Home prices
The median home price in Albany is $882,500. Compared to its nearby areas it is approximately $110,720 (14%) higher.In comparison to the entire nation it is about $665,000 (305%) higher, and it is about $215,300 (19%) lower in comparison to the city of San Francisco.
Rents
The median rent in Albany is $1,856 per month. This is roughly $310 (14%) lower compared to the surrounding areas.It is approximately $794 (74%) higher compared to the country as a whole, and in comparison to the city of San Francisco it is roughly $39 (2%) lower.
Nearby places
Kensington
Kensington is Albany's neighbor to the northeast. The housing prices there are a bit more expensive. The cost of the median home in Kensington is $944,000, which is $61,500 (6%) higher than Albany. The rent there is a lot more expensive. The median rent in Kensington is $2,763 a month, which comes out to $907 (32%) higher than Albany.
Berkeley
Berkeley is Albany's neighbor to the southeast. Housing prices there are a bit more expensive. The price of the median home in Berkeley is $1,004,900, which comes out to $122,400 (12%) higher than Albany. Rent there is a little less expensive. The median monthly rent in Berkeley is $1,722, which works out to $134 (7%) lower than Albany.
El Cerrito
El Cerrito is Albany's neighbor to the north. The real estate prices there are a little less expensive. The median home in El Cerrito is valued at $804,700, which works out to $77,800 (9%) lower than Albany. Its rents are a bit more expensive. In El Cerrito the median rent is $1,956 per month, which works out to $100 (5%) higher than Albany.
Emeryville
Emeryville is roughly 3 miles south of Albany. Housing prices there are significantly less expensive. The median home value in Emeryville is $489,400, which is $393,100 (80%) lower than Albany. Its rents are a bit more expensive. The median rent in Emeryville is $2,380 a month, which is $524 (22%) higher than Albany.
East Richmond Heights
East Richmond Heights is approximately 3 miles north of Albany. The housing prices there are significantly less expensive. The median home price in East Richmond Heights is $615,900, which comes out to $266,600 (43%) lower than Albany. Its rents are somewhat more expensive. East Richmond Heights's median monthly rent is $2,007, which works out to $151 (7%) higher than Albany.