Albany County, NY

2024 Fair Market Rents

Tags: 2024 Albany-Schenectady-Troy, NY MSA

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The top four largest cities in Albany County are Clifton Park, Schenectady, Albany, and Latham. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Albany County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Albany County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Albany County compare?

Albany County ($1,374) has a 1.7% lower FMR for 2-Bedroom housing than the average of New York ($1,398) and therefore has a lower gross rent.

Albany County is rank 15th out of 62 counties. This means the FMRs, or in other words, the gross rent is higher than 47 other counties. Albany County is the 15th most expensive county in terms of FMRs.

Rent Tables Albany County, NY

Fair Market Rent (40th Percentile)

$1,011
studio
$1,131
1-Bedroom
$1,374
2-Bedroom
$1,661
3-Bedroom
$1,830
4-Bedroom

Median Rent (50th Percentile)

$1,087
studio
$1,216
1-Bedroom
$1,477
2-Bedroom
$1,786
3-Bedroom
$1,967
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
12007 $1,020 $1,140 $1,390 $1,680 $1,850
12009 $1,060 $1,190 $1,440 $1,740 $1,920
12023 $880 $980 $1,190 $1,440 $1,590
12041 $980 $1,100 $1,330 $1,610 $1,770
12045 $1,020 $1,140 $1,390 $1,680 $1,850
12046 $910 $1,020 $1,240 $1,500 $1,650
12047 $990 $1,110 $1,350 $1,630 $1,800
12053 $1,000 $1,120 $1,360 $1,640 $1,810
12054 $1,180 $1,330 $1,610 $1,950 $2,140
12055 $1,020 $1,140 $1,390 $1,680 $1,850
12059 $880 $980 $1,190 $1,440 $1,590
12065 $1,110 $1,240 $1,510 $1,830 $2,010
12067 $880 $980 $1,190 $1,440 $1,590
12077 $1,220 $1,370 $1,660 $2,010 $2,210
12083 $930 $1,040 $1,260 $1,520 $1,680
12084 $1,240 $1,380 $1,680 $2,030 $2,240
12085 $880 $980 $1,190 $1,440 $1,590
12087 $1,020 $1,140 $1,390 $1,680 $1,850
12107 $1,020 $1,140 $1,390 $1,680 $1,850
12110 $1,200 $1,340 $1,630 $1,970 $2,170
12120 $880 $980 $1,190 $1,440 $1,590
12122 $880 $980 $1,190 $1,440 $1,590
12128 $1,020 $1,140 $1,390 $1,680 $1,850
12143 $880 $980 $1,190 $1,440 $1,590
12147 $880 $980 $1,190 $1,440 $1,590
12157 $880 $980 $1,190 $1,440 $1,590
12158 $1,330 $1,490 $1,810 $2,190 $2,410
12159 $1,130 $1,270 $1,540 $1,860 $2,050
12161 $1,330 $1,490 $1,810 $2,190 $2,410
12183 $880 $980 $1,190 $1,440 $1,590
12186 $1,020 $1,140 $1,380 $1,670 $1,840
12189 $890 $1,000 $1,210 $1,460 $1,610
12193 $920 $1,030 $1,260 $1,530 $1,690
12201 $1,020 $1,140 $1,390 $1,680 $1,850
12202 $880 $980 $1,190 $1,440 $1,590
12203 $1,160 $1,290 $1,570 $1,900 $2,090
12204 $1,040 $1,170 $1,420 $1,720 $1,890
12205 $1,100 $1,230 $1,500 $1,810 $2,000
12206 $990 $1,110 $1,350 $1,630 $1,800
12207 $1,020 $1,140 $1,380 $1,670 $1,840
12208 $1,020 $1,140 $1,390 $1,680 $1,850
12209 $980 $1,090 $1,330 $1,610 $1,770
12210 $940 $1,050 $1,280 $1,550 $1,700
12211 $1,340 $1,500 $1,820 $2,200 $2,420
12212 $1,020 $1,140 $1,390 $1,680 $1,850
12220 $1,020 $1,140 $1,390 $1,680 $1,850
12222 $1,130 $1,260 $1,530 $1,850 $2,030
12223 $1,020 $1,140 $1,390 $1,680 $1,850
12226 $1,020 $1,140 $1,390 $1,680 $1,850
12227 $1,020 $1,140 $1,390 $1,680 $1,850
12236 $1,020 $1,140 $1,390 $1,680 $1,850
