Rent by ZIP · Albany County
Rent in Albany, NY 12206
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,700 (+0.6% vs FY2026). Renters in this ZIP code pay a median $1,210 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,230 | $1,210 | +1.7% | $1,107–1,353 | $760 ±$561 |
| 1 bedroom | $1,420 | $1,410 | +0.7% | $1,278–1,562 | $798 ±$466 |
| 2 bedrooms | $1,700 | $1,690 | +0.6% | $1,530–1,870 | $1,236 ±$90 |
| 3 bedrooms | $2,030 | $2,030 | 0% | $1,827–2,233 | $1,442 ±$100 |
| 4 bedrooms | $2,230 | $2,240 | -0.4% | $2,007–2,453 | $1,118 ±$641 |
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 12206
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 |
|---|---|---|---|
| 12205 | Albany | $1,900 | $1,384 |
| 12207 | Albany | $1,970 | $1,164 |
| 12204 | Albany | $1,760 | $1,451 |
| 12208 | Albany | $1,730 | $1,494 |
| 12203 | Albany | $1,890 | $1,523 |
| 12209 | Albany | $1,570 | $1,225 |
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.