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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
71
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
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

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 TypeMedian Home ValueYoY % Change
All Homes
$304,0004.7%
Single Family $305,0004.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$255,0005.4%
    3 Bed
    		$310,0004.4%
    4 Bed
    		$387,0004.9%
    5 Bed $381,0384.8%
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    16.6%
    2 Bedrooms
    33.6%
    3 Bedrooms
    33.9%
    4 Bedrooms
    9.1%
    5+ Bedrooms
    5.7%

    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.

    TypeMedian RentAverage 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$267,00014.0%
    Listing Count
    		6843.0%
    Listings as % of Homes0.3%43.0%
    Days on Market
    		7110.0%
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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.

    MetricLatest CensusYoY % Change
    Population
    		21,6006.7%
    % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax 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

    Affordability — Rensselaer, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$304,000
    Median Household Income$88,400

    Rensselaer, NY — ZIP Code Boundary Map

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    Frequently Asked Questions