12237 $1,020 $1,140 $1,390 $1,680 $1,850
12247 $1,020 $1,140 $1,390 $1,680 $1,850
12260 $1,020 $1,140 $1,390 $1,680 $1,850
12288 $1,020 $1,140 $1,390 $1,680 $1,850
12303 $910 $1,020 $1,240 $1,500 $1,650
12304 $930 $1,040 $1,260 $1,520 $1,680
12306 $930 $1,040 $1,260 $1,520 $1,680
12309 $1,130 $1,270 $1,540 $1,860 $2,050
12460 $890 $990 $1,200 $1,460 $1,620
12469 $880 $980 $1,190 $1,440 $1,590
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
12007 $918 $1,026 $1,251 $1,512 $1,665
12009 $954 $1,071 $1,296 $1,566 $1,728
12023 $792 $882 $1,071 $1,296 $1,431
12041 $882 $990 $1,197 $1,449 $1,593
12045 $918 $1,026 $1,251 $1,512 $1,665
12046 $819 $918 $1,116 $1,350 $1,485
12047 $891 $999 $1,215 $1,467 $1,620
12053 $900 $1,008 $1,224 $1,476 $1,629
12054 $1,062 $1,197 $1,449 $1,755 $1,926
12055 $918 $1,026 $1,251 $1,512 $1,665
12059 $792 $882 $1,071 $1,296 $1,431
12065 $999 $1,116 $1,359 $1,647 $1,809
12067 $792 $882 $1,071 $1,296 $1,431
12077 $1,098 $1,233 $1,494 $1,809 $1,989
12083 $837 $936 $1,134 $1,368 $1,512
12084 $1,116 $1,242 $1,512 $1,827 $2,016
12085 $792 $882 $1,071 $1,296 $1,431
12087 $918 $1,026 $1,251 $1,512 $1,665
12107 $918 $1,026 $1,251 $1,512 $1,665
12110 $1,080 $1,206 $1,467 $1,773 $1,953
12120 $792 $882 $1,071 $1,296 $1,431
12122 $792 $882 $1,071 $1,296 $1,431
12128 $918 $1,026 $1,251 $1,512 $1,665
12143 $792 $882 $1,071 $1,296 $1,431
12147 $792 $882 $1,071 $1,296 $1,431
12157 $792 $882 $1,071 $1,296 $1,431
12158 $1,197 $1,341 $1,629 $1,971 $2,169
12159 $1,017 $1,143 $1,386 $1,674 $1,845
12161 $1,197 $1,341 $1,629 $1,971 $2,169
12183 $792 $882 $1,071 $1,296 $1,431
12186 $918 $1,026 $1,242 $1,503 $1,656
12189 $801 $900 $1,089 $1,314 $1,449
12193 $828 $927 $1,134 $1,377 $1,521
12201 $918 $1,026 $1,251 $1,512 $1,665
12202 $792 $882 $1,071 $1,296 $1,431
12203 $1,044 $1,161 $1,413 $1,710 $1,881
12204 $936 $1,053 $1,278 $1,548 $1,701
12205 $990 $1,107 $1,350 $1,629 $1,800
12206 $891 $999 $1,215 $1,467 $1,620
12207 $918 $1,026 $1,242 $1,503 $1,656
12208 $918 $1,026 $1,251 $1,512 $1,665
12209 $882 $981 $1,197 $1,449 $1,593
12210 $846 $945 $1,152 $1,395 $1,530
12211 $1,206 $1,350 $1,638 $1,980 $2,178
12212 $918 $1,026 $1,251 $1,512 $1,665
12220 $918 $1,026 $1,251 $1,512 $1,665
12222 $1,017 $1,134 $1,377 $1,665 $1,827
12223 $918 $1,026 $1,251 $1,512 $1,665
12226 $918 $1,026 $1,251 $1,512 $1,665
12227 $918 $1,026 $1,251 $1,512 $1,665
12236 $918 $1,026 $1,251 $1,512 $1,665
12237 $918 $1,026 $1,251 $1,512 $1,665
12247 $918 $1,026 $1,251 $1,512 $1,665
12260 $918 $1,026 $1,251 $1,512 $1,665
12288 $918 $1,026 $1,251 $1,512 $1,665
12303 $819 $918 $1,116 $1,350 $1,485
12304 $837 $936 $1,134 $1,368 $1,512
12306 $837 $936 $1,134 $1,368 $1,512
12309 $1,017 $1,143 $1,386 $1,674 $1,845
12460 $801 $891 $1,080 $1,314 $1,458
12469 $792 $882 $1,071 $1,296 $1,431
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
12007 $1,122 $1,254 $1,529 $1,848 $2,035
12009 $1,166 $1,309 $1,584 $1,914 $2,112
12023 $968 $1,078 $1,309 $1,584 $1,749
12041 $1,078 $1,210 $1,463 $1,771 $1,947
12045 $1,122 $1,254 $1,529 $1,848 $2,035
12046 $1,001 $1,122 $1,364 $1,650 $1,815
12047 $1,089 $1,221 $1,485 $1,793 $1,980
