Housing market/New York/ZIP 12061

ACS 2023 · FY2027 SAFMR

ZIP 12061 East Greenbush, 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
9,778
Households
3,984
Median HH income
$117,083
Renter share
23.2%
Median gross rent
$1,741
Vacancy
3.9%
Pop. change
+4.9%
2BR SAFMR
$2,320
SAFMR / rent
1.333×
2–49 unit stock
796
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 12061 · NY — sent to you.

ZIP 12061 · NY

ACS median rent$1,741
2BR SAFMR$2,320
90% floor$2,088
110% ceiling$2,552

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

Housing stock

ACS 2023 units-in-structure · ZCTA 12061

  • 1-unit detached2,78867.3%
  • 1-unit attached3949.5%
  • 2–4 units1814.4%
  • 5–49 units61514.8%
  • 50+ units1353.3%
  • Mobile310.7%
TypeUnitsShare
1-unit detached2,78867.3%
1-unit attached3949.5%
2 units (duplex)561.4%
3–4 units1253.0%
5–9 units42410.2%
10–19 units1072.6%
20–49 units842.0%
50+ units1353.3%
Mobile310.7%

2–4 unit share 4.4% · 5–49 unit share 14.8% · combined 2–49 19.2%.

Units by bedrooms

Studio
0
1BR
176
2BR
1,138
3BR
1,419
4BR
1,250
5+
161

Rent burden

Rent ≥30% of income52.0%
Rent ≥50% of income26.5%
  • ACS median gross rent $1,741 (all bedrooms, occupied rentals).
  • Median contract rent $1,538.
  • Renters paying ≥30% of income 52.0%; ≥50% 26.5%.
  • FY2027 2BR SAFMR $2,320 (1.333× ACS median gross rent).

Population

9,778 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.9%.

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 12061 23.2% of occupied households are renters; vacancy is 3.9%; ACS median gross rent is $1,741; population increased +4.9% between the 2018 and 2023 ACS vintages; the housing stock includes 181 units in 2–4-unit structures and 615 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,320 versus ACS median gross rent of $1,741. 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 12061 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 12061?

ZIP 12061 (Albany-Schenectady-Troy, NY MSA) has 9,778 residents, 3,984 households, a renter share of 23.2%, median household income of $117,083, and ACS 2023 median gross rent of $1,741. Vacancy is 3.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 12061?

ACS counts 56 units in 2-unit buildings, 125 in 3–4 unit buildings, 424 in 5–9, 107 in 10–19, and 84 in 20–49. Combined 2–49 unit stock is 796 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 12061?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,320. See the full schedule and 90–110% payment-standard band on the ZIP 12061 — East Greenbush, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 12061 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.