Rent by ZIP · Albany County
Rent in Albany, NY 12208
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,730 (+0.6% vs FY2026). Renters in this ZIP code pay a median $1,320 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,250 | $1,230 | +1.6% | $1,125–1,375 | $1,294 ±$381 |
| 1 bedroom | $1,440 | $1,430 | +0.7% | $1,296–1,584 | $1,032 ±$83 |
| 2 bedrooms | $1,730 | $1,720 | +0.6% | $1,557–1,903 | $1,494 ±$110 |
| 3 bedrooms | $2,060 | $2,060 | 0% | $1,854–2,266 | $1,462 ±$125 |
| 4 bedrooms | $2,270 | $2,280 | -0.4% | $2,043–2,497 | – |
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 12208
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 |
|---|---|---|---|
| 12207 | Albany | $1,970 | $1,164 |
| 12209 | Albany | $1,570 | $1,225 |
| 12206 | Albany | $1,700 | $1,236 |
| 12210 | Albany | $1,550 | $1,195 |
| 12205 | Albany | $1,900 | $1,384 |
| 12211 | Albany | $2,320 | $1,596 |
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.