12208
ZIPSAFMR
Albany County, NY
BRFMR
Eff. Rent
0 BR$1,230$1,140
1 BR$1,430$1,270
2 BR$1,720$1,720
3 BR$2,060$2,060
4 BR$2,280$2,280
5 BR$2,622
6 BR$3,015
7 BR$3,468
8 BR$3,988

Market Alignment

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

Studio
Studio
1.08ratio
FMR$1,230
Market$1,140
vs market+$90

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

1.08
1 BR
1 BR
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.

1.13
2 BR
2 BR
0.93ratio
FMR$1,720
Market$1,850
vs market-$130

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

0.93
3 BR
3 BR
0.92ratio
FMR$2,060
Market$2,230
vs market-$170

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

0.92
4 BR
4 BR
0.97ratio
FMR$2,280
Market$2,360
vs market-$80

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

0.97
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$193,675
Rent
$1,720
Down payment
$38,735
Loan
$154,940
Mortgage
$979
Expenses
$541
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 12208 (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.