See all rent data for Albany, NY →
Fair Market Rent in 12082 — Albany, NY
The typical 1-bedroom rent in 12082 (Albany, NY) is $1,545/month as of 2026, based on 2 data sources. Rents have risen 19.1% year over year, so an increase above 19.1% exceeds the local market trend. Studio: $1,340. 2-bedroom: $1,880.
Rents in Albany have grown approximately +19.1% (HUD estimate) over the past year based on HUD Fair Market Rent. A rent increase above 19.1% is above the local market trend.
Estimated Rent · 1-Bedroom
$1,545/mo
Source: HUD Estimated Rent
Data through
Based on federal benchmarks and 1 additional market source.
The HUD Fair Market Rent for a 1-bedroom in 12082 (Albany, NY) is $1,560 for FY2026.
Rents in 12082 have increased 19.1% year-over-year based on HUD Fair Market Rent.
The confidence level for this estimate is moderate based on 2 data sources.
Based on HUD Fair Market Rent, a fair rent increase in Albany (12082) is approximately 19.1% for 2026. The typical 1-bedroom rent is $1,545/month. Any increase significantly above 19.1% exceeds the local market trend and may be worth negotiating.
Sources: HUD Fair Market Rent, HUD SAFMR FY2026, Rentcast. Updated October 2025.
Market trend data is limited for this area. The analysis below uses federal rent benchmarks.
What Should Rent Cost in 12082 (Albany)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 12082 (Albany) typically rents for $1,340 – $1,541.
Rents above $1,772 are in the top 25% for this area.
A 1-bedroom in 12082 (Albany) typically rents for $1,560 – $1,794.
Rents above $2,063 are in the top 25% for this area.
A 2-bedroom in 12082 (Albany) typically rents for $1,880 – $2,162.
Rents above $2,486 are in the top 25% for this area.
A 3-bedroom in 12082 (Albany) typically rents for $2,250 – $2,588.
Rents above $2,976 are in the top 25% for this area.
A 4-bedroom in 12082 (Albany) typically rents for $2,490 – $2,864.
Rents above $3,294 are in the top 25% for this area.
Current Asking Rents in 12082
What are apartments actually renting for near 12082? Click below to see live asking rents from current listings.
Live market data · Updated daily
Rent Increase Laws in New York →
▶Full market data
Federal Rent Benchmarks for 12082
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Albany-Schenectady-Troy, NY MSA area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $1,340 | $1,328 |
| 1-Bedroom | $1,560 | $1,545 |
| 2-Bedroom | $1,880 | $1,856 |
| 3-Bedroom | $2,250 | $2,225 |
| 4-Bedroom | $2,490 | $2,457 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 12082
What is the average 1-bedroom rent in 12082?
The typical 1-bedroom rent in 12082 (Albany, NY) is $1,545/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $1,340 and 2-bedroom rent at $1,880.
What is a fair rent increase in 12082?
A rent increase up to about 19.1% is in line with the recent local market trend in 12082. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 12082?
Rents in 12082 have risen 19.1% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 12082?
On this page, studio rent in 12082 is $1,340/month and 2-bedroom rent is $1,880/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
Renting in Albany, NY? Your rent could be building your credit.
Report your monthly rent payments to all 3 credit bureaus — the same ones your next landlord will check. Takes 2 minutes to set up.
RenewalReply may earn a commission at no cost to you. Learn more
Renters insurance from $5/mo
Protect your belongings from theft, fire, and water damage. Takes 2 minutes and most landlords require it.
RenewalReply may earn a commission at no cost to you. Learn more
Renter Tools
Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 12082 ($1,560/mo) — useful for comparing what your rent gets you in other markets.
Other Zip Codes in Albany, NY
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →