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Rent by ZIP · Schenectady County

Rent in Schenectady, NY 12308

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,580 (+0.6% vs FY2026). Renters in this ZIP code pay a median $1,193 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,140$1,120+1.8%$1,026–1,254$477 ±$230
1 bedroom$1,320$1,310+0.8%$1,188–1,452$1,094 ±$47
2 bedrooms$1,580$1,570+0.6%$1,422–1,738$1,305 ±$91
3 bedrooms$1,880$1,8800%$1,692–2,068$1,522 ±$220
4 bedrooms$2,080$2,0800%$1,872–2,288$702 ±$366

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 12308

Median gross rent$1,193±$65 · all sizes
Renter households3,43855% of occupied homes
No cash rent51households

How rents are spread

Under $1,00027%
$1,000–1,49950%
$1,500–1,99915%
$2,000–2,4997%
$2,500–2,9990%
$3,000–3,4991%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
12307Schenectady$1,540$1,109
12309Schenectady$1,920$1,515
12306Schenectady$1,630$1,232
12305Schenectady$1,540$1,019
12304Schenectady$1,540$1,152
12303Schenectady$1,540$1,135

Fair Market Rents across Schenectady 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.