Park South, Albany County, NY

Median Home Price Price

$267,436 $267.4K

Median Monthly Rent Rent

$1,485 $1.5K

15.0x

Market Snapshot

Park South, Albany County, NY is a neighborhood market with a median home price of $267,436, a median monthly rent of $1,485, a GRM of 15.0x, and a price-to-rent ratio of 15.0.

More markets to explore

01 Fruit Belt, Erie County, NY
Top recommendation Within state Lower GRM Lower price Lower rent
High confidence
Price $108.8K
Rent $1.3K
GRM 7.0x
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Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Fruit Belt, Erie County, NY
$109K $1.3K 7.0x

Home prices

Monthly rent

GRM = home price / annual rent

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$280K $1.4K 17.0x
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$218K $1.3K 14.0x
Lions Head, Davidson County, TN
$380K $2.2K 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Park South

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Benchmark comparison

Rent in Park South, NY is 16.1% higher than Fruit Belt, NY.

Compare to Fruit Belt, NY
Park South, NY
Fruit Belt, NY
Delta
Median rent
$1,485
$1,279
-$206
Median price
$267,436
$108,813
-$158,623
YoY change
+$8
+$33
+$25
Price-to-rent
15.0x
7.1x
-7.9x

Key takeaways

  • Park South, Albany County, NY has a middle-grm screening profile: At 15.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $8 year over year.
  • Rent in Park South, NY is 16.1% higher than Fruit Belt, NY.