110% of SAFMR$2,464

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

Studio$1,620■ 0.0%

1 BR$1,870▼ 1.1%

2 BR$2,240▼ 1.3%

3 BR$2,670▼ 1.8%

4 BR$2,940▼ 2.3%

FY2027 FY2026

Where 12158 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12158 has the 6th 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 $2,240 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	$1,620	$1,458 – $1,782	$1,238	$1,620
1 bedroom	$1,870	$1,683 – $2,057	$1,425	$1,890
2 bedrooms	$2,240	$2,016 – $2,464	$1,711	$2,270
3 bedrooms	$2,670	$2,403 – $2,937	$2,039	$2,720
4 bedrooms	$2,940	$2,646 – $3,234	$2,249	$3,010

A household renting a two-bedroom home at the Small Area FMR of $2,240 needs about $89,600 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 12158 lies mainly in Albany 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
12161	South Bethlehem	1.7 mi	$2,240
12143	Ravena	3.6 mi	$1,540
12077	Glenmont	3.9 mi	$1,980
12045	Coeymans	4.3 mi	$1,960
12054	Delmar	5.1 mi	$2,270
12067	Feura Bush	5.1 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 12158?

HUD's FY2027 Small Area Fair Market Rents for 12158 are $1,620 (studio), $1,870 (1 BR), $2,240 (2 BR), $2,670 (3 BR) and $2,940 (4 BR) a month.

What is the Section 8 payment standard in 12158?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12158 that range is $2,016 to $2,464 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12158?

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.