Home prices
Rensselaer's median home price is $143,300. In comparison to its nearby areas this is about $65,780 (31%) lower.Compared to the rest of the country it is about $74,200 (34%) lower, and it is approximately $12,900 (8%) lower compared to the city of Springfield.
Rents
Rensselaer's median rent is $965 per month. This is about $55 (5%) lower in comparison to the surrounding areas.In comparison to the country as a whole it is roughly $97 (9%) lower, and is about $88 (10%) higher in comparison to the city of Springfield.
Nearby places
Albany
Albany is Rensselaer's neighbor to the northwest. Real estate prices there are a little more expensive. The median home in Albany costs $179,100, which is $35,800 (19%) higher than Rensselaer. Its rents are fairly similar. The median rent in Albany is $969 per month, which is very similar to Rensselaer.
Hampton Manor
Hampton Manor is about 1 mile south from Rensselaer. Its housing prices are a little more expensive. The median home in Hampton Manor is valued at $164,700, which is $21,400 (12%) higher than Rensselaer. Rents there are pretty similar. Hampton Manor's median monthly rent is $926, which works out to $39 (4%) lower than Rensselaer.
Menands
Menands is approximately 2 miles north of Rensselaer. The housing prices there are significantly more expensive. The median home price in Menands is $252,200, which is $108,900 (43%) higher than Rensselaer. Its rents are a little more expensive. Menands's median monthly rent is $1,211, which comes out to $246 (20%) higher than Rensselaer.
East Greenbush
East Greenbush is approximately 3 miles south from Rensselaer. Its housing prices are a lot more expensive. East Greenbush's median home price is $263,700, which is $120,400 (45%) higher than Rensselaer. The rent there is a bit more expensive. The median rent in East Greenbush is $1,176 per month, which works out to $211 (17%) higher than Rensselaer.
Wynantskill
Wynantskill is roughly 4 miles northeast from Rensselaer. Its housing prices are somewhat more expensive. The median home value in Wynantskill is $185,700, which is $42,400 (22%) higher than Rensselaer. The rent there is a bit less expensive. Wynantskill's median monthly rent is $820, which comes out to $145 (17%) lower than Rensselaer.
