Property Prices in Albany, NY, United States

Index Info
Price to Income Ratio: 4.05
Mortgage as Percentage of Income: 36.22%
Loan Affordability Index: 2.76
Price to Rent Ratio - City Centre: 12.19
Price to Rent Ratio - Outside of Centre: 10.64
Gross Rental Yield (City Centre): 8.20%
Gross Rental Yield (Outside of Centre): 9.39%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,407.50 $ 900.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,391.25 $ 1,000.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,733.33 $ 1,800.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,466.67 $ 1,300.00-3,300.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 360.09 $ 214.98-650.32
Price per Square Feet to Buy Apartment Outside of Centre 298.15 $ 214.98-464.51
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,368.40 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.19-6.80

These data are based on 55 entries in the past 18 months from 21 different contributors.
Last update: March 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far