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Section 8 Fair Market Rent in Albany-Schenectady-Troy, NY (FY2026)
HUD's official FY2026 Fair Market Rents for the Albany-Schenectady-Troy, NY MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2026 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $1,217 | $1,095 – $1,339 |
| 1 bedroom | $1,417 | $1,275 – $1,559 |
| 2 bedrooms | $1,702 | $1,532 – $1,872 |
| 3 bedrooms | $2,041 | $1,837 – $2,245 |
| 4 bedrooms | $2,253 | $2,028 – $2,478 |
Source: HUD User — FY 2026 Fair Market Rents. FY2026 FMRs are effective October 1, 2025. Retrieved 2026-06-11.
How this market compares
The 2-bedroom FMR here is $1,702 — 44% above the New York median of $1,185 across all 39 FMR areas in the state.
Counties and towns covered
The Albany-Schenectady-Troy, NY FMR area is a metro area covering: Albany County, Rensselaer County, Saratoga County, Schenectady County, Schoharie County. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Albany-Schenectady-Troy: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable New York markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Ithaca | $1,466 | $1,753 | $2,102 |
| Kingston | $1,386 | $1,818 | $2,245 |
| Rochester | $1,256 | $1,573 | $1,895 |
| Columbia County | $1,263 | $1,434 | $1,730 |
| Hamilton County | $1,089 | $1,429 | $1,713 |
| Kiryas Joel-Poughkeepsie-Newburgh | $1,549 | $1,979 | $2,511 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Albany-Schenectady-Troy.