2026 Affordability Data
Most Affordable Neighborhoods in Schenectady - 2026 Data
The median home value in Schenectady is $140,000, 50% below nat'l avg. Median rent is $858/month. With an affordability index of 119, Schenectady is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Schenectady, NY area.
Key Takeaways: Affordability in Schenectady
- 1The most affordable neighborhood in Schenectady is Sleepy Hollow village, with a median home value of $744,500.
- 2Schenectady's median home value is $140,000, 50% below nat'l avg (national: $281,900).
- 3Schenectady's affordability index is 119 (baseline 100), making it more affordable than the national average.
- 4Median rent in Schenectady is $858/month, 26% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Schenectady to find the most affordable areas based on home values, rent, and affordability index.
Schenectady Affordability Overview
Median Home Value
$140,000
50% below nat'l avg
Median Rent
$858/mo
26% below nat'l avg
Median Income
$54,650
27% below nat'l avg
Affordability Index
119
19% above nat'l avg
Most Affordable Neighborhoods in Schenectady (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Sleepy Hollow villageNY | $744,500 |
| 2 | New Hyde Park villageNY | $695,100 |
| 3 | TroyNY | $177,100 |
| 4 | Hempstead villageNY | $421,300 |
| 5 | SyracuseNY | $117,900 |
| 6 | Lake Grove villageNY | $497,500 |
| 7 | OneontaNY | $170,900 |
| 8 | YonkersNY | $456,500 |
| 9 | GenevaNY | $123,100 |
| 10 | White PlainsNY | $612,800 |
| 11 | BinghamtonNY | $117,400 |
| 12 | Freeport villageNY | $444,300 |
| 13 | Depew villageNY | $159,700 |
| 14 | Woodbury villageNY | $400,400 |
| 15 | Airmont villageNY | $626,400 |
Detailed Neighborhood Profiles
Home Value: $744,500
Rent: $858/mo
Affordability: 119
Population: 10,396
Walk Score: 0/100
Home Value: $695,100
Rent: $858/mo
Affordability: 119
Population: 10,235
Walk Score: 0/100
Home Value: $177,100
Rent: $858/mo
Affordability: 119
Population: 51,268
Walk Score: 0/100
4
Home Value: $421,300
Rent: $858/mo
Affordability: 119
Population: 58,557
Walk Score: 0/100
5
Home Value: $117,900
Rent: $858/mo
Affordability: 119
Population: 146,134
Walk Score: 0/100
6
Home Value: $497,500
Rent: $858/mo
Affordability: 119
Population: 11,066
Walk Score: 0/100
7
Home Value: $170,900
Rent: $858/mo
Affordability: 119
Population: 14,097
Walk Score: 0/100
8
Home Value: $456,500
Rent: $858/mo
Affordability: 119
Population: 209,780
Walk Score: 0/100
9
Home Value: $123,100
Rent: $858/mo
Affordability: 119
Population: 12,670
Walk Score: 0/100
10
Home Value: $612,800
Rent: $858/mo
Affordability: 119
Population: 59,421
Walk Score: 0/100
11
Home Value: $117,400
Rent: $858/mo
Affordability: 119
Population: 47,617
Walk Score: 0/100
12
Home Value: $444,300
Rent: $858/mo
Affordability: 119
Population: 44,210
Walk Score: 0/100
13
Home Value: $159,700
Rent: $858/mo
Affordability: 119
Population: 15,141
Walk Score: 0/100
14
Home Value: $400,400
Rent: $858/mo
Affordability: 119
Population: 11,371
Walk Score: 0/100
15
Home Value: $626,400
Rent: $858/mo
Affordability: 119
Population: 10,020
Walk Score: 0/100
Frequently Asked Questions About Affordability in Schenectady
What is the most affordable neighborhood in Schenectady, NY?▾
Based on 2026 data, Sleepy Hollow village is the most affordable neighborhood in Schenectady with a median home value of $744,500. Kurby analyzed 15 neighborhoods in the Schenectady area to compile these rankings.
What is the median home price in Schenectady, NY?▾
The median home price in Schenectady is $140,000, which is 50% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Schenectady affordable compared to the national average?▾
Schenectady has an affordability index of 119, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Schenectady, NY?▾
The median monthly rent in Schenectady is $858. This is 26% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Schenectady?▾
The median household income in Schenectady is $54,650 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Schenectady are below the national average home price?▾
6 out of 15 ranked neighborhoods in Schenectady have a median home value below the national average of $281,900. The most affordable is Troy at $177,100 (Source: Kurby, 2026).