ZIP 12169 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 12169 in the Albany-Schenectady-Troy, NY MSA FMR area.

$1,360Efficiency
$1,5701 bedroom
$1,8802 bedrooms
$2,2403 bedrooms
$2,4804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,360$1,224$1,496$1,238
1 bedroom$1,570$1,413$1,727$1,425
2 bedrooms$1,880$1,692$2,068$1,711
3 bedrooms$2,240$2,016$2,464$2,039
4 bedrooms$2,480$2,232$2,728$2,249

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 12169

$70,310average adjusted gross income per tax return (2022)
$50,465average salaries and wages per return
200tax returns filed
32%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.0%
$25,000 to $50,00020.0%
$50,000 to $75,00020.0%
$75,000 to $100,00010.0%
$100,000 to $200,00025.0%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 12169?

HUD's FY2027 Small Area FMRs for ZIP 12169 (Albany-Schenectady-Troy, NY MSA) are $1,360 efficiency, $1,570 one bedroom, $1,880 two bedrooms, $2,240 three and $2,480 four bedrooms.

What payment standard can a housing authority set in ZIP 12169?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,692 to $2,068.

How affordable is rent in ZIP 12169?

Tax returns filed from ZIP 12169 reported an average adjusted gross income of $70,310 (2022). A two-bedroom unit at the Small Area FMR costs $22,560 a year, or 32% of that income.