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Albany, NY
Full City Profile · New York · Albany County County
3.4
/5.0
B
Good
100,081
Population
4,677/sq mi density
$59,485
Median Income
$35,851 per capita
$223,000
Home Value
$312,118 Zillow
$1,178
Median Rent
30.0% income on rent
52°F
Avg Temperature
256 sunny days/yr
757
Violent Crime/100K
3,002 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$59,485 median income, 5.3% unemployment
A+
Affordability
4.6 / 5.0
$223,000 home value, $1,178/mo rent
F
Safety
1.0 / 5.0
757 violent crimes/100K (99% above avg)
A+
Education
4.6 / 5.0
44.8% bachelor's degree or higher
Housing Overview
Median Home Value
$223,000
21% below
US avg: $281,900
Median Rent
$1,178/mo
1% above
US avg: $1,163/mo
Homeownership Rate
37.9%
42% below US avg (65.4%)
Total Housing Units
50,378
Median year built: 1948
Home Value by Source
Census Median
$223,000
Zillow (ZHVI)
$312,118
Median Sale Price
$265,000
Median List Price
$260,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
37.9%
Owner-Occupied
62.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,217/mo
1 Bedroom
$1,417/mo
2 Bedroom
$1,702/mo
3 Bedroom
$2,041/mo
4 Bedroom
$2,253/mo
Census median rent:
$1,178/mo
· Zillow rent:
$1,590/mo
Market Indicators (Redfin)
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
54
Price Drops
14.8%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
108
homes for sale
Affordability & Housing Stock
Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
37.9%
Complete Housing Data
Home Values
| Census Median Value | $223,000 |
| Zillow Home Value (ZHVI) | $312,118 |
| Median Sale Price | $265,000 |
| Median List Price | $260,000 |
| Price Per Sq Ft | $157 |
Rent
| Census Median Rent | $1,178 |
| Zillow Rent (ZORI) | $1,590 |
| FMR Studio | $1,217 |
| FMR 1-Bedroom | $1,417 |
| FMR 2-Bedroom | $1,702 |
| FMR 3-Bedroom | $2,041 |
| FMR 4-Bedroom | $2,253 |
Market
| Days on Market | 43 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.8% |
| Homes Sold | 54 |
| Active Inventory | 108 |
| Price Per Sq Ft | $157 |
Ownership & Stock
| Owner-Occupied | 37.9% |
| Renter-Occupied | 62.1% |
| Homeownership Rate | 37.9% |
| Total Housing Units | 50,378 |
| Median Year Built | 1948 |
| Rent Burden | 30.0% |