Section 8 Fair Market Rent (FMR) for ZIP 12025 - 2027

Location: Fulton County, NY | Metro: Albany-Schenectady-Troy, NY MSA

Investment Score for ZIP 12025

Monthly Rent (2BR)

$1,540

Median Price (2BR)

$269,028

1% Rule

0.57%

Annual Yield

6.87%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,100
1 Bedroom	$1,280
2 Bedrooms	$1,540
3 Bedrooms	$1,840
4 Bedrooms	$2,030
5 Bedrooms	$2,355
6 Bedrooms	$2,638
7 Bedrooms	$2,849
8 Bedrooms	$2,991

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,540	$269,028	0.57%	F
3BR	$1,840	$328,087	0.56%	F
4BR	$2,030	$388,113	0.52%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

5,244

Median Household Income

$74,352

Housing Units

3,063

Renter Percentage

17.8%

Occupancy Rate

77.0%

Renter Occupied

419

Broadalbin, located in the zip code 12025 of New York, is a small town that offers a mix of rural charm and access to urban amenities. This area is particularly interesting for real estate investors looking to capitalize on affordable housing options and rental properties.

The Fair Market Rent (FMR) for a two-bedroom apartment in Broadalbin for fiscal year 2024 is set at $1190, indicating a stable demand for affordable housing units.
The average market rent, as reported by the Census American Community Survey (ACS), stands at $904 for a typical rental unit, suggesting that there is room for price increases without alienating tenants.
The median home value in Broadalbin is $288,494, which is relatively low compared to other areas in New York State, making it an attractive option for both first-time buyers and rental investments.
Renters make up 17.8% of the population, showing a moderate but steady demand for rental properties. This percentage suggests a balance between homeowners and renters, which can be beneficial for diversifying investment portfolios.
While the exact number of days on the market (DOM) is not available, the combination of moderate rental rates and lower home values indicates that properties could be quickly rented out or sold.
The median household income in Broadalbin is $74,352, which is sufficient to support rental payments at the FMR level and beyond, ensuring a reliable tenant base.

In summary, Broadalbin presents a balanced market for real estate investment. With a reasonable median home value and a fair market rent that slightly exceeds the actual market rent, there is potential for increasing rental prices while still attracting tenants. The moderate share of renters and adequate median income levels suggest a stable and predictable environment for generating rental income. However, the lack of specific days on the market data means that further local research might be necessary to fully understand the speed of property turnover in the area.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.