The Most Affordable Neighborhoods in Vale and Eastern Avenue, Schenectady, NY by Home Value

 

Vale and Eastern Avenue, Schenectady, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Vale and Eastern Avenue area can be challenging. Home prices in Vale and Eastern Avenue are now at a median cost of $131,566, lower than the Schenectady average of $198,031.

The average cost of rent is $1,031/mo in Vale and Eastern Avenue, primarily driven by the current value of real estate in the Vale and Eastern Avenue area. While nearly 48.70% of residents own their homes outright in Vale and Eastern Avenue, 66.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Vale and Eastern Avenue is $3,377 per month. Households that rent pay about 30.51% of their income on rent here. Vale and Eastern Avenue's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.


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