FY2026 Fair Market Rents — Rensselaer County
Studio
$1,217
1BR
$1,417
2BR
$1,702
3BR
$2,041
4BR
$2,253
Rensselaer County, New York
FIPS 36083 · County-level FMR and income limit data
FMR Area: Albany-Schenectady-Troy, NY MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,217 | $14,604 |
| 1-Bedroom | $1,417 | $17,004 |
| 2-Bedroom | $1,702 | $20,424 |
| 3-Bedroom | $2,041 | $24,492 |
| 4-Bedroom | $2,253 | $27,036 |
To afford the FY2026 2-bedroom FMR of $1,702/mo under the 30%-of-income rule, a household needs about
$68,080/yr ($5,673/mo). Area Median Income is $123,100.
At NY's state minimum wage of $16.50/hr, a worker would need to work 80 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,217 | $1,417 | $1,702 | $2,041 | $2,253 |
| FY2025 | $1,074 | $1,230 | $1,487 | $1,792 | $1,971 |
| FY2024 | $1,011 | $1,131 | $1,374 | $1,661 | $1,830 |
| FY2023 | $968 | $1,079 | $1,313 | $1,598 | $1,764 |
| FY2022 | $890 | $991 | $1,207 | $1,492 | $1,637 |
| FY2021 | $809 | $912 | $1,117 | $1,389 | $1,515 |
| FY2020 | $747 | $855 | $1,054 | $1,313 | $1,428 |
FY2026 Income Limits
Area Median Income: $123,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $25,900 | $29,600 | $33,300 | $36,950 | $39,950 | $44,360 |
| 50% AMI | $43,100 | $49,250 | $55,400 | $61,550 | $66,500 | $71,400 |
| 80% AMI | $68,950 | $78,800 | $88,650 | $98,500 | $106,400 | $114,300 |