Home prices
The median home in Schenectady is valued at $108,700. It is about $82,860 (43%) lower compared to the surrounding areas.It is approximately $108,800 (50%) lower in comparison to the rest of the country, and is roughly $70,400 (39%) lower in comparison to the city of Albany.
Rents
The median monthly rent in Schenectady is $904. Compared to nearby areas this is about $206 (18%) lower.It is roughly $158 (14%) lower in comparison to the entire country, and it is about $65 (6%) lower in comparison to the city of Albany.
Nearby places
Niskayuna
Niskayuna is Schenectady's neighbor to the northeast. Its real estate prices are a lot more expensive. The price of the median home in Niskayuna is $219,700, which comes out to $111,000 (50%) higher than Schenectady. The rent there is a little more expensive. The median rent in Niskayuna is $1,142 per month, which comes out to $238 (20%) higher than Schenectady.
Rotterdam
Rotterdam is Schenectady's neighbor to the southwest. Real estate prices there are substantially more expensive. The median home value in Rotterdam is $161,400, which comes out to $52,700 (32%) higher than Schenectady. Rent there is fairly similar. The median rent in Rotterdam is $929 a month, which comes out to $25 (2%) higher than Schenectady.
East Glenville
East Glenville is Schenectady's neighbor to the north. Real estate prices there are significantly more expensive. The median home in East Glenville costs $216,400, which is $107,700 (49%) higher than Schenectady. Its rents are a bit more expensive. The median monthly rent in East Glenville is $1,309, which is $405 (30%) higher than Schenectady.
Scotia
Scotia is about 2 miles northwest from Schenectady. Housing prices there are somewhat more expensive. The median home cost in Scotia is $142,700, which comes out to $34,000 (23%) higher than Schenectady. Rents there are pretty similar. The median monthly rent in Scotia is $907, which is very similar to Schenectady.
Colonie
Colonie is about 6 miles southeast of Schenectady. Its housing prices are a lot more expensive. Colonie's median home value is $217,600, which comes out to $108,900 (50%) higher than Schenectady. Its rents are somewhat more expensive. The median rent in Colonie is $1,262 per month, which works out to $358 (28%) higher than Schenectady.
