Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Central Ave area can be challenging. Home prices in Central Ave are now at a median cost of $272,650, lower than the Albany average of $292,893.
The average cost of rent is $1,176/mo in Central Ave, primarily driven by the current value of real estate in the Central Ave area. In Central Ave, 90.74% of households rent, and 72.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Ave is $4,238 per month. Households that rent pay about 27.75% of their income on rent here. Central Ave’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Sheridan Hollow, Albany, NY: less expensive homes
- Center Square, Albany, NY: higher priced homes
- West Hill, Albany, NY: less expensive homes
- Arbor Hill, Albany, NY: less expensive homes
- Pine Hills, Albany, NY: less expensive homes
- West End, Albany, NY: less expensive homes
- South End, Albany, NY: less expensive homes
- Delaware Avenue, Albany, NY: less expensive homes
- Helderberg, Albany, NY: equally priced homes
- New Scotland-Woodlawn, Albany, NY: equally priced homes
Neighborhoods with Similar Populations
- Eastmorland, Madison, WI: equally priced homes
- Northgate Area, Walnut Creek, CA: higher priced homes
- North River Shores, Stuart, FL: higher priced homes
- North Lauderdale Estates, North Lauderdale, FL: less expensive homes
- North Growth Area, Fresno, CA: higher priced homes
- Hidden Hills, Jacksonville, FL: higher priced homes
- Heron Bay, San Leandro, CA: higher priced homes
- Hembstead, Charlotte, NC: higher priced homes
- Hawk's Landing, Verona, WI: higher priced homes
- Hackensack Riverfront, Jersey City, NJ: higher priced homes
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