12234
ZIPFMR
Albany County, NY
BRFMR
Eff. Rent
0 BR$1,217$1,217
1 BR$1,417$1,417
2 BR$1,702$1,702
3 BR$2,041$2,041
4 BR$2,253$2,253
5 BR$2,591
6 BR$2,980
7 BR$3,427
8 BR$3,941

Purchase Price Calculator

Maximum purchase price
$191,000

Cost breakdown

+Likely effective rent$1,702
HUD FMRUsed$1,702
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$966
Loan amount$152,800
Down payment$38,200
Rate6.50%
Term30 years
-Operating costs-$536
Property taxes-$191
Insurance-$175
Utilities$0
HOA$0
Management-$170
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,361(71.6% ROI)
Projected value
$205,686
Current value$191,000
Return breakdown
Property appreciation+$14,686
Loan principal paid down+$5,474
Rental cash flow+$7,200
5-year hold
+$46,861(122.7% ROI)
Projected value
$216,099
Current value$191,000
Return breakdown
Property appreciation+$25,099
Loan principal paid down+$9,762
Rental cash flow+$12,000
10-year hold
+$100,758(263.8% ROI)
Projected value
$244,496
Current value$191,000
Return breakdown
Property appreciation+$53,496
Loan principal paid down+$23,262
Rental cash flow+$24,000

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 12234 (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 FMR 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.

12234 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 12234 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,702 and the 4 bedroom fair market rent is $2,253.

Use this page for searches like 12234 FMR, 12234 fair market rent, and 12234 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 12234
Bedroom sizeHUD FMR
Studio$1,217
1 bedroom$1,417
2 bedroom$1,702
3 bedroom$2,041
4 bedroom$2,253