Albany Fair Market Rent 2026
HUD Fair Market Rent data for the Albany metropolitan area. Median household income: $39,279/year. Vacancy rate: 6.5%.
2BR FMR
$577/mo
Median Income
$39,279
Vacancy Rate
6.5%
Rent Burden
17.6%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $39,279/year can afford up to $982/mo in rent.
The 2BR FMR of $577/mo represents 17.6% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 6.5% in Albany indicates a moderate rental market. A balanced market with reasonable availability for renters.
Frequently Asked Questions
What is the average rent in Albany?
The 2026 HUD FMR for a 2-bedroom in the Albany metro area is $577/month. 1BR: $488, 3BR: $748.
What is the vacancy rate in Albany?
The rental vacancy rate in Albany is 6.5%. A rate below 5% typically indicates a tight rental market.
Is Albany affordable for renters?
With a median income of $39,279 and 2BR rent at $577/mo, rent takes about 18% of income in Albany.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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