Albany-Schenectady-Troy, NY MSA · FY2026 area median income $123,100 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $431 | $646 | $862 | $1,077 | $1,293 | $1,508 | $1,724 |
| 1BR | $461 | $692 | $923 | $1,154 | $1,385 | $1,616 | $1,847 |
| 2BR | $554 | $831 | $1,108 | $1,385 | $1,662 | $1,939 | $2,216 |
| 3BR | $640 | $960 | $1,280 | $1,600 | $1,920 | $2,240 | $2,561 |
| 4BR | $714 | $1,071 | $1,428 | $1,785 | $2,142 | $2,499 | $2,856 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $25,860 | $43,100 | $51,720 | $68,960 |
| 2 persons | $29,550 | $49,250 | $59,100 | $78,800 |
| 3 persons | $33,240 | $55,400 | $66,480 | $88,640 |
| 4 persons | $36,930 | $61,550 | $73,860 | $98,480 |
| 5 persons | $39,900 | $66,500 | $79,800 | $106,400 |
| 6 persons | $42,840 | $71,400 | $85,680 | $114,240 |
| 7 persons | $45,810 | $76,350 | $91,620 | $122,160 |
| 8 persons | $48,750 | $81,250 | $97,500 | $130,000 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Schoharie County to see the sources and uses, bond test, DSCR, and funding gap using these rents.