Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Albany city, New York?
City · Census ACS 5-Year estimates
The median home value in Albany city, New York is $234,700 (±$6,884), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,216/month, and the median household income is $61,986/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Albany city, New York
| Metric | Value |
|---|---|
| Median Home Value | $234,700 |
| Median Gross Rent | $1,216 |
| Median Household Income | $61,986 |
| Total Housing Units | 44,357 |
| Renter-Occupied Units | 27,413 |
| Renter-Occupied Share | 62% |
How does Albany city, New York compare?
Median home value ranked against all cities in New York.
Higher home value than 49% of cities in New York · 634th of 1232
| # | City | Value |
|---|---|---|
| 1 | Tuxedo Park village | $2,000,001 |
| 1 | Sands Point village | $2,000,001 |
| 1 | Water Mill CDP | $2,000,001 |
| … 630 more … | ||
| 634 | Albany city(you are here) | $234,700 |
| … 595 more … | ||
| 1230 | Machias CDP | $49,600 |
| 1231 | Lyon Mountain CDP | $45,800 |
| 1232 | Erin CDP | $45,700 |
More data for Albany city, New York
Frequently asked questions
What is the median home value in Albany city, New York?
The median home value in Albany city, New York is $234,700, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Albany city, New York?
The median gross rent in Albany city, New York is $1,216/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Albany city, New York?
The median household income in Albany city, New York is $61,986/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $234,700 has a margin of error of ±$6,884. In very small areas, MOEs can be large relative to the estimate.
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