ZIP Code · NY

ZIP 12047

Part of Cohoes, NY

Pop. 23,532·Albany County·236th most expensive ZIP in New York

Median rent (all units)

$1,865/mo

Year-over-Year

+6.8%

Month-over-Month

+0.4%

vs US Median

-$67

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 12047 · $1,865

More expensive than 53% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,300

1 BR

$1,510

2 BR

$1,820

3 BR

$2,180

4 BR+

$2,410

Research median

$1,820/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 12047 is at its highest level since Zillow's records here began in February 2023.

Past year vs. the rest of New York

Rent in ZIP 12047 changed +6.8% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 6 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($66,071) is $1,652 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,510); a 2-bedroom is $1,820.

Cheaper nearby

ZIP 12189, 3 miles away, rents for 19% less ($1,519/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 12047. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,380/yr

At $1,865/mo median

Location

CityCohoes

StateNY

CountyAlbany County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.8% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 12047 (Cohoes, NY) is roughly split between renters and owners, 34.6% of residents hold a bachelor's degree or higher.

Population

23,532

Median income

$66,071

Median age

38.8

Renters

54.3%

Age distribution

22.1%

23.4%

23.5%

13.9%

17.1%

Under 1822.1%

18–3423.4%

35–5423.5%

55–6413.9%

65+17.1%

Gender

46.4%

53.6%

Male46.4%

Female53.6%

Race & ethnicity

72.5%

White72.5%

Black10.6%

Hispanic7.8%

Asian6.2%

Other2.9%

Education (25+)

26.9%

30.9%

34.6%

No HS diploma7.5%

HS diploma26.9%

Some college30.9%

Bachelor's+34.6%

Housing tenure

45.7%

54.3%

Owner45.7%

Renter54.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 12047 in Cohoes, NY has changed in 5 years

Rent

$1,546 → $1,865

up 20.6%

Income

$65,147 → $66,071

up 1.4%

Population

23,236 → 23,532

up 1.3%

Renter share

50.9% → 54.3%

+3.4 pts

Bachelor's+

31.2% → 34.6%

+3.4 pts

Median age

39.9 → 38.8

-1.1 yrs

Since 2023, the typical rent in ZIP 12047 in Cohoes, NY has increased from $1,546 to $1,865, a 20.6% change over five years. Median household income rose from $65,147 to $66,071 between 2021 and 2024, a 1.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.3% since 2021, moving from about 23,236 residents to roughly 23,532. Renters now make up 54.3% of households, compared with 50.9% five years ago. College-educated residents now make up 34.6% of adults here, versus 31.2% in 2021. Taken together, the five-year picture in ZIP 12047 in Cohoes, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 12047

Last updated: October 17, 2026

ZIP code 12047 covers Cohoes, NY. The median rent here is $1,865/mo as of October 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,820/mo.

At 34% of local median household income ($66,071/yr), ZIP 12047 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 12047?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,865/mo in ZIP 12047. The local median household income is $66,071/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 12047?

Rent in ZIP 12047 has risen 6.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2023.

How does ZIP 12047 compare to other ZIPs in New York?

ZIP 12047 is one of the more affordable among New York ZIP codes for rent, ranking #236 of 334 at $1,865/mo. Over the year to September 2026, rent in ZIP 12047 changed +6.8%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.