In Cohoes, a typical home is worth $223,400 and typical rent is $1,251 a month. Compared with all of Albany County, typical household income is 28% lower, the typical home value is 24% lower, and the share of households that own their home is 17 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $263,163 to $339,421.
Typical rent
$1,865a month
▲ 6% more than 12 months ago
Typical rent from Zillow, March 2023 to September 2026: from $1,554 to $1,865.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Cohoes is in Albany County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Albany County. See the county
What this place has that others do not, from public data, most unusual first.
1
40% of households in Cohoes own their home, against 57% in Albany County.
2
The typical household income in Cohoes is $61,145,28% less than in Albany County as a whole ($85,333).
3
Nearby, in Watervliet, the typical home value is $179,700: 20% less than in Cohoes ($223,400).
4
The typical home in Cohoes is worth $223,400,24% less than in Albany County as a whole ($294,600).
5
According to Zillow, in the 12 months to September 2026 the typical home value in Cohoes rose 2.1%; in New York, it rose 5.6%.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Cohoes
What homes there are in Cohoes, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Cohoes
Albany County
New York
United States
Kind of home: Cohoes and its comparisons
Measure
Cohoes
Albany County
New York
United States
Detached house
28%
50%
41%
61%
Attached house
7%
5%
6%
6%
Building of 2 to 4
38%
24%
17%
8%
Apartments (5 or more)
27%
21%
35%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
No kind of home is the majority in Cohoes; the largest group, buildings of 2 to 4 homes, adds up to 38%, against 24% in Albany County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Cohoes
Albany County
New York
United States
Year built: Cohoes and its comparisons
Measure
Cohoes
Albany County
New York
United States
Before 1960
55%
46%
52%
26%
1960–1979
13%
23%
22%
24%
1980–1999
11%
18%
14%
25%
2000–2009
9%
6%
6%
14%
2010 or later
11%
8%
6%
11%
There are fewer big homes in Cohoes than in Albany County: 42% have 3 bedrooms or more, against 55%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K29%
$200K–$300K46%
$300K–$500K15%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Cohoes and its comparisons
Measure
Cohoes
Under $100K
Unreliable estimate
$100K–$200K
29%
$200K–$300K
46%
$300K–$500K
15%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99923%
$1,000–$1,49931%
$1,500–$1,99922%
$2,000–$2,49913%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Cohoes and its comparisons
Measure
Cohoes
Under $500
Unreliable estimate
$500–$999
23%
$1,000–$1,499
31%
$1,500–$1,999
22%
$2,000–$2,499
13%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,716 a month
Albany County: $1,998 a month
Without a mortgage
$589 a month
Albany County: $765 a month
Owners with a mortgage
56%
Albany County: 60%
In Cohoes, 56% of owners have a mortgage, and their typical cost is $1,716 a month, against $1,998 in Albany County. Without one it drops to $589.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Cohoes+43%
Albany County+32%
New York+35%
United States+53%
Typical rent
Cohoes+33%
Albany County+29%
New York+27%
United States+33%
Typical household income
CohoesNo clear change
Albany County+29%
New York+26%
United States+29%
Change since 2015–2019: Cohoes and its comparisons
Measure
Cohoes
Albany County
New York
United States
Typical home value
+43%
+32%
+35%
+53%
Typical rent
+33%
+29%
+27%
+33%
Typical household income
No clear change
+29%
+26%
+29%
From 2015–2019 to 2020–2024, the typical home value in Cohoes rose 43%; in Albany County, it rose 32%.
Rents in Cohoes rose faster than in Albany County: 33% since 2015–2019, against 29%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Cohoes and its comparisons
Measure
Cohoes
Albany County
New York
United States
Rental vacancy
Unreliable estimate
3.3%
3.8%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.1%
0.9%
More than one person per room
Unreliable estimate
1.7%
5.3%
3.4%
People per household
2.07
2.21
2.49
2.53
Drive alone
66%
67%
49%
69%
Carpool
17%
8%
6%
9%
Public transit
Unreliable estimate
4%
22%
3%
Walk or bike
Unreliable estimate
4%
6%
3%
Work from home
12%
15%
15%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.07 on average, against 2.21 in Albany County.
Carpooling is common in Cohoes: 17% of workers get to work that way, against 8% in Albany County.
Do the math
What would you pay each month for a home in Cohoes?
A typical home costs more than the typical income allows
We start with a typical home in Cohoes, worth $223,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Cohoes, which is $61,145 a year. For that payment to be 28% of income, a household would need to earn about $87,547 a year.
The calculator's FHA and conventional loan limits are those of all of Albany County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Cohoes. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,819 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,043
at 7.18% · 30 years
Loan amount
$219,354
Total interest
$315,598
Paid off in
November 2056
Includes $3,773 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,427 a month
Tight
$1,427 to $1,834 a month
Hard
more than $1,834 a month
Your payment · 40%
Compared with the typical household income in Cohoes ($61,145 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,486
Property tax
$365
Home insurance
$93
FHA mortgage insurance (MIP)
$99
You need at least $7,819 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,043; principal and interest $1,486.
The city and its county
Cohoes and Albany County
Cohoes is in Albany County, New York. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Cohoes
Map of Albany County, New York, with Cohoes marked. Around it, the neighboring counties.
