HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Saratoga County, New York (FY 2027)
A two-bedroom in Saratoga County carries a FY 2027 Fair Market Rent of $1,711 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Saratoga keys off that figure.
Two-bedroom FMR
$1,711
+0.5% from FY 2026
Payment standard
$1,540–$1,882
90% to 110% of the FMR, two-bedroom
Income to afford
$68,440
a year, with rent at 30% of income
Rank in New York
16th of 62
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,238 | $1,114–$1,362 | $49,520 | $23.81/hr | +1.7% |
| 1 bedroom | $1,425 | $1,283–$1,568 | $57,000 | $27.40/hr | +0.6% |
| 2 bedroom | $1,711 | $1,540–$1,882 | $68,440 | $32.90/hr | +0.5% |
| 3 bedroom | $2,039 | $1,835–$2,243 | $81,560 | $39.21/hr | -0.1% |
| 4 bedroom | $2,249 | $2,024–$2,474 | $89,960 | $43.25/hr | -0.2% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,586 | $2,327–$2,845 |
| 6 bedroom Estimate | $2,924 | $2,632–$3,216 |
| 7 bedroom Estimate | $3,261 | $2,935–$3,587 |
| 8 bedroom Estimate | $3,598 | $3,238–$3,958 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Saratoga actually rent for?
Search any address in Saratoga for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Saratoga somewhere between $1,540 and $1,882. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,711 a month is affordable, by HUD's 30% rule, on an income of roughly $68,440 a year. Put another way, $33 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,540 | Voucher pays at 100%$1,711 | Voucher pays at 110%$1,882 |
|---|---|---|---|---|
| $2,500 | $750 | $790 | $961 | $1,132 |
| $4,000 | $1,200 | $340 | $511 | $682 |
Rate history
The two-bedroom rate went up 1% from FY 2026 ($1,702) to FY 2027 ($1,711). Since FY 2020 it's up 62% in total, about 7.2% a year. The New York median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $747 | $855 | $1,054 | $1,313 | $1,428 | — |
| FY 2021 | $809 | $912 | $1,117 | $1,389 | $1,515 | +6.0% |
| FY 2022 | $890 | $991 | $1,207 | $1,492 | $1,637 | +8.1% |
| FY 2023 | $968 | $1,079 | $1,313 | $1,598 | $1,764 | +8.8% |
| FY 2024 | $1,011 | $1,131 | $1,374 | $1,661 | $1,830 | +4.6% |
| FY 2025 | $1,074 | $1,230 | $1,487 | $1,792 | $1,971 | +8.2% |
| FY 2026 | $1,217 | $1,417 | $1,702 | $2,041 | $2,253 | +14.5% |
| FY 2027In effect | $1,238 | $1,425 | $1,711 | $2,039 | $2,249 | +0.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Saratoga, that runs from $1,238 for a studio up to $2,249 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Saratoga in with 4 other counties in the Albany-Schenectady-Troy metro, Albany County, Schenectady County, Rensselaer County among them, and every one of them gets $1,711 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among New York's 62 counties, Saratoga ranks 16th for two-bedroom FMR. That's about 24% above the state median of $1,385 and about 61% above the national median county at $1,063. About 238,284 people live here, 16th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,540 in 12148 (Rexford) and $2,330 in 12866 (Saratoga Springs), with the 21 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 12019 | Ballston Lake | $1,650 | -3.6% |
| 12020 | Ballston Spa | $2,110 | +23.3% |
| 12027 | Burnt Hills | $1,780 | +4.0% |
| 12065 | Clifton Park | $1,890 | +10.5% |
| 12074 | Galway | $2,010 | +17.5% |
| 12118 | Mechanicville | $1,560 | -8.8% |
| 12148 | Rexford | $1,540 | -10.0% |
| 12151 | Round Lake | $2,230 | +30.3% |
| 12170 | Stillwater | $1,740 | +1.7% |
| 12188 | Waterford | $1,650 | -3.6% |
| 12803 | South Glens Falls | $1,590 | -7.1% |
| 12822 | Corinth | $1,540 | -10.0% |
| 12831 | Gansevoort | $1,750 | +2.3% |
| 12833 | Greenfield Center | $1,660 | -3.0% |
| 12835 | Hadley | $1,540 | -10.0% |
| 12850 | Middle Grove | $1,540 | -10.0% |
| 12859 | Porter Corners | $1,840 | +7.5% |
| 12863 | Rock City Falls | $1,540 | -10.0% |
| 12866 | Saratoga Springs | $2,330 | +36.2% |
| 12871 | Schuylerville | $1,540 | -10.0% |
| 12884 | Victory Mills | $1,540 | -10.0% |
Counties sharing the Albany-Schenectady-Troy metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,711 two-bedroom figure as Saratoga.
Nearby counties
Two-bedroom FMR, with how each compares to Saratoga.
Schenectady County
19 mi · 160,369 people
$1,711
same rate
Rensselaer County
27 mi · 160,332 people
$1,711
same rate
Albany County
28 mi · 317,018 people
$1,711
same rate
Washington County
28 mi · 60,522 people
$1,347
-21%
Fulton County
29 mi · 52,487 people
$1,051
-39%
Montgomery County
32 mi · 49,528 people
$1,111
-35%
Warren County
36 mi · 65,517 people
$1,347
-21%
Schoharie County
44 mi · 30,049 people
$1,711
same rate
Questions people ask
$1,711 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,238 for a studio, $1,425 for one bedroom, $2,039 for three and $2,249 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Saratoga actually go for?
HUD's number is one input. Search any address in Saratoga for a rent estimate built from nearby comps. Free to start, no card.
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