Rent by ZIP · Albany County
Rent in Albany, NY 12203
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,890 (-0.5% vs FY2026). Renters in this ZIP code pay a median $1,409 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,370 | $1,360 | +0.7% | $1,233–1,507 | $870 ±$110 |
| 1 bedroom | $1,570 | $1,580 | -0.6% | $1,413–1,727 | $1,254 ±$105 |
| 2 bedrooms | $1,890 | $1,900 | -0.5% | $1,701–2,079 | $1,523 ±$103 |
| 3 bedrooms | $2,250 | $2,280 | -1.3% | $2,025–2,475 | $1,629 ±$229 |
| 4 bedrooms | $2,480 | $2,520 | -1.6% | $2,232–2,728 | $2,161 ±$268 |
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 12203
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 |
|---|---|---|---|
| 12202 | Albany | $1,540 | $1,216 |
| 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.