ALBANY, NY
CitySAFMR
Albany County
Found 35 ZIPs
BRFMR
Eff. Rent
0 BR$1,020 – $1,610$1,020 – $1,300
1 BR$1,180 – $1,870$1,180 – $1,720
2 BR$1,420 – $2,250$1,420 – $2,060
3 BR$1,700 – $2,700$1,700 – $2,470
4 BR$1,880 – $2,980$1,780 – $2,810
5 BR$2,634
6 BR$3,029
7 BR$3,483
8 BR$4,005

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.74ratio
FMR$1,130
Market$1,530
vs market-$400

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 1 ZIP
0.77ratio
FMR$1,020
Market$1,320
vs market-$300

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 3 ZIPs
0.95–0.98ratio range
Median FMR$1,240
Median Market$1,300
vs market-$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
Studio· 1 ZIP
1.01ratio
FMR$1,240
Market$1,230
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 3 ZIPs
1.03–1.06ratio range
Median FMR$1,320
Median Market$1,250
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
Studio· 2 ZIPs
1.08ratio range
Median FMR$1,295
Median Market$1,200
vs market+$95

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
Studio· 1 ZIP
1.16ratio
FMR$1,410
Market$1,220
vs market+$190

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.74–1.16
1 BR
1 BR· 1 ZIP
0.81ratio
FMR$1,180
Market$1,460
vs market-$280

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 1 ZIP
0.84ratio
FMR$1,440
Market$1,720
vs market-$280

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 1 ZIP
0.87ratio
FMR$1,320
Market$1,510
vs market-$190

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 2 ZIPs
0.96–0.97ratio range
Median FMR$1,490
Median Market$1,545
vs market-$55

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
1 BR· 4 ZIPs
0.98–1.02ratio range
Median FMR$1,495
Median Market$1,490
vs market+$5

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
1 BR· 1 ZIP
1.03ratio
FMR$1,870
Market$1,810
vs market+$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 1 ZIP
1.13ratio
FMR$1,430
Market$1,270
vs market+$160

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1 BR· 1 ZIP
1.22ratio
FMR$1,640
Market$1,340
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.81–1.22
2 BR
2 BR· 2 ZIPs
0.84ratio range
Median FMR$1,575
Median Market$1,875
vs market-$300

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
2 BR· 2 ZIPs
0.86–0.89ratio range
Median FMR$1,735
Median Market$1,980
vs market-$245

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
2 BR· 4 ZIPs
0.90–0.93ratio range
Median FMR$1,730
Median Market$1,870
vs market-$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
2 BR· 1 ZIP
0.97ratio
FMR$1,850
Market$1,910
vs market-$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 1 ZIP
0.99ratio
FMR$1,580
Market$1,590
vs market-$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 1 ZIP
1.12ratio
FMR$2,250
Market$2,010
vs market+$240

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2 BR· 1 ZIP
1.30ratio
FMR$1,970
Market$1,520
vs market+$450

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.84–1.30
3 BR
3 BR· 1 ZIP
0.84ratio
FMR$2,070
Market$2,470
vs market-$400

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 1 ZIP
0.89ratio
FMR$1,890
Market$2,120
vs market-$230

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 3 ZIPs
0.91–0.92ratio range
Median FMR$2,060
Median Market$2,230
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
3 BR· 3 ZIPs
0.96ratio range
Median FMR$2,220
Median Market$2,320
vs market-$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
3 BR· 1 ZIP
1.00ratio
FMR$1,890
Market$1,890
vs market+$0

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
1.06ratio
FMR$2,700
Market$2,550
vs market+$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
1.09ratio
FMR$2,090
Market$1,920
vs market+$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
1.20ratio
FMR$2,360
Market$1,960
vs market+$400

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.84–1.20
4 BR
4 BR· 2 ZIPs
0.81–0.85ratio range
Median FMR$2,085
Median Market$2,510
vs market-$425

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
4 BR· 2 ZIPs
0.86–0.90ratio range
Median FMR$2,295
Median Market$2,605
vs market-$310

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
4 BR· 3 ZIPs
0.96–0.97ratio range
Median FMR$2,280
Median Market$2,360
vs market-$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
4 BR· 1 ZIP
1.00ratio
FMR$2,980
Market$2,970
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 2 ZIPs
1.03ratio range
Median FMR$2,375
Median Market$2,310
vs market+$65

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
4 BR· 1 ZIP
1.17ratio
FMR$2,090
Market$1,780
vs market+$310

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4 BR· 1 ZIP
1.41ratio
FMR$2,610
Market$1,850
vs market+$760

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.81–1.41
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for ALBANY, NY (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.