FY2027 Small Area FMR · Wynantskill, NY

ZIP 12198 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12198 (Wynantskill, NY) is $1,610 a month, up 3.9% from FY2026. That is 6% below the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$1,610per month ▲ 3.9%

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

Rank in the area74thof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,449

2 BR Small Area FMR$1,610

110% of SAFMR$1,771

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

Studio$1,160▲ 4.5%

1 BR$1,340▲ 3.9%

2 BR$1,610▲ 3.9%

3 BR$1,920▲ 3.2%

4 BR$2,120▲ 3.4%

FY2027 FY2026

Where 12198 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12198 has the 74th 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 $1,610 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	$1,160	$1,044 – $1,276	$1,238	$1,110
1 bedroom	$1,340	$1,206 – $1,474	$1,425	$1,290
2 bedrooms	$1,610	$1,449 – $1,771	$1,711	$1,550
3 bedrooms	$1,920	$1,728 – $2,112	$2,039	$1,860
4 bedrooms	$2,120	$1,908 – $2,332	$2,249	$2,050

A household renting a two-bedroom home at the Small Area FMR of $1,610 needs about $64,400 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 12198 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
12196	West Sand Lake	3.0 mi	$1,540
12140	Poestenkill	4.3 mi	$1,540
12061	East Greenbush	5.2 mi	$2,320
12204	Albany	5.2 mi	$1,760
12144	Rensselaer	5.3 mi	$1,970
12180	Troy	5.5 mi	$1,710

Questions

What is the Fair Market Rent for ZIP code 12198?

HUD's FY2027 Small Area Fair Market Rents for 12198 are $1,160 (studio), $1,340 (1 BR), $1,610 (2 BR), $1,920 (3 BR) and $2,120 (4 BR) a month.

What is the Section 8 payment standard in 12198?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12198 that range is $1,449 to $1,771 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12198?

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.