Rensselaer, NY 12144 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Rensselaer, NY—12144

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$304,000

4.7% YoY Growth

Household Income

$88,400

28.0% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$1,600

0.0% YoY Growth

1-Bed Rent

$1,300

21.4% YoY Growth

2-Bed Rent

$1,650

6.3% YoY Growth

3-Bed Rent

$2,000

6.3% YoY Growth

Home Price Trends — Rensselaer, NY

As of Dec '25, the median home price in Rensselaer, NY is $304,000, with a year-over-year change of 4.7%. This indicates that home prices in Rensselaer, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$304,000	4.7%
Single Family	$305,000	4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rensselaer, NY

As of July '25, Rentcast reports the average rent in Rensselaer, NY is $1,710, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Rensselaer, NY is studios: $768, 1-bedrooms: $1,360, 2-bedrooms: $1,680, 3-bedrooms: $2,180, 4-bedrooms: $2,760. The most common rental property sizes in Rensselaer, NY are 2-bedroom and 1-bedroom, accounting for 43.1% and 34.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,710
Studio Rent	$550	$768
1 Bed Rent	$1,300	$1,360
2 Bed Rent	$1,650	$1,680
3 Bed Rent	$2,000	$2,180
4 Bed Rent	$2,200	$2,760

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% of Rental Stock

Studio

1.8%

1 Bedroom

34.0%

2 Bedrooms

43.1%

3 Bedrooms

16.3%

4 Bedrooms

3.0%

5+ Bedrooms

1.8%

Property Listings — Rensselaer, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Rensselaer, NY is 54. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$267,000	14.0%
Listing Count	68	43.0%
Listings as % of Homes	0.3%	43.0%
Days on Market	71	10.0%

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Demographics — Rensselaer, NY

As of the latest ACS Survey released in 2023, Rensselaer, NY has a population of 21,600, which has increased by 6.7% over the past 5 years. Rensselaer, NY is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	21,600	6.7%
% Under 18	18.9%	-8.3%
% Seniors	17.0%	-3.4%
% WFH	12.2%	388.0%
% w/ College Degree	38.3%	11.0%

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As of the latest ACS Survey released in 2023, Rensselaer, NY is a predominantly white area, with 75.7% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Rensselaer, NY is asian, making up 6.8% of the population. Foreign-born residents account for 7.4% of the population in Rensselaer, NY, and this percentage has increased by 10.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	75.7%	-6.9%
% Black	5.9%	43.9%
% Hispanic	6.0%	17.6%
% Asian	6.8%	36.0%
% Foreign Born	7.4%	10.4%

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Mortgage and Risk — Rensselaer, NY

According to HUD data as of 2023, there were 414 mortgage originations in Rensselaer, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Rensselaer, NY. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	414
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Rensselaer, NY

As of 2024, the percent of homes in Rensselaer, NY under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Rensselaer, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	512
Total Units Section 8	342
% Rentals under Section 8	8.8%
% Occupied Section 8	88.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$20	$1,300	$1,320
2 Bedroom	-$50	$1,650	$1,600
3 Bedroom	-$70	$2,000	$1,930
4 Bedroom	-$80	$2,200	$2,120

Rensselaer, NY—12144

Key Metrics at a Glance

Home Price Trends — Rensselaer, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rensselaer, NY

% of Rental Stock

Property Listings — Rensselaer, NY

Demographics — Rensselaer, NY

Race and Ethnicity

Mortgage and Risk — Rensselaer, NY

Mortgages

Rentals and Section 8 — Rensselaer, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Rensselaer, NY

Home Price to Income Ratio

Rensselaer, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Yarbrough Homes, NY

Albany, NY

Albany, NY

Menands, NY

East Greenbush, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$304,000
Median Household Income	$88,400

Rensselaer, NY—12144

Key Metrics at a Glance

Home Price Trends — Rensselaer, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rensselaer, NY

% of Rental Stock

Property Listings — Rensselaer, NY

Demographics — Rensselaer, NY

Race and Ethnicity

Mortgage and Risk — Rensselaer, NY

Mortgages

Rentals and Section 8 — Rensselaer, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Rensselaer, NY

Home Price to Income Ratio

Rensselaer, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Yarbrough Homes, NY

Albany, NY

Albany, NY

Menands, NY

East Greenbush, NY

Frequently Asked Questions

What is the average home price in Rensselaer, NY 12144?

How have home prices in Rensselaer, NY 12144 changed over the past year?

What is the home price projection for Rensselaer, NY 12144?

What are the demographics of Rensselaer, NY 12144?

How long does it take homes to sell in Rensselaer, NY 12144?

What is the average rent price in Rensselaer, NY 12144?