12161
ZIPSAFMR
Albany County, NY
BRFMR
Eff. Rent
0 BR$1,620$1,280
1 BR$1,890$1,470
2 BR$2,270$1,660
3 BR$2,720$2,020
4 BR$3,010$1,980
5 BR$3,461
6 BR$3,981
7 BR$4,578
8 BR$5,265

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMR$2,270
Market rentUsed$1,660
Est. payment standard (90%)$2,040
Market rent is below the inferred standard ($2,040, 90% of FMR).
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Current value$184,759
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Current value$184,759
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Current value$184,759
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
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
1.27ratio
FMR$1,620
Market$1,280
vs market+$340

FMR is above market; underwrite to market rent.

90% standard$1,458 / 1.14 ratio110% standard$1,782 / 1.39 ratio
1.27
1 BR
1 BR
1.29ratio
FMR$1,890
Market$1,470
vs market+$420

FMR is above market; underwrite to market rent.

90% standard$1,701 / 1.16 ratio110% standard$2,079 / 1.41 ratio
1.29
2 BR
2 BR
1.37ratio
FMR$2,270
Market$1,660
vs market+$610

FMR is above market; underwrite to market rent.

90% standard$2,043 / 1.23 ratio110% standard$2,497 / 1.50 ratio
1.37
3 BR
3 BR
1.35ratio
FMR$2,720
Market$2,020
vs market+$700

FMR is above market; underwrite to market rent.

90% standard$2,448 / 1.21 ratio110% standard$2,992 / 1.48 ratio
1.35
4 BR
4 BR
1.52ratio
FMR$3,010
Market$1,980
vs market+$1,030

FMR is above market; underwrite to market rent.

90% standard$2,709 / 1.37 ratio110% standard$3,311 / 1.67 ratio
1.52
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across 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 12161 (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.

12161 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 12161 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,270 and the 4 bedroom fair market rent is $3,010.

Use this page for searches like 12161 FMR, 12161 fair market rent, and 12161 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 12161
Bedroom sizeHUD FMR
Studio$1,620
1 bedroom$1,890
2 bedroom$2,270
3 bedroom$2,720
4 bedroom$3,010