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ZIP Code · NY

ZIP 12206

Part of Albany, NY
Pop. 14,572·Albany County·248th most expensive ZIP in New York
Median rent (all units)
$1,801/mo
Year-over-Year
+11.2%
Month-over-Month
+0.7%
vs US Median
-$164
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 12206 · $1,801
More affordable than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,410
2 BR
$1,690
3 BR
$2,030
4 BR+
$2,240
Research median
$1,690/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: July 20, 2026

Annual cost
$21,612/yr
At $1,801/mo median
Location
CityAlbany
StateNY
CountyAlbany County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.2% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 12206 (Albany, NY) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 30.7% of residents hold a bachelor's degree or higher.

Population
14,572
Median income
$41,548
Median age
32
Renters
73.4%
Age distribution
18.3%
36.8%
22.2%
Under 1818.3%
18–3436.8%
35–5422.2%
55–6411.7%
65+11.1%
Gender
53.2%
46.8%
Male53.2%
Female46.8%
Race & ethnicity
34.6%
38.7%
White34.6%
Black38.7%
Hispanic10.8%
Asian11.3%
Other4.6%
Education (25+)
32.2%
25.9%
30.7%
No HS diploma11.2%
HS diploma32.2%
Some college25.9%
Bachelor's+30.7%
Housing tenure
26.6%
73.4%
Owner26.6%
Renter73.4%

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

2021 vs 2026

How ZIP 12206 in Albany, NY has changed in 5 years

Income
$32,994 → $41,548
up 25.9%
Population
15,693 → 14,572
down 7.1%
Renter share
77.4% → 73.4%
-4.0 pts
Bachelor's+
22% → 30.7%
+8.7 pts
Median age
30.3 → 32
+1.7 yrs

Local incomes tracked alongside that move, going from a median of $32,994 in 2021 to $41,548 more recently. Census counts show ZIP 12206 in Albany, NY losing about 1,121 residents over the five-year window, down 7.1% on net. The renter share has eased from 77.4% to 73.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 22% to 30.7% across the same window.

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Local insights

Tips for renters in ZIP 12206

About renting in ZIP 12206

Last updated: July 20, 2026

ZIP code 12206 covers Albany, NY. The median rent here is $1,801/mo as of July 2026. A 1-bedroom rents for a median of $1,410/mo. A 2-bedroom rents for a median of $1,690/mo.

At 52% of local median household income ($41,548/yr), ZIP 12206 ranks as expensive compared to the national benchmark of 30%. Rents have increased 11.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 12206?

As of July 20, 2026, the median monthly rent in ZIP 12206 (Albany, NY) is $1,801. This is based on aggregated data from public sources and community submissions.

How does ZIP 12206 rent compare to the US average?

ZIP 12206's median rent of $1,801/mo is $164 (8%) below the US national median of $1,965/mo.

How does ZIP 12206 compare to other ZIPs in New York?

ZIP 12206 is among the more affordable ZIP codes in New York, ranking #248 out of 344 ZIPs at $1,801/mo.

How much income do you need to rent in ZIP 12206?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,801/mo in ZIP 12206. The local median household income is $41,548/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 12206?

Rent in ZIP 12206 has increased 11.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 12206 an affordable place to rent?

ZIP 12206 is considered expensive for renters. At $1,801/mo, rent takes approximately 52% of the local median household income ($41,548/yr). The standard benchmark is 30%. ZIP 12206 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 12206 residents rent vs. own?

According to Census data, approximately 73.4% of ZIP 12206 households are renters, while 26.6% are owner-occupied. With a majority renter population, ZIP 12206 has a strong rental market.

How does ZIP 12206 compare to the rest of Albany?

ZIP 12206 is pricier than Albany as a whole. At $1,801/mo, it's $190 above the Albany citywide median of $1,611/mo.

When was rent data for ZIP 12206 last updated?

Rent data for ZIP 12206 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
52%
EXPENSIVE

At $1,801/mo, rent takes ~52% of ZIP 12206's median household income ($41,548/yr). The standard benchmark is 30%.

ZIP 12206 52%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 12206 (Albany, NY)

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