Home/New York/Albany County

Albany County Housing Market

New York · 62 counties · Ranked #2536 in home value

Below National Avg

Housing at a Glance

Median Home Value

$277,400

vs national$277,400 vs $281,900 national

Median Gross Rent

$1,252/mo

vs national+$1,252 vs $1,163 national

Effective Tax Rate

1.89%

vs national+1.89% vs 1.02% national

Median Household Income

$83,149

vs national+$83,149 vs $74,755 national

Affordability Ratio

3.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$5,253

Tax as % of Home Value

1.89%

Monthly Owner Cost

$1,483

Renter Income

$53,882

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$788+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Albany County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Albany County?

The median home value in Albany County is $277,400. This is below the national median of $281,900.

How much is rent in Albany County?

The median gross rent in Albany County is $1,252 per month.

What is the property tax rate in Albany County?

The effective property tax rate in Albany County is 1.89%. The median annual property tax bill is $5,253.

Is Albany County affordable?

With a home-value-to-income ratio of 3.3x, Albany County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.