Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the New Scotland-Woodlawn area can be challenging. Home prices in New Scotland-Woodlawn are now at a median cost of $256,640, lower than the Albany average of $292,893.
The average cost of rent is $1,421/mo in New Scotland-Woodlawn, primarily driven by the current value of real estate in the New Scotland-Woodlawn area. In New Scotland-Woodlawn, 55.84% of households rent, and 39.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Scotland-Woodlawn is $7,150 per month. Households that rent pay about 19.87% of their income on rent here. New Scotland-Woodlawn’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Helderberg, Albany, NY: equally priced homes
- Pine Hills, Albany, NY: equally priced homes
- Buckingham Lake-Crestwood, Albany, NY: higher priced homes
- West End, Albany, NY: less expensive homes
- Delaware Avenue, Albany, NY: less expensive homes
- Central Ave, Albany, NY: equally priced homes
- West Hill, Albany, NY: less expensive homes
- Center Square, Albany, NY: higher priced homes
- Sheridan Hollow, Albany, NY: less expensive homes
- Campus Area, Albany, NY: equally priced homes
Neighborhoods with Similar Populations
- Conant Gardens, Detroit, MI: less expensive homes
- Downtown Geneva, Geneva, OH: less expensive homes
- Downtown East, Minneapolis, MN: higher priced homes
- Downtown Conneaut, Conneaut, OH: less expensive homes
- Downtown Burlingame, Burlingame, CA: higher priced homes
- Downtown Ashland, Ashland, OH: less expensive homes
- Deercreek, Jacksonville, FL: higher priced homes
- Darkesville, Inwood, WV: equally priced homes
- Coquina Key, St. Petersburg, FL: higher priced homes
- Doylestown Historic District, Doylestown, PA: higher priced homes
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