Cohoes
Albany County
Other cities with a page
Cohoes's own numbers
Typical home value
$223,400
Typical monthly rent
$1,251
Typical yearly household income
$61,145
Households that own their home
40%
Effective property tax rate
1.96%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Albany County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,711
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
1.2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Albany County.
A typical home in Cohoes is worth $223,400: 24% below the county and 47% below New York. With the typical household income in Cohoes ($61,145 a year), a typical home costs 3.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Cohoes3.7 years
Albany3.5 years
New York4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Albany County
According to FHFA’s house price index, home prices in Albany County rose 71% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Albany County.
Yearly change in FHFA’s price index in Albany County, 2016 to 2025
2016: +2.1% +2.1% 2016
2017: +3.2% +3.2% 2017
2018: +2.6% +2.6% 2018
2019: +2.5% +2.5% 2019
2020: +2.7% +2.7% 2020
2021: +9.1% +9.1% 2021
2022: +11.7% +11.7% 2022
2023: +8.9% +8.9% 2023
2024: +8.0% +8.0% 2024
2025: +5.0% +5.0% 2025
Change in FHFA’s price index in Albany County, New York and the United States
Period
County
New York
U.S.
Last year (2025)
+5.0%
+6.0%
+2.9%
5 years (2020–2025)
+51%
+52%
+47%
10 years (2015–2025)
+71%
+86%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Cohoes next to Albany County, New York and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Cohoes$223,400
Albany$294,600
New York$423,800
United States$332,700
Typical monthly rent
Cohoes$1,251
Albany$1,313
New York$1,621
United States$1,413
Typical yearly household income
Cohoes$61,145
Albany$85,333
New York$85,974
United States$80,734
See the full table
Cohoes next to Albany County and New York
Measure
Cohoes
Albany County
New York
U.S.
Typical home value
$223,400 ▼24% below the county
$294,600
$423,800
$332,700
Typical monthly rent
$1,251 ▼5% below the county
$1,313
$1,621
$1,413
Typical yearly household income
$61,145 ▼28% below the county
$85,333
$85,974
$80,734
Households that own their home
40% ▼17 points below the county
57%
54%
65%
Typical yearly property tax
$4,379 ▼16% below the county
$5,200
$6,582
$3,119
Effective property tax rate
1.96% ▲0.19 points above the county
1.77%
1.55%
0.94%
Renters with high rent for their income
49% ▲2 points above the county
47%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Albany County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Cohoes
For a typical $223,400 home in Cohoes, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Cohoes's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,043a month
Least cash to close
Down payment
$7,819
Cash to close
$14,521
Rate
7.18%
Mortgage insurance
FHA MIP · $99
Conventional, 5% down$2,002a month
Down payment
$11,170
Cash to close
$17,872
Rate
7.18%
Mortgage insurance
PMI · $106
Conventional, 20% down, no PMI$1,669a month
Down payment
$44,680
Cash to close
$51,382
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,875a month
Down payment
$33,510
Cash to close
$40,212
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Cohoes
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,043
$7,819
$219,354
7.18%
FHA MIP · $99
$14,521
580
Conventional, 5% down
$2,002
$11,170
$212,230
7.18%
PMI · $106
$17,872
620*
Conventional, 20% down, no PMI
$1,669
$44,680
$178,720
7.18%
None
$51,382
620*
ITIN, 15% down (example)
$1,875
$33,510
$189,890
8.18%
None
$40,212
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Cohoes is $1,251 a month: 5% below the county. In Cohoes, 49% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Albany County, by unit size. To pay the 2-bedroom one ($1,711 a month) without spending more than 30% of your income, you would need to earn $32.90 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Albany County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,238
$23.81
$49,520
1 bedroom
$1,425
$27.40
$57,000
2 bedrooms
$1,711
$32.90
$68,440
3 bedrooms
$2,039
$39.21
$81,560
4 bedrooms
$2,249
$43.25
$89,960
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Cohoes
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Cohoes is in ZIP code 12047.
For 2 bedrooms it is $1,760: $49 more than the fair market rent for Albany County ($1,711).
Fair market rent by ZIP code and size in Cohoes, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
12047
$1,270
$1,470
$1,760
$2,100
$2,310
ZIP code2 bd3 bd
12047 $1,760$2,100
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Cohoes when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Albany County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Cohoes or Albany County. The ones below are statewide in New York: they work in Cohoes the same as in the rest of the state.
SONYMA second loan with no interest, forgiven after ten years, for the down payment with a SONYMA mortgage in New York.Offered by State of New York Mortgage Agency (SONYMA).
SONYMA mortgage at a very low fixed rate for low-income first-time buyers in New York, with a minimal down payment.Offered by State of New York Mortgage Agency (SONYMA).
No legal help resource on our list is for Cohoes or Albany County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Cohoes and all of Albany County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Cohoes?
The typical home value in Cohoes is $223,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Albany County it is $294,600.
How much does it cost to rent in Cohoes?
Typical rent in Cohoes is $1,251 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Albany County is $1,711.
What is the FHA loan limit in Cohoes?
Cohoes uses the FHA limit for all of Albany County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Cohoes?
The typical homeowner in Cohoes pays $4,379 a year, according to the U.S. Census Bureau. That is 1.96% of the home’s value; in Albany County, the rate is 1.77%.
Where can I find free help to buy or rent in Cohoes?
There are 2 HUD-approved counseling agencies with an office in Albany County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
