FY2027 Small Area FMR · Albany, NY

ZIP 12211 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12211 (Albany, NY) is $2,320 a month, up 3.1% from FY2026. That is 36% above the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$2,320per month ▲ 3.1%

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

Rank in the area3rdof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,088

2 BR Small Area FMR$2,320

110% of SAFMR$2,552

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

Studio$1,680▲ 4.3%

1 BR$1,930▲ 3.2%

2 BR$2,320▲ 3.1%

3 BR$2,760▲ 2.2%

4 BR$3,050▲ 2.3%

FY2027 FY2026

Where 12211 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12211 has the 3rd 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 $2,320 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	$1,680	$1,512 – $1,848	$1,238	$1,610
1 bedroom	$1,930	$1,737 – $2,123	$1,425	$1,870
2 bedrooms	$2,320	$2,088 – $2,552	$1,711	$2,250
3 bedrooms	$2,760	$2,484 – $3,036	$2,039	$2,700
4 bedrooms	$3,050	$2,745 – $3,355	$2,249	$2,980

A household renting a two-bedroom home at the Small Area FMR of $2,320 needs about $92,800 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 12211 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
12204	Albany	1.7 mi	$1,760
12206	Albany	2.2 mi	$1,700
12210	Albany	3.1 mi	$1,550
12207	Albany	3.2 mi	$1,970
12222	Albany	3.3 mi	$2,570
12189	Watervliet	3.3 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 12211?

HUD's FY2027 Small Area Fair Market Rents for 12211 are $1,680 (studio), $1,930 (1 BR), $2,320 (2 BR), $2,760 (3 BR) and $3,050 (4 BR) a month.

What is the Section 8 payment standard in 12211?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12211 that range is $2,088 to $2,552 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12211?

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.