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Affordable
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These days, finding an affordable place to live in the Pine Hills area can be challenging. Home prices in Pine Hills are now at a median cost of $240,293, lower than the Albany average of $292,893.
The average cost of rent is $1,254/mo in Pine Hills, primarily driven by the current value of real estate in the Pine Hills area. In Pine Hills, 77.62% of households rent, and 37.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pine Hills is $4,557 per month. Households that rent pay about 27.51% of their income on rent here. Pine Hills’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- New Scotland-Woodlawn, Albany, NY: equally priced homes
- West End, Albany, NY: less expensive homes
- Helderberg, Albany, NY: equally priced homes
- Central Ave, Albany, NY: higher priced homes
- West Hill, Albany, NY: less expensive homes
- Sheridan Hollow, Albany, NY: equally priced homes
- Center Square, Albany, NY: higher priced homes
- Buckingham Lake-Crestwood, Albany, NY: higher priced homes
- Delaware Avenue, Albany, NY: less expensive homes
- Arbor Hill, Albany, NY: less expensive homes
Neighborhoods with Similar Populations
- State Fair-Nolan, Highland Park, MI: less expensive homes
- East Little York-Homestead, Houston, TX: less expensive homes
- Spectrum, Irvine, CA: higher priced homes
- Springwells, Detroit, MI: less expensive homes
- East Cambridge, Cambridge, MA: higher priced homes
- St. Francis, Daly City, CA: higher priced homes
- St. Lucie West, Port St. Lucie, FL: higher priced homes
- Dumbo, Brooklyn, NY: higher priced homes
- Downtown Paterson, Paterson, NJ: higher priced homes
- Downtown Fullerton, Fullerton, CA: higher priced homes
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