Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Schenectady area can be challenging. Home prices in Schenectady are now at a median cost of $198,031, lower than the New York average of $481,023.
The average cost of rent is $1,161/mo in Schenectady, primarily driven by the current value of real estate in the Schenectady area. While nearly 37.73% of residents own their homes outright in Schenectady, 34.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Schenectady is $7,028 per month. Households that rent pay about 16.52% of their income on rent here. Schenectady's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Rotterdam, NY: less expensive homes
- Scotia, NY: less expensive homes
- Alplaus, NY: higher priced homes
- Wyatts, NY: higher priced homes
- East Glenville, NY: higher priced homes
- Rexford, NY: higher priced homes
- Dunnsville, NY: higher priced homes
- Colonie, NY: higher priced homes
- Guilderland, NY: higher priced homes
- Guilderland Center, NY: higher priced homes
Cities with Similar Populations
- The Woodlands, TX: higher priced homes
- Tulare, CA: higher priced homes
- Troy, NY: equally priced homes
- Tonawanda, NY: less expensive homes
- Toms River, NJ: higher priced homes
- Town 'n' Country, FL: higher priced homes
- Torrance, CA: higher priced homes
- Turlock, CA: higher priced homes
- Troy, MI: higher priced homes
- Tracy, CA: higher priced homes
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