Last updated
Average Rent in Cohoes 12047 & Rent Trends
Rent prices and market trends across 3 apartment communities in Cohoes 12047, Albany, NY. Updated daily.
Market Average
$2,226/mo
Lowest Available
$1,565/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
5
available now
Price Cuts This Week in Cohoes 12047
5 listed units across 1 building offering 3 bed units in Cohoes 12047 dropped their asking rent in the past 7 days, an average cut of $22/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Shelter Cove Apartments | Unit G505, Eastham | $2,744 | $2,720 | $24 |
| Shelter Cove Apartments | Unit V0213, Eastham | $2,694 | $2,670 | $24 |
| Shelter Cove Apartments | Unit V0606, Monomy | $2,594 | $2,570 | $24 |
| Shelter Cove Apartments | Unit G205, Hyannis | $2,260 | $2,242 | $18 |
| Shelter Cove Apartments | Unit G301A, Chatham | $2,130 | $2,112 | $18 |
Cohoes 12047 vs Albany, NY Average
Cohoes 12047 is more expensive the Albany, NY average by $315/mo (16%). The citywide average is $1,911/mo across all neighborhoods.
Is Rent Going Up or Down in Cohoes 12047?
As of July 2026, the average rent in Cohoes 12047 is $2,226 per month across 3 apartment communities and 5 available units.
The most affordable option is Cohoes Falls starting at $1,565/mo. By unit type, a 3-bedroom averages $2,226/mo.
Prices range from $1,565 to $2,745 per month. The most common price point is the $1,400 range, where 1 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Cohoes 12047
Rent Prices by Apartment in Cohoes 12047
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Cohoes Falls | $1,565/mo | $1,565/mo | 1 | 3.8 |
| Columbia Woods Apartments | $1,957/mo | $2,126/mo | 2 | 3.7 |
| Shelter Cove Apartments | $2,570/mo | $2,658/mo | 2 | 3.9 |
Frequently Asked Questions About Rent in Cohoes 12047
What is the average rent in Cohoes 12047?
Is rent going up or down in Cohoes 12047?
What is the cheapest apartment in Cohoes 12047?
How many apartments are available in Cohoes 12047?
What salary do I need to live comfortably in Cohoes 12047?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$89,000/year
Based on the 30 percent rule, using our tracked average rent of $2,226/mo.
Comfortable income
$107,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,565/mo), you need to earn at least $63,000/year.
Median household income in Cohoes 12047 is $59,485 , about 44% below the comfortable-living threshold.
Cost of living in Cohoes 12047
Overall prices in Cohoes 12047 runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Cohoes 12047's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,226 |
| Utilities | $399 |
| Groceries | $526 |
| Transportation | $951 |
| Healthcare | $464 |
| Other goods and services | $743 |
| Estimated total | $5,309/mo |
Population
100,081
Median household income
$59,485
Census median rent
$1,178/mo
Rent as % of income
30.0%
Median age
31.9
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Cohoes 12047 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Cohoes 12047 Apartments
Browse all 3 communities with daily-updated pricing and availability.