Land and home values in Albany, NY
Albany is a city in Albany County, New York, home to about 100,492 people. Residential land runs about $6.96 per sq ft, the typical home is worth about $275,000, and a 2-bedroom rents for about $1,740 a month, as of October 12, 2026.
Open on the satellite mapAsk us on WhatsAppValues in Albany
| Land: residential | $6.96 | per sq ft |
| Land: residential | $303,395 | per acre |
| Land: quarter-acre lot | $75,849 | 10,890 sq ft |
| Home: typical (median) | $275,000 | value |
| Home: entry-level | $240,000 | lower quartile |
| Home: upper-end | $388,000 | upper quartile |
| Build new | $179 | per sq ft, no land |
| Rent: 1-bedroom | $1,450 | per month |
| Rent: 2-bedroom | $1,740 | per month |
| Rent: 3-bedroom | $2,090 | per month |
| Rent: 4-bedroom | $2,320 | per month |
| Gross yield, 2-bed | 7.6% | a year |
ZIP codes
Questions people ask
How much is land worth in Albany, NY?
Residential land in Albany, NY is about $6.96 per square foot, or $303,395 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $75,849. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Albany, NY?
The typical (median) home in Albany, NY is worth about $275,000, with entry-level homes around $240,000 and upper-end homes around $388,000, as of October 2026.
How much is rent in Albany, NY?
A 2-bedroom rents for about $1,740 a month in Albany, NY, a 1-bedroom about $1,450 and a 3-bedroom about $2,090 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.