FY2027 Small Area FMR · Saratoga Springs, NY

ZIP 12866 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 12866 (Saratoga Springs, NY) is $2,330 a month, up 1.3% from FY2026. That is 36% above the Albany-Schenectady-Troy, NY area-wide FMR of $1,711.

2-bedroom SAFMR$2,330per month ▲ 1.3%

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

Rank in the area2ndof 153 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,097

2 BR Small Area FMR$2,330

110% of SAFMR$2,563

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

Studio$1,690▲ 2.4%

1 BR$1,940▲ 1.6%

2 BR$2,330▲ 1.3%

3 BR$2,780▲ 0.7%

4 BR$3,060▲ 0.3%

FY2027 FY2026

Where 12866 sits in the Albany-Schenectady-Troy, NY area

Of the 153 ZIP codes HUD lists for the area, 12866 has the 2nd 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 $2,330 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	$1,690	$1,521 – $1,859	$1,238	$1,650
1 bedroom	$1,940	$1,746 – $2,134	$1,425	$1,910
2 bedrooms	$2,330	$2,097 – $2,563	$1,711	$2,300
3 bedrooms	$2,780	$2,502 – $3,058	$2,039	$2,760
4 bedrooms	$3,060	$2,754 – $3,366	$2,249	$3,050

A household renting a two-bedroom home at the Small Area FMR of $2,330 needs about $93,200 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 12866 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
12170	Stillwater	6.2 mi	$1,740
12871	Schuylerville	6.5 mi	$1,540
12833	Greenfield Center	7.3 mi	$1,660
12884	Victory Mills	7.6 mi	$1,540
12020	Ballston Spa	8.2 mi	$2,110
12831	Gansevoort	8.7 mi	$1,750

Questions

What is the Fair Market Rent for ZIP code 12866?

HUD's FY2027 Small Area Fair Market Rents for 12866 are $1,690 (studio), $1,940 (1 BR), $2,330 (2 BR), $2,780 (3 BR) and $3,060 (4 BR) a month.

What is the Section 8 payment standard in 12866?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 12866 that range is $2,097 to $2,563 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 12866?

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.