Section 8 Fair Market Rent (FMR) for ZIP 12052 - 2027

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

Investment Score for ZIP 12052

Monthly Rent (2BR)

$2,010

Median Price (2BR)

$278,525

1% Rule

0.72%

Annual Yield

8.66%

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	$1,450
1 Bedroom	$1,670
2 Bedrooms	$2,010
3 Bedrooms	$2,390
4 Bedrooms	$2,640
5 Bedrooms	$3,062
6 Bedrooms	$3,429
7 Bedrooms	$3,703
8 Bedrooms	$3,888

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	$2,010	$278,525	0.72%	D
3BR	$2,390	$319,531	0.75%	D
4BR	$2,640	$331,107	0.8%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,915

Median Household Income

$118,424

Housing Units

863

Renter Percentage

7.9%

Occupancy Rate

77.8%

Renter Occupied

Cropseyville, NY, located in ZIP code 12052, is a suburban community known for its quiet streets and close-knit neighborhoods. Nestled in the heart of Rensselaer County, it offers residents access to both rural tranquility and urban amenities. For real estate investors, particularly those interested in the Section 8 housing program, understanding the local rental market dynamics is crucial.

The Fair Market Rent (FMR) for ZIP 12052 as of fiscal year 2024 is set at $1410. This figure represents the maximum amount that can be charged for a Section 8 voucher, providing a benchmark for landlords participating in the program.
The Census Bureau's American Community Survey (ACS) reports the average market rent for the area at $1,178. This indicates that properties eligible for Section 8 vouchers may command rents above the local market average, offering a potential profit margin for landlords.
The median home value in Cropseyville is $287,949. This relatively low cost compared to neighboring areas makes it an attractive option for first-time homeowners and investors looking to acquire property at a lower price point.
Renters make up only 7.9% of the population, suggesting a smaller pool of potential tenants and a competitive market for rentals. However, this also implies a strong owner-occupied housing market, which could provide stability and demand for rental units.
The median income in the area is $118,424, indicating a higher-than-average economic status among residents. This can translate to a more reliable tenant base, with a greater likelihood of timely rent payments and lower risk of default.
Data on the number of days on market (DOM) is currently unavailable, but given the limited rental stock and high median income, it is reasonable to assume that rental units in Cropseyville are likely to be occupied quickly once they become available.

Investors considering entering the Cropseyville rental market should note the favorable conditions presented by the data. The higher FMR compared to the local market rent suggests potential profitability for those willing to participate in the Section 8 program. Additionally, the relatively low median home value and high median income indicate a stable economy with a good balance between affordability and financial security. Despite the small percentage of renters, the strong owner-occupied market can support a steady demand for rental properties, especially those that meet the criteria for government assistance programs. Overall, Cropseyville presents a promising opportunity for real estate investment, particularly for those focused on the Section 8 housing market.

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.