12118
ZIPSAFMR
Rensselaer County, NY
BRFMR
Eff. Rent
0 BR$1,090$1,090
1 BR$1,270$1,270
2 BR$1,520$1,520
3 BR$1,820$1,820
4 BR$2,010$2,010
5 BR$2,312
6 BR$2,658
7 BR$3,057
8 BR$3,516

Market Alignment

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

Studio
Studio
0.81ratio
FMR$1,090
Market$1,340
vs market-$250

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

0.81
1 BR
1 BR
0.94ratio
FMR$1,270
Market$1,350
vs market-$80

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

0.94
2 BR
2 BR
0.97ratio
FMR$1,520
Market$1,560
vs market-$40

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

0.97
3 BR
3 BR
0.79ratio
FMR$1,820
Market$2,290
vs market-$470

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

0.79
4 BR
4 BR
0.82ratio
FMR$2,010
Market$2,460
vs market-$450

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

0.82
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$163,955
Rent
$1,520
Down payment
$32,791
Loan
$131,164
Mortgage
$829
Expenses
$491
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 12118 (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.

12118 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 12118 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,520 and the 4 bedroom fair market rent is $2,010.

Use this page for searches like 12118 FMR, 12118 fair market rent, and 12118 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 12118
Bedroom sizeHUD FMR
Studio$1,090
1 bedroom$1,270
2 bedroom$1,520
3 bedroom$1,820
4 bedroom$2,010