Example household · $83,730 · same pay · 1 adult

Albany

Housing in Albany, NY: Rent, Home Prices & Property Tax

$1,989 left/mo

$1,367/mo (1 bd) in Albany. Median home $268,400. Property tax 1.91%.

Rent (1-bedroom)
$1,367
/mo
Buy
$2,137
Mortgage, tax, insurance
Buying costs more
$770
/mo

To buy

  • 20% down payment$53,680
  • Mortgage at 7.24%$1,463
  • Property tax (1.91% of value)$427/mo · $5,126/yr
  • Insurance and upkeep$246
  • Monthly total$2,137

Months to 20% down

$1,989 left each month. About 27 months (2.3 years) to save $53,680.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

Moving from Albany

Take-home by job in Albany

Pay and leftover for every job in Albany

Other New York metros

All New York metros

Compare Albany

Next stepSafetyCrime, heat, and the commute.