Albany's median gross rent is $1,216 and the median value of owner-occupied homes is $234,700 (U.S. Census Bureau, 2020–2024); 38.2% of housing units are owner-occupied. These are citywide figures, not asking prices. Real estate brokers and salespersons are searched through the Department of State's eAccessNY. This is general information, not financial or legal advice.
Real estate in Albany
Albany housing facts from the Census Bureau and how to verify agents and property records.
Albany housing at a glance
| Measure | Value | Period |
|---|---|---|
| Median gross rent | $1,216 | 2020–2024 |
| Median value of owner-occupied housing units | $234,700 | 2020–2024 |
| Owner-occupied housing unit rate | 38.2% | 2020–2024 |
| Median household income | $61,986 | 2020–2024 |
| Population estimate | 101,698 | July 1, 2025 |
Estimates from QuickFacts, not asking prices.
Renting or buying: what to weigh
- Time horizon and total cost.
- Area fit: see the neighborhoods guide.
- Moving deadlines: see moving to Albany.
Check a license: New York Department of State licensee search.
Your options
Renting, buying and where.
Frequently asked questions
Is it better to rent or buy?
It depends on your timeline and finances; 38.2% of units are owner-occupied. We cannot give personalized advice.
What is the median rent?
$1,216 per month (gross rent, 2020–2024, Census Bureau).
How do I check a real estate agent?
Real estate licenses are searched through the Department of State's eAccessNY.
Sources
Facts on this page were read from the sources below on October 16, 2026. Hours, fares, prices and event dates change — confirm with the source before you travel. How we research and update.
- QuickFacts: Albany city, New York — U.S. Census Bureau
- Licensee Name Search — New York Department of State
- Moving to or from New York State — New York State Department of Motor Vehicles
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