Home prices
The median home cost in Rutland is $153,300. Compared to other places in this area this is approximately $16,140 (9%) lower.Compared to the nation as a whole it is approximately $64,200 (29%) lower, and in comparison to the city of Albany is about $25,800 (14%) lower.
Rents
The median rent in Rutland is $780 a month. It is about $131 (14%) lower in comparison to its nearby areas.It is about $282 (26%) lower compared to the entire nation, and in comparison to the city of Albany it is about $189 (19%) lower.
Nearby places
West Rutland
West Rutland is about 2 miles west of Rutland. The real estate prices there are somewhat less expensive. West Rutland's median home cost is $145,700, which is $7,600 (5%) lower than Rutland. Its rents are pretty similar. In West Rutland the median rent is $813 a month, which works out to $33 (4%) higher than Rutland.
Pittsford
Pittsford is approximately 6 miles north from Rutland. The housing prices there are a little less expensive. The value of the median home in Pittsford is $145,100, which is $8,200 (5%) lower than Rutland. Rent there is a little more expensive. Pittsford's median rent is $903 a month, which comes out to $123 (13%) higher than Rutland.
Wallingford
Wallingford is roughly 8 miles south from Rutland. The real estate prices there are pretty similar. The median home in Wallingford costs $152,700, which is very similar to Rutland. The rent there is somewhat more expensive. In Wallingford the median monthly rent is $940, which works out to $160 (17%) higher than Rutland.
Castleton
Castleton is roughly 8 miles west of Rutland. The real estate prices there are substantially more expensive. The price of the median home in Castleton is $256,400, which comes out to $103,100 (40%) higher than Rutland. Its rents are a little more expensive. Castleton's median rent is $1,020 a month, which works out to $240 (23%) higher than Rutland.
Fair Haven
Fair Haven is about 12 miles west from Rutland. Its housing prices are similar. Fair Haven's median home price is $147,300, which works out to $6,000 (4%) lower than Rutland. Its rents are a little more expensive. Fair Haven's median rent is $881 per month, which is $101 (11%) higher than Rutland.