Can A Carpenter Afford Rent in Albany, NY?
Comfortably affordable — rent takes 28.2% of gross income.
Albany rent: July 2026. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These New York cities have lower median rent than Albany, which improves the affordability math on a carpenter salary:
Compare with full rent data for Albany
View full rent data for Albany, NY →Frequently asked questions
Can a carpenter afford rent in Albany, NY?
Median rent in Albany is $1,635 a month. A typical carpenter in New York earns about $69,472 a year, which makes that rent 28.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Albany?
Using the 30% rule, a carpenter salary in New York (~$69,472/yr) supports up to $1,737 a month in rent. Albany's current median rent is $1,635/mo, which leaves a $102/mo buffer.
How many hours does a carpenter work to cover rent in Albany?
At an hourly equivalent of about $33 an hour, a carpenter in New York works roughly 49 hours a month to cover Albany's median rent of $1,635.
Where is rent cheaper than Albany for a carpenter?
Nearby New York cities with lower median rent include Cohoes ($1,633/mo), Canandaigua ($1,630/mo), Cohoes ($1,625/mo). Each shifts the affordability math materially on a carpenter salary.