Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions

Albany, NY

(Albany-Schenectady-Troy, NY)
Capital city, diverse economy, strong government and education sectors, historic properties, revitalization efforts, cultural attractions.
×
 

Build Your Team

Top Investor-Friendly Experts in Albany, NY

Lender
Property Manager
Tax Professional
Accountant

Key Stats

Median Rental Income
$285,900
Median Home Price
Rent to Price Ratio
Affordability

About

Albany, the capital of New York State, offers a robust market for real estate investors. Known for its rich history and architectural heritage, Albany has a diverse economy driven by government, education, healthcare, and technology sectors. The presence of major institutions like the State University of New York (SUNY) and Albany Medical Center ensures a constant demand for housing. Albany's ongoing urban revitalization projects, including new residential and commercial developments, have increased its attractiveness to investors. The city’s strategic location along the Hudson River and its well-connected transportation network provide additional advantages. Real estate opportunities range from historic property renovations to modern apartment complexes.

Growth Stats

6.52%
Appreciation
4.07%
YoY Rent Growth
Population Growth Rate

Macro Stats

Population
Unemployment Rate
Median Household Income

Build Your Team

Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.
Real Estate Agents
Match with investor-friendly agents who can help you find, analyze, and close your next deal
Interested in becoming a featured agent? Apply Now
Lenders
Get the best funding…find lenders who specialize in your investing strategy
Interested in becoming a featured lender? Apply Now
Property Managers
Transition to passive investing. Find a trusted property management partnership that lasts.
Interested in becoming a featured property manager? Apply Now
Tax Professionals and Accountants
Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and analyze finances.
Interested in becoming a featured tax pro? Apply Now