12053 $1,100 $1,232 $1,496 $1,804 $1,991
12054 $1,298 $1,463 $1,771 $2,145 $2,354
12055 $1,122 $1,254 $1,529 $1,848 $2,035
12059 $968 $1,078 $1,309 $1,584 $1,749
12065 $1,221 $1,364 $1,661 $2,013 $2,211
12067 $968 $1,078 $1,309 $1,584 $1,749
12077 $1,342 $1,507 $1,826 $2,211 $2,431
12083 $1,023 $1,144 $1,386 $1,672 $1,848
12084 $1,364 $1,518 $1,848 $2,233 $2,464
12085 $968 $1,078 $1,309 $1,584 $1,749
12087 $1,122 $1,254 $1,529 $1,848 $2,035
12107 $1,122 $1,254 $1,529 $1,848 $2,035
12110 $1,320 $1,474 $1,793 $2,167 $2,387
12120 $968 $1,078 $1,309 $1,584 $1,749
12122 $968 $1,078 $1,309 $1,584 $1,749
12128 $1,122 $1,254 $1,529 $1,848 $2,035
12143 $968 $1,078 $1,309 $1,584 $1,749
12147 $968 $1,078 $1,309 $1,584 $1,749
12157 $968 $1,078 $1,309 $1,584 $1,749
12158 $1,463 $1,639 $1,991 $2,409 $2,651
12159 $1,243 $1,397 $1,694 $2,046 $2,255
12161 $1,463 $1,639 $1,991 $2,409 $2,651
12183 $968 $1,078 $1,309 $1,584 $1,749
12186 $1,122 $1,254 $1,518 $1,837 $2,024
12189 $979 $1,100 $1,331 $1,606 $1,771
12193 $1,012 $1,133 $1,386 $1,683 $1,859
12201 $1,122 $1,254 $1,529 $1,848 $2,035
12202 $968 $1,078 $1,309 $1,584 $1,749
12203 $1,276 $1,419 $1,727 $2,090 $2,299
12204 $1,144 $1,287 $1,562 $1,892 $2,079
12205 $1,210 $1,353 $1,650 $1,991 $2,200
12206 $1,089 $1,221 $1,485 $1,793 $1,980
12207 $1,122 $1,254 $1,518 $1,837 $2,024
12208 $1,122 $1,254 $1,529 $1,848 $2,035
12209 $1,078 $1,199 $1,463 $1,771 $1,947
12210 $1,034 $1,155 $1,408 $1,705 $1,870
12211 $1,474 $1,650 $2,002 $2,420 $2,662
12212 $1,122 $1,254 $1,529 $1,848 $2,035
12220 $1,122 $1,254 $1,529 $1,848 $2,035
12222 $1,243 $1,386 $1,683 $2,035 $2,233
12223 $1,122 $1,254 $1,529 $1,848 $2,035
12226 $1,122 $1,254 $1,529 $1,848 $2,035
12227 $1,122 $1,254 $1,529 $1,848 $2,035
12236 $1,122 $1,254 $1,529 $1,848 $2,035
12237 $1,122 $1,254 $1,529 $1,848 $2,035
12247 $1,122 $1,254 $1,529 $1,848 $2,035
12260 $1,122 $1,254 $1,529 $1,848 $2,035
12288 $1,122 $1,254 $1,529 $1,848 $2,035
12303 $1,001 $1,122 $1,364 $1,650 $1,815
12304 $1,023 $1,144 $1,386 $1,672 $1,848
12306 $1,023 $1,144 $1,386 $1,672 $1,848
12309 $1,243 $1,397 $1,694 $2,046 $2,255
12460 $979 $1,089 $1,320 $1,606 $1,782
12469 $968 $1,078 $1,309 $1,584 $1,749

Fair Market Rents on this page apply to the following cities in Albany County, New York: Clifton Park, Schenectady, Albany, Latham, Delmar, Cohoes, Watervliet, Slingerlands, Altamont, Voorheesville, Glenmont, Selkirk, Ravena, Delanson, Guilderland, Middleburgh, Schoharie, Greenville, Troy, and Westerlo.

These Fair Market Rents also apply to the following ZIP codes in Albany County, New York: 12065, 12309, 12303, 12205, 12306, 12203, 12110, 12304, 12054, 12047, 12208, 12189, 12211, 12206, 12209, 12159, 12210, 12202, 12009, and 12186.

Albany County, NY is considered part of the following metro FMR area: ALBANY-SCHENECTADY-TROY, NY MSA.

Other counties in the same metro FMR area are: Rensselaer County, NY, Saratoga County, NY, Schenectady County, NY, and Schoharie County, NY.

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Fair Market Rents are published by the Department of Housing And Urban Development.