Rensselaer County, New York home prices
Typical home $327,950 · +5.8% in a year · property tax 2.05%
The typical home in Rensselaer County is worth $327,950, 38% less than the New York typical home ($524,942). Values changed +5.8% in the past year and +32.3% over five years. Homeowners here pay a median 2.05% of their home's value in property tax each year ($6,728 on the typical home), versus 1.42% statewide.
Mortgage on the typical Rensselaer County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $65,590 | $262,360 | $1,765 | $0 | $725 | $2,490 | $106,700 |
| 10% down | $32,795 | $295,155 | $1,986 | $123 | $725 | $2,833 | $121,400 |
| 5% down | $16,397 | $311,552 | $2,096 | $130 | $725 | $2,950 | $126,400 |
| 3.5% down (FHA) | $11,478 | $322,010 | $2,166 | $145 | $725 | $3,036 | $130,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.05% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New York · part of the Albany metro area.
New York counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Yates County | $325,604 | +5.1% | 1.88% |
| Sullivan County | $323,717 | +4.8% | 2% |
| Ontario County | $323,653 | +5.8% | 2.05% |
| Schenectady County | $312,933 | +5.2% | 2.36% |
| Tompkins County | $350,432 | +3.5% | 2.24% |
| Erie County | $295,625 | +3.4% | 1.98% |
| Essex County | $292,915 | +6.8% | 1.47% |
| Greene County | $368,122 | +3.7% | 1.49% |
| Onondaga County | $285,908 | +6.5% | 2.44% |
| Monroe County | $285,680 | +4.7% | 2.63% |
Frequently asked questions
What is the average home price in Rensselaer County, NY?
The typical home value in Rensselaer County is $327,950 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Rensselaer County?
About $106,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Rensselaer County?
The median effective rate is 2.05% of home value a year (Census ACS 2024 5-year estimates).