Location

Browse by Market

Hammond, LA Niles, MI Akron, OH San Diego, CA Albuquerque, NM Allentown, PA Sandusky, OH San Luis Obispo, CA Sumter, SC Alexandria, LA Asheville, NC Gainesville, GA Syracuse, NY Austin, TX Gettysburg, PA North Port, FL Norwich, CT Ocala, FL Tallahassee, FL Beaumont, TX Beckley, WV Bend, OR Lewiston, ME Lewiston, ID Lexington, KY Goldsboro, NC Boston, MA Boulder, CO Bowling Green, KY Grand Island, NE Grand Junction, CO Grand Rapids, MI Brunswick, GA Greeley, CO Green Bay, WI Chambersburg, PA Greensboro, NC Greenville, SC Hanford, CA Cape Girardeau, MO Charleston, SC Hattiesburg, MS Helena, MT Hickory, NC Hinesville, GA Homosassa Springs, FL Hot Springs, AR Houma, LA Houston, TX Huntington, WV Huntsville, AL Odessa, TX Indianapolis, IN Ogden, UT Wichita Falls, TX Columbia, MO Columbia, SC Columbus, GA Iowa City, IA Lima, OH Lincoln, NE Logan, UT Longview, TX Altoona, PA Decatur, AL Deltona, FL Denver, CO Louisville, KY Minneapolis, MN Amarillo, TX Ames, IA Anchorage, AK Ann Arbor, MI Anniston-Oxford, AL Appleton, WI Atlanta, GA Auburn, AL Augusta, GA El Paso, TX East Stroudsburg, PA Bakersfield, CA Bangor, ME Eugene, OR Barnstable Town, MA Battle Creek, MI Bay City, MI Abilene, TX Fort Smith, AR Fresno, CA Gadsden, AL Gainesville, FL Lubbock, TX Bellingham, WA Binghamton, NY Grants Pass, OR Great Falls, MT Bloomington, IL Bloomington, IN Hagerstown, MD Harrisburg, PA Manchester, NH Bremerton, WA Hilton Head Island, SC Mansfield, OH Bridgeport, CT Buffalo, NY Idaho Falls, ID Jackson, MS Jackson, TN Burlington, NC Ithaca, NY Jackson, MI Jacksonville, NC Kahului, HI Kingsport, TN Janesville, WI Jefferson City, MO Johnson City, TN Punta Gorda, FL Burlington, VT Canton, OH Cape Coral, FL Carson City, NV Casper, WY Cedar Rapids, IA Champaign, IL Charleston, WV Charlotte, NC Charlottesville, VA Chattanooga, TN Little Rock, AR Cheyenne, WY Chicago, IL Chico, CA Cincinnati, OH Clarksville, TN Lynchburg, VA Macon, GA Cleveland, OH Medford, OR Miami, FL Cleveland, TN Missoula, MT Modesto, CA Coeur d'Alene, ID Colorado Springs, CO Columbus, IN Columbus, OH Corpus Christi, TX Michigan City, IN Corvallis, OR Crestview, FL Cumberland, MD Dallas, TX Davenport, IA Dayton, OH Decatur, IL Des Moines, IA Owensboro, KY Johnstown, PA Midland, MI Midland, TX Jonesboro, AR Joplin, MO Pocatello, ID Racine, WI Portland, ME Kalamazoo, MI Kankakee, IL Kansas City, MO Provo, UT Raleigh, NC Rapid City, SD Killeen, TX Milwaukee, WI Redding, CA Kingston, NY Rochester, NY Kokomo, IN Minot, ND Salem, OR Salinas, CA Toledo, OH Salisbury, MD La Crosse, WI San Francisco, CA San Jose, CA Monroe, MI Montgomery, AL Mount Vernon, WA Santa Rosa, CA Savannah, GA Lafayette, IN Lake Charles, LA Lake Havasu City, AZ Lakeland, FL Lancaster, PA Sebring, FL Topeka, KS Lansing, MI Laredo, TX Las Cruces, NM Muncie, IN Spartanburg, SC Spokane, WA Urban Honolulu, HI Valdosta, GA Vallejo, CA Lawrence, KS Lebanon, PA Muskegon, MI St. Cloud, MN Detroit, MI Dothan, AL Dover, DE Dubuque, IA Duluth, MN Eagle Pass, TX Eau Claire, WI Victoria, TX Vineland, NJ Virginia Beach, VA Visalia, CA El Centro, CA Utica, NY Albany, GA Albany, OR Albany, NY Elmira, NY Pine Bluff, AR Athens, GA Atlantic City, NJ Baltimore, MD Baton Rouge, LA Billings, MT Birmingham, AL Bismarck, ND Blacksburg, VA Bloomsburg, PA Boise, ID Bozeman, MT Morgantown, WV Morristown, TN Myrtle Beach, SC Napa, CA Brownsville, TX California, MD Carbondale, IL Salt Lake City, UT College Station, TX Dalton, GA Ocean City, NJ Danville, IL Daphne, AL Durham, NC Elizabethtown, KY Elkhart, IN Memphis, TN Merced, CA Fayetteville, NC Oshkosh, WI Fort Collins, CO Los Angeles County, CA Glens Falls, NY Madera, CA Madison, WI Greenville, NC Gulfport, MS Harrisonburg, VA Hartford, CT Santa Cruz, CA Jacksonville, FL Kennewick, WA Tampa, FL Knoxville, TN Lafayette, LA Las Vegas, NV Lawton, OK Enid, OK Erie, PA Evansville, IN Fairbanks, AK Fargo, ND Farmington, NM Fayetteville, AR Flagstaff, AZ Flint, MI Florence, AL Florence, SC Fond du Lac, WI McAllen, TX Mankato, MN Monroe, LA Olympia, WA Paducah, KY Palm Bay, FL Panama City, FL Portland, OR Poughkeepsie, NY Prescott Valley, AZ Fort Wayne, IN Sacramento, CA Sioux Falls, SD Springfield, IL Terre Haute, IN Texarkana, TX The Villages, FL Trenton, NJ Tulsa, OK Tuscaloosa, AL Naples, FL Nashville, TN New Bern, NC New York, NY Grand Forks, ND Longview, WA Manhattan, KS Mobile, AL New Haven, CT New Orleans, LA Oklahoma City, OK Omaha, NE Orlando, FL Oxnard, CA Parkersburg, WV Pensacola, FL Peoria, IL Philadelphia, PA Phoenix, AZ Pinehurst, NC Pittsburgh, PA Reading, PA Pittsfield, MA Port St. Lucie, FL Riverside, CA Roanoke, VA Providence, RI Pueblo, CO Reno, NV Richmond, VA Rochester, MN Rockford, IL Rocky Mount, NC San Angelo, TX San Antonio, TX Rome, GA Saginaw, MI Santa Fe, NM Santa Maria, CA Scranton, PA Seattle, WA Sebastian, FL Sheboygan, WI Sherman, TX Shreveport, LA Sierra Vista, AZ Sioux City, IA South Bend, IN Springfield, MO Springfield, OH State College, PA Springfield, MA Staunton, VA St. George, UT St. Joseph, MO St. Louis, MO Stockton, CA Traverse City, MI Tucson, AZ Waterloo, IA Twin Falls, ID Tyler, TX Waco, TX Wenatchee, WA Walla Walla, WA Warner Robins, GA Washington, DC Watertown, NY Wausau, WI Weirton, WV Wheeling, WV Wichita, KS Williamsport, PA Wilmington, NC Winchester, VA Winston-Salem, NC Worcester, MA Yakima, WA York, PA Youngstown, OH Yuba City, CA Yuma, AZ