Rent by ZIP · Albany County
Rent in Albany, NY 12202
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,540 (+8.5% vs FY2026). Renters in this ZIP code pay a median $1,064 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,100 | $1,020 | +7.8% | $990–1,210 | $920 ±$95 |
| 1 bedroom | $1,280 | $1,180 | +8.5% | $1,152–1,408 | $818 ±$60 |
| 2 bedrooms | $1,540 | $1,420 | +8.5% | $1,386–1,694 | $1,216 ±$150 |
| 3 bedrooms | $1,840 | $1,700 | +8.2% | $1,656–2,024 | $1,227 ±$663 |
| 4 bedrooms | $2,030 | $1,880 | +8% | $1,827–2,233 | $1,298 ±$161 |
Small Area FMRs for the Albany-Schenectady-Troy, NY MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Albany-Schenectady-Troy, NY MSA, 2 bedrooms: $1,711.
What renters pay in 12202
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 12203 | Albany | $1,890 | $1,523 |
| 12204 | Albany | $1,760 | $1,451 |
| 12205 | Albany | $1,900 | $1,384 |
| 12206 | Albany | $1,700 | $1,236 |
| 12207 | Albany | $1,970 | $1,164 |
| 12208 | Albany | $1,730 | $1,494 |
Fair Market Rents across Albany County, NY · All NY counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.