12128
ZIPSAFMR
Albany County, NY
BRFMR
Eff. Rent
0 BR$1,240$1,360
1 BR$1,440$1,580
2 BR$1,730$1,900
3 BR$2,070$2,280
4 BR$2,290$2,520
5 BR$2,634
6 BR$3,029
7 BR$3,483
8 BR$4,005

Purchase Price Calculator

Maximum purchase price
$220,423

Cost breakdown

+Likely effective rent$1,900
HUD FMR$1,730
Market rent$2,090
Est. payment standard (110%)Used$1,900
Estimated payment standard is $1,900 (110% of FMR).
-Principal and interest-$1,115
Loan amount$176,338
Down payment$44,085
Rate6.50%
Term30 years
-Operating costs-$585
Property taxes-$220
Insurance-$175
Utilities$0
HOA$0
Management-$190
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,466(69.1% ROI)
Projected value
$237,371
Current value$220,423
Return breakdown
Property appreciation+$16,948
Loan principal paid down+$6,318
Rental cash flow+$7,200
5-year hold
+$52,232(118.5% ROI)
Projected value
$249,388
Current value$220,423
Return breakdown
Property appreciation+$28,965
Loan principal paid down+$11,266
Rental cash flow+$12,000
10-year hold
+$112,583(255.4% ROI)
Projected value
$282,160
Current value$220,423
Return breakdown
Property appreciation+$61,737
Loan principal paid down+$26,846
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.74ratio
FMR$1,240
Market$1,680
vs market-$440

FMR is below market; voucher rent may lag private rents.

90% standard$1,116 / 0.66 ratio110% standard$1,364 / 0.81 ratio
0.74
1 BR
1 BR
0.79ratio
FMR$1,440
Market$1,820
vs market-$380

FMR is below market; voucher rent may lag private rents.

90% standard$1,296 / 0.71 ratio110% standard$1,584 / 0.87 ratio
0.79
2 BR
2 BR
0.83ratio
FMR$1,730
Market$2,090
vs market-$360

FMR is below market; voucher rent may lag private rents.

90% standard$1,557 / 0.74 ratio110% standard$1,903 / 0.91 ratio
0.83
3 BR
3 BR
0.80ratio
FMR$2,070
Market$2,600
vs market-$530

FMR is below market; voucher rent may lag private rents.

90% standard$1,863 / 0.72 ratio110% standard$2,277 / 0.88 ratio
0.80
4 BR
4 BR
0.74ratio
FMR$2,290
Market$3,100
vs market-$810

FMR is below market; voucher rent may lag private rents.

90% standard$2,061 / 0.66 ratio110% standard$2,519 / 0.81 ratio
0.74
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 12128 (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.

12128 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 12128 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,730 and the 4 bedroom fair market rent is $2,290.

Use this page for searches like 12128 FMR, 12128 fair market rent, and 12128 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 12128
Bedroom sizeHUD FMR
Studio$1,240
1 bedroom$1,440
2 bedroom$1,730
3 bedroom$2,070
4 bedroom$2,290