12246
ZIPFMR
Albany County, NY
BRFMR
Eff. Rent
0 BR$1,217$1,217
1 BR$1,417$1,330
2 BR$1,702$1,520
3 BR$2,041$1,890
4 BR$2,253$1,790
5 BR$2,591
6 BR$2,980
7 BR$3,427
8 BR$3,941

Market Alignment

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

Studio
Studio
0.99ratio
FMR$1,217
Market$1,230
vs market-$13

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

0.99
1 BR
1 BR
1.07ratio
FMR$1,417
Market$1,330
vs market+$87

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

1.07
2 BR
2 BR
1.12ratio
FMR$1,702
Market$1,520
vs market+$182

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
3 BR
3 BR
1.08ratio
FMR$2,041
Market$1,890
vs market+$151

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

1.08
4 BR
4 BR
1.26ratio
FMR$2,253
Market$1,790
vs market+$463

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.26
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
$191,000
Rent
$1,702
Down payment
$38,200
Loan
$152,800
Mortgage
$966
Expenses
$536
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 12246 (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.