Property Prices in Albany, NY, United States

Index Info
Price to Income Ratio: 4.19
Mortgage as Percentage of Income: 36.93%
Loan Affordability Index: 2.71
Price to Rent Ratio - City Centre: 10.78
Price to Rent Ratio - Outside of Centre: 10.32
Gross Rental Yield (City Centre): 9.28%
Gross Rental Yield (Outside of Centre): 9.69%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,426.00 $ 900.00-2,500.00
1 Bedroom Apartment Outside of City Centre 1,280.00 $ 1,000.00-1,800.00
3 Bedroom Apartment in City Centre 2,900.00 $ 1,900.00-6,000.00
3 Bedroom Apartment Outside of City Centre 2,600.00 $ 1,800.00-3,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 329.80 $ 214.98-650.32
Price per Square Feet to Buy Apartment Outside of Centre 283.35 $ 214.98-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,939.94 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.32 6.19-6.80

These data are based on 71 entries from 24 contributors over the past 18 months.
Last update: 24 October 2025

Sources and References
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