Albany, NY Real Estate
According to census data in the year 2000 there were 45,288 housing units in Albany.
This represents a 2% decline from 46,199 in 1990.
Of those housing units, 45,288 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Albany is about 37.6%.
Albany's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Albany were built after 1941.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.33|
|Median year structure was built||1939|
|Median Value of occupied units||$98,300|
|Median Price asked for vacant units||$79,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.97|
|Median year structure was built||1942|
|Median Monthly Rent asked for vacant units||$469|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||6.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|