
Expensive
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These days, finding an affordable place to live in the East Albany area can be challenging. Home prices in East Albany are now at a median cost of $380,846, lower than the Albany average of $400,999.
The average cost of rent is $1,736/mo in East Albany, primarily driven by the current value of real estate in the East Albany area. In East Albany, 31.06% of households rent, and 25.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Albany is $7,194 per month. Households that rent pay about 24.14% of their income on rent here. East Albany’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Santiam, Albany, OR: less expensive homes
- Willamette, Albany, OR: equally priced homes
- Periwinkle, Albany, OR: equally priced homes
- North Albany, Albany, OR: higher priced homes
- South Albany, Albany, OR: less expensive homes
- South Corvallis Neighbors, Corvallis, OR: equally priced homes
- Southeast Mill Creek, Salem, OR: higher priced homes
- Grant, Salem, OR: equally priced homes
- Oak Park, Salem, OR: less expensive homes
- Santa Clara, Eugene, OR: higher priced homes
Neighborhoods with Similar Populations
- Arlington-East Falls, Arlington, VA: higher priced homes
- Rose Hill, Columbus, GA: less expensive homes
- Elyria Swansea, Denver, CO: equally priced homes
- Village 11, Sacramento, CA: higher priced homes
- Heller Park, Tulsa, OK: less expensive homes
- Croydon Park, Rockville, MD: equally priced homes
- Saint Francis Wood, San Francisco, CA: higher priced homes
- Jefferson Chalmers, Detroit, MI: less expensive homes
- Rolling Mill Hill, Wilkes-Barre, PA: less expensive homes
- Pulaski, Detroit, MI: less expensive homes
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