US5.com
  1. Home
  2. States
  3. New York
  4. ZIP 12304
  5. Housing & Real Estate
Schenectady city, NY

ZIP 12304 — 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 12304

Median Home Value
$171,500
Median Rent
$908
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,102/mo PITI).

16%
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.

15.7 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 12304 in Schenectady city, NY, a household would need roughly $47,000 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 $1,102. That sits below the local median household income ($67,688), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.6%-9% vs US avg
x
Vacancy Rate
2.4%-77% vs US avg
x
Broadband Access
83.8%-4% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
9.0%-30% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
31.6%-36% vs US avg
x
Mortgage-Free
34.7%-9% vs US avg
x
$171,500
Home Value
$908
Rent
1955
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached60.6%
  • 1-unit attached2.9%
  • 2-9 units26.8%
  • 10+ units8.1%
  • Mobile home & other1.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$171,500
Median rent$908
Owner-occupied59.6%
Vacant2.4%
Price-to-income2.5x
Est. income to buy$47,000