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City

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City

ZIP codes

Albany, NY · 12232

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $85K, +2.6% YoY (county); renters hold 43.4% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

134,703

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 147,662

148Kunits

Occupied134,70391.2%

Vacant12,9598.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 134,703

135Koccupied

Owner76,21356.6%

Renter58,49043.4%

Renter Share

43.4%+0.3% YoY

Total Housing Units

147,662+0.5% YoY

FY2026 Fair Market Rent

CountyAlbany County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,217

/month

1 BR

$1,417

/month

2 BR

$1,702

/month

3 BR

$2,041

/month

4 BR

$2,253

/month

FMR trends · Albany County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.5% to 317,018: residents under 18 are down 0.5% and those 65 and over are up 2.6%.

Median Age

38.42024

Population

Albany County Population

319,964+0.6% YoY

Households

Total Households

134,703+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.21-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 317,018

317Kresidents

Under 1857,14518.0%

Adults 18–64202,27163.8%

65 & Over57,60218.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

57,145-0.5% YoY

Population 65 & Over

57,602+2.6% YoY

Median Age

38.40+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.4%

Moved (within US)12.8%

Other0.8%

Veterans

4.8%-4.0% YoY

County Economy

County median household income is $85K, 13.0% of residents are below the poverty level, 15.2% work from home.

Income

Median Household Income

$85K+2.6% YoY

Per-Capita Income

$48K+4.3% YoY

Mean Household Income

$112K+3.5% YoY

Poverty

Below Poverty Level

13.0%+0.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone66.7%

Public transit4.2%

Worked from home15.2%

Other13.9%

Worked From Home

15.2%+11.8% YoY

Mean Commute

21.40+0.5% YoY

Done with 12232? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Albany, NY · 12232

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $85K, +2.6% YoY (county); renters hold 43.4% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

134,703

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 147,662

148Kunits

Occupied134,70391.2%

Vacant12,9598.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 134,703

135Koccupied

Owner76,21356.6%

Renter58,49043.4%

Renter Share

43.4%+0.3% YoY

Total Housing Units

147,662+0.5% YoY

FY2026 Fair Market Rent

CountyAlbany County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,217

/month

1 BR

$1,417

/month

2 BR

$1,702

/month

3 BR

$2,041

/month

4 BR

$2,253

/month

FMR trends · Albany County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.5% to 317,018: residents under 18 are down 0.5% and those 65 and over are up 2.6%.

Median Age

38.42024

Population

Albany County Population

319,964+0.6% YoY

Households

Total Households

134,703+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.21-1.3% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 317,018

317Kresidents

Under 1857,14518.0%

Adults 18–64202,27163.8%

65 & Over57,60218.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

57,145-0.5% YoY

Population 65 & Over

57,602+2.6% YoY

Median Age

38.40+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.4%

Moved (within US)12.8%

Other0.8%

Veterans

4.8%-4.0% YoY

County Economy

County median household income is $85K, 13.0% of residents are below the poverty level, 15.2% work from home.

Income

Median Household Income

$85K+2.6% YoY

Per-Capita Income

$48K+4.3% YoY

Mean Household Income

$112K+3.5% YoY

Poverty

Below Poverty Level

13.0%+0.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone66.7%

Public transit4.2%

Worked from home15.2%

Other13.9%

Worked From Home

15.2%+11.8% YoY

Mean Commute

21.40+0.5% YoY

Done with 12232? Put it next to another market.