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FY2017 Hypothetical Small Area FMRs For Saratoga County, NY

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Saratoga County is part of the Albany-Schenectady-Troy, NY MSA.

Saratoga County, NY Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
12010 $570 $670 $830 $1,040 $1,140 0.826
12019 $710 $840 $1,030 $1,290 $1,420 1.023
12020 $730 $870 $1,070 $1,340 $1,470 1.064
12025 $570 $670 $830 $1,040 $1,140 0.822
12027 $710 $840 $1,040 $1,300 $1,430 1.033
12065 $790 $930 $1,150 $1,440 $1,590 1.139
12074 $730 $860 $1,060 $1,330 $1,460 1.052
12086 $610 $720 $890 $1,110 $1,230 0.884
12118 $640 $760 $940 $1,180 $1,300 0.939
12134 $610 $720 $890 $1,110 $1,230 0.888
12148 $730 $860 $1,060 $1,330 $1,460 1.052
12151 $780 $930 $1,140 $1,430 $1,570 1.135
12170 $730 $870 $1,070 $1,340 $1,470 1.060
12188 $660 $780 $960 $1,200 $1,320 0.950
12302 $710 $840 $1,040 $1,300 $1,430 1.033
12803 $630 $750 $920 $1,150 $1,270 0.912
12822 $630 $750 $920 $1,150 $1,270 0.912
12828 $650 $790 $980 $1,240 $1,400 1.056
12831 $720 $850 $1,050 $1,310 $1,450 1.043
12833 $730 $860 $1,060 $1,330 $1,460 1.052
12835 $600 $710 $870 $1,090 $1,200 0.865
12850 $870 $1,030 $1,270 $1,590 $1,750 1.261
12859 $890 $1,060 $1,300 $1,630 $1,790 1.293
12863 $690 $810 $1,000 $1,250 $1,380 0.998
12866 $760 $900 $1,110 $1,390 $1,530 1.108
12871 $660 $780 $960 $1,200 $1,320 0.957
12884 $640 $760 $930 $1,160 $1,280 0.929

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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