12205
ZIPSAFMR
Albany County, NY
BRFMR
Eff. Rent
0 BR$1,350$1,310
1 BR$1,570$1,610
2 BR$1,890$2,080
3 BR$2,270$2,420
4 BR$2,500$2,690
5 BR$2,875
6 BR$3,306
7 BR$3,802
8 BR$4,373

Purchase Price Calculator

Maximum purchase price
$247,171

Cost breakdown

+Likely effective rent$2,080
HUD FMR$1,890
Market rent$2,190
Est. payment standard (110%)Used$2,080
Estimated payment standard is $2,080 (110% of FMR).
-Principal and interest-$1,250
Loan amount$197,737
Down payment$49,434
Rate6.50%
Term30 years
-Operating costs-$630
Property taxes-$247
Insurance-$175
Utilities$0
HOA$0
Management-$208
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,290(67.3% ROI)
Projected value
$266,176
Current value$247,171
Return breakdown
Property appreciation+$19,005
Loan principal paid down+$7,084
Rental cash flow+$7,200
5-year hold
+$57,114(115.5% ROI)
Projected value
$279,651
Current value$247,171
Return breakdown
Property appreciation+$32,480
Loan principal paid down+$12,633
Rental cash flow+$12,000
10-year hold
+$123,332(249.5% ROI)
Projected value
$316,399
Current value$247,171
Return breakdown
Property appreciation+$69,229
Loan principal paid down+$30,103
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
1.03ratio
FMR$1,350
Market$1,310
vs market+$40

FMR is near market; voucher and private rents are aligned.

90% standard$1,215 / 0.93 ratio110% standard$1,485 / 1.13 ratio
1.03
1 BR
1 BR
0.96ratio
FMR$1,570
Market$1,630
vs market-$60

FMR is near market; voucher and private rents are aligned.

90% standard$1,413 / 0.87 ratio110% standard$1,727 / 1.06 ratio
0.96
2 BR
2 BR
0.86ratio
FMR$1,890
Market$2,190
vs market-$300

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

90% standard$1,701 / 0.78 ratio110% standard$2,079 / 0.95 ratio
0.86
3 BR
3 BR
0.91ratio
FMR$2,270
Market$2,500
vs market-$230

FMR is near market; voucher and private rents are aligned.

90% standard$2,043 / 0.82 ratio110% standard$2,497 / 1.00 ratio
0.91
4 BR
4 BR
0.90ratio
FMR$2,500
Market$2,790
vs market-$290

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

90% standard$2,250 / 0.81 ratio110% standard$2,750 / 0.99 ratio
0.90
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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 12205 (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.

12205 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 12205 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,890 and the 4 bedroom fair market rent is $2,500.

Use this page for searches like 12205 FMR, 12205 fair market rent, and 12205 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 12205
Bedroom sizeHUD FMR
Studio$1,350
1 bedroom$1,570
2 bedroom$1,890
3 bedroom$2,270
4 bedroom$2,500