The Most Affordable Neighborhoods in Central Ave, Albany, NY by Home Value

 

Central Ave, Albany, NY Map of Most Affordable Neighborhoods
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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 $151,516, lower than the Albany average of $237,436.

The average cost of rent is $976/mo in Central Ave, primarily driven by the current value of real estate in the Central Ave area. While nearly 51.08% of residents own their homes outright in Central Ave, 86.32% rent.

Housing affordability isn’t just about home prices, though. The average household income in Central Ave is $3,333 per month. Households that rent pay about 29.28% of their income on rent here. Central Ave's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.


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