Rent comparison · HUD FY2026
Albany-Schenectady-Troy, NY MSA vs Binghamton, NY MSA
How do Albany-Schenectady-Troy, NY MSA and Binghamton, NY MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $1,417
- Albany-Schenectady-Troy, NY MSA (1BR)
- $868
- Binghamton, NY MSA (1BR)
- +63%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Albany-Schenectady-Troy, NY MSA is 63% more expensive than Binghamton, NY MSA at the HUD Fair Market Rent level ($1,417 vs $868). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Albany-Schenectady-Troy, NY MSA | Binghamton, NY MSA | Difference |
|---|---|---|---|
| Studio | $1,217 | $783 | +$434 (+55%) |
| 1 Bedroom | $1,417 | $868 | +$549 (+63%) |
| 2 Bedroom | $1,702 | $1,103 | +$599 (+54%) |
| 3 Bedroom | $2,041 | $1,412 | +$629 (+45%) |
| 4 Bedroom | $2,253 | $1,622 | +$631 (+39%) |
vs US National Average
National average 1BR: $959. Albany-Schenectady-Troy, NY MSA is 48% above the US average. Binghamton, NY MSA is 9% below.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).