US5.com
  1. Home
  2. States
  3. New York
  4. ZIP 12209
  5. Housing & Real Estate
Albany city, NY

ZIP 12209 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 12209

Median Home Value
$200,800
Median Rent
$972
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,290/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 12209 in Albany city, NY, a household would need roughly $55,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,290. That sits below the local median household income ($81,642), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
66.1%+1% vs US avg
x
Vacancy Rate
5.9%-42% vs US avg
x
Broadband Access
93.7%+8% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
9.0%-30% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
15.5%-69% vs US avg
x
Mortgage-Free
26.9%-30% vs US avg
x
$200,800
Home Value
$972
Rent
1938
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached51.5%
  • 1-unit attached2.4%
  • 2-9 units45.2%
  • 10+ units0.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$200,800
Median rent$972
Owner-occupied66.1%
Vacant5.9%
Price-to-income2.5x
Est. income to buy$55,000