Albany County
FY 2026 HUD Fair Market Rents in New York. Population: 315,041.
Fair Market Rents (2026)
Studio
National avg: $893
$1,217/mo
↑ 13.3% YoY
+36% vs US
1 Bedroom
National avg: $959
$1,417/mo
↑ 15.2% YoY
+48% vs US
2 Bedroom
National avg: $1,175
$1,702/mo
↑ 14.5% YoY
+45% vs US
3 Bedroom
National avg: $1,525
$2,041/mo
↑ 13.9% YoY
+34% vs US
4 Bedroom
National avg: $1,756
$2,253/mo
↑ 14.3% YoY
+28% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,074 | $1,217 | +$143 (+13.3%) |
| 1 Bedroom | $1,230 | $1,417 | +$187 (+15.2%) |
| 2 Bedroom | $1,487 | $1,702 | +$215 (+14.5%) |
| 3 Bedroom | $1,792 | $2,041 | +$249 (+13.9%) |
| 4 Bedroom | $1,971 | $2,253 | +$282 (+14.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$56,680
$4,723/month gross
Required annual income for 2 BR
$68,080
$5,673/month gross
Other Counties in New York
Chautauqua County
1 BR: $754/mo
Warren County
1 BR: $1,066/mo
Livingston County
1 BR: $1,256/mo
Wyoming County
1 BR: $844/mo
Schoharie County
1 BR: $1,417/mo
Kings County
1 BR: $2,655/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.