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FY2017 Hypothetical Small Area FMRs For Albany 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.

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

Albany County, NY Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
12007 $700 $830 $1,020 $1,280 $1,410 1.016
12009 $780 $930 $1,140 $1,430 $1,570 1.132
12023 $670 $800 $980 $1,230 $1,350 0.978
12041 $700 $830 $1,020 $1,280 $1,410 1.016
12045 $470 $550 $680 $850 $940 0.614
12046 $700 $830 $1,020 $1,280 $1,410 1.016
12047 $640 $760 $930 $1,160 $1,280 0.925
12053 $900 $1,060 $1,310 $1,640 $1,810 1.303
12054 $830 $980 $1,210 $1,510 $1,670 1.203
12059 $700 $830 $1,020 $1,280 $1,410 1.016
12067 $720 $850 $1,050 $1,310 $1,450 1.045
12077 $770 $920 $1,130 $1,410 $1,560 1.126
12083 $570 $670 $830 $1,040 $1,140 0.827
12084 $840 $1,000 $1,230 $1,540 $1,700 1.227
12085 $560 $660 $810 $1,010 $1,120 0.809
12087 $700 $830 $1,020 $1,280 $1,410 1.016
12110 $790 $930 $1,150 $1,440 $1,590 1.141
12120 $840 $990 $1,220 $1,530 $1,680 1.210
12122 $530 $630 $770 $960 $1,060 0.766
12143 $620 $740 $910 $1,140 $1,250 0.909
12147 $700 $830 $1,020 $1,280 $1,410 1.016
12157 $660 $780 $960 $1,200 $1,320 0.957
12158 $730 $870 $1,070 $1,340 $1,470 1.068
12159 $770 $910 $1,120 $1,400 $1,540 1.109
12161 $700 $830 $1,020 $1,280 $1,410 1.016
12183 $680 $800 $990 $1,240 $1,360 0.981
12186 $690 $820 $1,010 $1,260 $1,390 1.006
12189 $650 $770 $950 $1,190 $1,310 0.940
12193 $700 $830 $1,020 $1,280 $1,410 1.016
12201 $700 $830 $1,020 $1,280 $1,410 1.016
12202 $580 $690 $850 $1,060 $1,170 0.849
12203 $710 $840 $1,040 $1,300 $1,430 1.033
12204 $710 $840 $1,030 $1,290 $1,420 1.022
12205 $780 $930 $1,140 $1,430 $1,570 1.136
12206 $670 $800 $980 $1,230 $1,350 0.976
12207 $480 $570 $700 $880 $960 0.693
12208 $750 $890 $1,100 $1,380 $1,520 1.096
12209 $670 $790 $970 $1,210 $1,340 0.961
12210 $600 $710 $870 $1,090 $1,200 0.866
12211 $1,030 $1,220 $1,500 $1,880 $2,070 1.490
12212 $700 $830 $1,020 $1,280 $1,410 1.016
12220 $700 $830 $1,020 $1,280 $1,410 1.016
12222 $700 $830 $1,020 $1,280 $1,410 1.016
12303 $640 $760 $940 $1,180 $1,300 0.937
12304 $670 $800 $980 $1,230 $1,350 0.973
12306 $670 $800 $980 $1,230 $1,350 0.972
12309 $730 $870 $1,070 $1,340 $1,470 1.068
12460 $700 $830 $1,020 $1,280 $1,410 1.016
12469 $680 $800 $990 $1,240 $1,360 0.986

* 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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