FY2027 Small Area FMR · Troy, NY

ZIP 12180 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12180 (Troy, NY) is $1,710 a month, up 1.8% from FY2026. That is 0% equal to the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$1,710per month ▲ 1.8%

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

Rank in the area55thof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,539

2 BR Small Area FMR$1,710

110% of SAFMR$1,881

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

Studio$1,240▲ 3.3%

1 BR$1,420▲ 1.4%

2 BR$1,710▲ 1.8%

3 BR$2,040▲ 1.5%

4 BR$2,250▲ 1.4%

FY2027 FY2026

Where 12180 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12180 has the 55th 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 $1,710 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	$1,240	$1,116 – $1,364	$1,238	$1,200
1 bedroom	$1,420	$1,278 – $1,562	$1,425	$1,400
2 bedrooms	$1,710	$1,539 – $1,881	$1,711	$1,680
3 bedrooms	$2,040	$1,836 – $2,244	$2,039	$2,010
4 bedrooms	$2,250	$2,025 – $2,475	$2,249	$2,220

A household renting a two-bedroom home at the Small Area FMR of $1,710 needs about $68,400 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 12180 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
12182	Troy	3.9 mi	$1,540
12140	Poestenkill	4.4 mi	$1,540
12183	Troy	4.7 mi	$1,540
12198	Wynantskill	5.5 mi	$1,610
12189	Watervliet	6.0 mi	$1,540
12052	Cropseyville	6.1 mi	$2,010

Questions

What is the Fair Market Rent for ZIP code 12180?

HUD's FY2027 Small Area Fair Market Rents for 12180 are $1,240 (studio), $1,420 (1 BR), $1,710 (2 BR), $2,040 (3 BR) and $2,250 (4 BR) a month.

What is the Section 8 payment standard in 12180?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12180 that range is $1,539 to $1,881 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12180?

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.