The Most Affordable Neighborhoods in Buckingham Lake-Crestwood, Albany, NY by Home Value

 

Buckingham Lake-Crestwood, Albany, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Buckingham Lake-Crestwood area can be challenging. Home prices in Buckingham Lake-Crestwood are now at a median cost of $292,060, lower than the Albany average of $292,893.

The average cost of rent is $1,247/mo in Buckingham Lake-Crestwood, primarily driven by the current value of real estate in the Buckingham Lake-Crestwood area. In Buckingham Lake-Crestwood, 22.52% of households rent, and 42.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Buckingham Lake-Crestwood is $8,690 per month. Households that rent pay about 14.35% of their income on rent here. Buckingham Lake-Crestwood’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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