Market Summary

Melrose, Albany County, NY

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Median Home Price Price

$300,016 $300K

Median Monthly Rent Rent

$1,798 $1.8K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Albany County

Region Price Rent GRM Display
Campus Area (University District)
$290,534 $1,832 13.0x
Buckingham Lake - Crestwood
$343,838 $1,741 16.0x
Upper Washington Avenue
$288,232 $1,767 14.0x
Delaware Avenue
$224,452 $1,525 12.0x
Westmere
$341,982 $1,901 15.0x
Normanskill
$345,635 $2,200 13.0x
Helderberg
$290,677 $1,653 15.0x
Whitehall
$281,180 $1,596 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of Albany County

Region Price Rent GRM Display
Northeast Ithaca, Tompkins County, NY
$443,623 $1,868 20.0x
Fairmount, Onondaga County, NY
$228,256 $1,401 14.0x
South Valley, Onondaga County, NY
$177,146 $1,495 10.0x
Bellevue, Schenectady County, NY
$208,290 $1,500 12.0x
Solvay, Onondaga County, NY
$214,132 $1,398 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
Desert Spring Flower, Bernalillo County, NM
$265,733 $1,709 13.0x
Alton Park, Lehigh County, PA
$283,234 $1,750 13.0x
Oak Park, Clark County, IN
$235,243 $1,273 15.0x
Mountainville, Lehigh County, PA
$264,345 $1,764 12.0x
Fairview, Lehigh County, PA
$222,171 $1,805 10.0x
North Catasauqua, Northampton County, PA
$311,079 $1,752 15.0x
Maple-Prairie, Dane County, WI
$451,817 $1,828 21.0x
Jeanne Bellamah East, Bernalillo County, NM
$258,269 $1,404 15.0x
Rogers Park, Cook County, IL
$240,064 $1,765 11.0x
Las Palmas, El Paso County, TX
$267,359 $1,570 14.0x
Mayfair Park, Milwaukee County, WI
$355,063 $1,801 16.0x
Colonial Heritage, Allen County, IN
$216,626 $1,212 15.0x
Greenbush, Dane County, WI
$489,380 $1,784 23.0x
Monestary Heights, Providence County, RI
$465,485 $1,772 22.0x
Crown Colony, Allen County, IN
$210,737 $1,100 16.0x
Diamond Hill, Providence County, RI
$613,004 $1,767 29.0x
Monterery, Roanoke City, VA
$250,700 $1,475 14.0x
Whitfield, Berks County, PA
$352,873 $1,641 18.0x
Cobblers Crossing, Cook County, IL
$309,684 $1,741 15.0x
Farmbrook, Bucks County, PA
$334,847 $2,118 13.0x
Olivet, Salem County, NJ
$370,209 $1,686 18.0x
West Walnut/Union Terrace, Lehigh County, PA
$246,995 $1,798 11.0x
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$349,366 $1,778 16.0x
Dutch Hill, Lehigh County, PA
$318,511 $1,691 16.0x
Emerson East, Dane County, WI
$369,011 $1,746 18.0x
Imperial Gardens Extended, Allen County, IN
$225,742 $1,477 13.0x
Red Arrow, Kenosha County, WI
$244,410 $1,723 12.0x
Cooper Park, Milwaukee County, WI
$264,965 $1,559 14.0x
Trumbull Village, Bernalillo County, NM
$200,880 $1,377 12.0x
Northeastern Elgin, Kane County, IL
$275,892 $1,759 13.0x
Washington/Rosedale, Montgomery County, PA
$255,308 $1,718 12.0x
Wheatridge, Allen County, IN
$264,433 $1,335 16.0x
Parkwood Hills, Dane County, WI
$639,145 $1,837 29.0x
Ewing Woods-Evergreen, Polk County, IA
$248,868 $1,429 15.0x
West Wyomissing, Berks County, PA
$256,170 $1,709 12.0x
Downtown, Lake County, IN
$183,605 $1,249 12.0x

Home prices

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Monthly rent

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GRM

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Melrose

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Trend Insights

Median Rent in Melrose, NY is $1,798, with MoM change +$18 and YoY change +$159 pointing to positive momentum while volatility is low (std $41).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melrose, NY.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Melrose, NY
Compare market Select a market
Delta vs base
Median rent
$1,798
N/A
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Median price
$300,016
N/A
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YoY change
+$159
N/A
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Price-to-rent
13.9x
Data unavailable
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