Affordable
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These days, finding an affordable place to live in the Albany County area can be challenging. Home prices in Albany County are now at a median cost of $291,130, lower than the New York average of $610,895.
The average cost of rent is $1,421/mo in Albany County, primarily driven by the current value of real estate in the Albany County area. In Albany County, 43.42% of households rent, and 41.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albany County is $7,987 per month. Households that rent pay about 17.79% of their income on rent here. Albany County’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Rensselaer County, NY: less expensive homes
- Schoharie County, NY: less expensive homes
- Otsego County, NY: less expensive homes
- Franklin County, MA: higher priced homes
- Cortland County, NY: less expensive homes
- Essex County, MA: higher priced homes
- Yates County, NY: less expensive homes
- Livingston County, NY: less expensive homes
- Wyoming County, NY: less expensive homes
- Macomb County, MI: less expensive homes
Counties with Similar Populations
- Santa Cruz County, CA: higher priced homes
- Anoka County, MN: higher priced homes
- San Luis Obispo County, CA: higher priced homes
- Weber County, UT: higher priced homes
- Merced County, CA: higher priced homes
- Horry County, SC: equally priced homes
- Erie County, PA: less expensive homes
- Marin County, CA: higher priced homes
- Davis County, UT: higher priced homes
- Yolo County, CA: higher priced homes
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