Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Menands area can be challenging. Home prices in Menands are now at a median cost of $331,463, lower than the New York average of $481,023.
The average cost of rent is $1,315/mo in Menands, primarily driven by the current value of real estate in the Menands area. While nearly 40.68% of residents own their homes outright in Menands, 61.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Menands is $7,021 per month. Households that rent pay about 18.72% of their income on rent here. Menands's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Albany, NY: less expensive homes
- Watervliet, NY: less expensive homes
- Rensselaer, NY: less expensive homes
- Latham, NY: less expensive homes
- Green Island, NY: less expensive homes
- Wynantskill, NY: less expensive homes
- Troy, NY: less expensive homes
- Colonie, NY: less expensive homes
- Prospect Heights, NY: less expensive homes
- Cohoes, NY: less expensive homes
Cities with Similar Populations
- Catharpin, VA: higher priced homes
- Christiana, PA: less expensive homes
- Clifton, AZ: less expensive homes
- Dundee, OR: higher priced homes
- Reddick, FL: less expensive homes
- Center Point, TX: less expensive homes
- Spindale, NC: less expensive homes
- Saltville, VA: less expensive homes
- Bell Buckle, TN: less expensive homes
- West Wendover, NV: less expensive homes
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