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These days, finding an affordable place to live in the North Albany area can be challenging. Home prices in North Albany are now at a median cost of $527,969, higher than the Albany average of $400,999.
The average cost of rent is $2,253/mo in North Albany, primarily driven by the current value of real estate in the North Albany area. In North Albany, 21.77% of households rent, and 34.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Albany is $8,871 per month. Households that rent pay about 25.40% of their income on rent here. North Albany’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Willamette, Albany, OR: less expensive homes
- Santiam, Albany, OR: less expensive homes
- Periwinkle, Albany, OR: less expensive homes
- East Albany, Albany, OR: less expensive homes
- South Albany, Albany, OR: less expensive homes
- South Corvallis Neighbors, Corvallis, OR: less expensive homes
- Southeast Mill Creek, Salem, OR: equally priced homes
- Grant, Salem, OR: less expensive homes
- Oak Park, Salem, OR: less expensive homes
- Santa Clara, Eugene, OR: less expensive homes
Neighborhoods with Similar Populations
- Bay Colony, League City, TX: less expensive homes
- Columbia Heights, San Antonio, TX: less expensive homes
- Century Village West, Boca Raton, FL: less expensive homes
- Oak Park, Overland Park, KS: less expensive homes
- New Tampa, Tampa, FL: equally priced homes
- North Alameda, Lakewood, CO: equally priced homes
- North Division, Milwaukee, WI: less expensive homes
- North Springfield, Springfield, VA: higher priced homes
- Northgate, College Station, TX: less expensive homes
- Northpoint, Milwaukee, WI: less expensive homes
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