Housing market/New York/ZIP 12018

ACS 2023 · FY2027 SAFMR

ZIP 12018 Averill Park, New York

Albany-Schenectady-Troy, NY MSA · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
7,069
Households
2,836
Median HH income
$133,542
Renter share
16.3%
Median gross rent
$1,339
Vacancy
9.2%
Pop. change
-3.5%
2BR SAFMR
$1,990
SAFMR / rent
1.486×
2–49 unit stock
322
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 12018 · NY — sent to you.

ZIP 12018 · NY

ACS median rent$1,339
2BR SAFMR$1,990
90% floor$1,791
110% ceiling$2,189

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 12018

  • 1-unit detached2,67285.6%
  • 1-unit attached70.2%
  • 2–4 units2367.6%
  • 5–49 units862.8%
  • Mobile1223.9%
TypeUnitsShare
1-unit detached2,67285.6%
1-unit attached70.2%
2 units (duplex)1374.4%
3–4 units993.2%
5–9 units150.5%
10–19 units00.0%
20–49 units712.3%
50+ units00.0%
Mobile1223.9%

2–4 unit share 7.6% · 5–49 unit share 2.8% · combined 2–49 10.3%.

Units by bedrooms

Studio
0
1BR
196
2BR
781
3BR
1,409
4BR
599
5+
138

Rent burden

Rent ≥30% of income22.1%
Rent ≥50% of income13.6%
  • ACS median gross rent $1,339 (all bedrooms, occupied rentals).
  • Median contract rent $1,156.
  • Renters paying ≥30% of income 22.1%; ≥50% 13.6%.
  • FY2027 2BR SAFMR $1,990 (1.486× ACS median gross rent).

Population

7,069 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 159 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 12018 16.3% of occupied households are renters; vacancy is 9.2%; ACS median gross rent is $1,339; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 236 units in 2–4-unit structures and 86 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,990 versus ACS median gross rent of $1,339. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New York research

ZIP 12018 is a Census / HUD profile for Albany-Schenectady-Troy, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 12018?

ZIP 12018 (Albany-Schenectady-Troy, NY MSA) has 7,069 residents, 2,836 households, a renter share of 16.3%, median household income of $133,542, and ACS 2023 median gross rent of $1,339. Vacancy is 9.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 12018?

ACS counts 137 units in 2-unit buildings, 99 in 3–4 unit buildings, 15 in 5–9, 0 in 10–19, and 71 in 20–49. Combined 2–49 unit stock is 322 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 12018?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,990. See the full schedule and 90–110% payment-standard band on the ZIP 12018 — Averill Park, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 12018 is Census / HUD research for Albany-Schenectady-Troy, NY MSA. Jeff Crowe CRE does not list New York property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.