Property Prices in Albany, NY, United States

Index Info
Price to Income Ratio: 2.23
Mortgage as Percentange of Income: 16.78%
Loan Affordability Index: 5.96
Price to Rent Ratio - City Centre: 7.01
Price to Rent Ratio - Outside of Centre: 6.36
Gross Rental Yield (City Centre): 14.26%
Gross Rental Yield (Outside of Centre): 15.72%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,061.36 $ 800.00-1,200.00
Apartment (1 bedroom) Outside of Centre 887.50 $ 600.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,637.50 $ 1,400.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,325.00 $ 1,200.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 141.17 $ 130.00-141.67
Price per Square Feet to Buy Apartment Outside of Centre 105.63 $ 98.00-115.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,972.29 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.37 4.00-4.60

These data are based on 84 entries in the past 18 months from 24 different contributors.
Last update: October 2019

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