Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Albany area can be challenging. Home prices in Albany are now at a median cost of $186,084, lower than the Vermont average of $260,894.
The average cost of rent is $660/mo in Albany, primarily driven by the current value of real estate in the Albany area. While nearly 38.00% of residents own their homes outright in Albany, 8.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albany is $4,830 per month. Households that rent pay about 13.67% of their income on rent here. Albany's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- East Albany, VT: equally priced homes
- Craftsbury Common, VT: higher priced homes
- West Glover, VT: equally priced homes
- Irasburg, VT: equally priced homes
- Lowell, VT: less expensive homes
- Craftsbury, VT: higher priced homes
- East Craftsbury, VT: higher priced homes
- Eden Mills, VT: less expensive homes
- Glover, VT: equally priced homes
- Barton, VT: less expensive homes
Cities with Similar Populations
- Lone Star, LA: less expensive homes
- Westbrookville, NY: higher priced homes
- Harrodsburg, IN: higher priced homes
- Warnock, KY: less expensive homes
- Nutria, CO: higher priced homes
- Miami, TX: less expensive homes
- Valle, AZ: higher priced homes
- Inverness, CA: higher priced homes
- Red Cliff, WI: less expensive homes
- Verona, IL: equally priced homes
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