Prices last verified
Average Rent in Waterford 12188 & Rent Trends
Rent prices and market trends across 1 apartment community in Waterford 12188, Albany, NY. Updated daily.
Market Average
$1,295/mo
Lowest Listed
$1,295/mo
as of Oct 1
Communities
1
tracked daily
Units Listed
5
as of Oct 1
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Waterford 12188 vs Albany, NY Average
Waterford 12188 is cheaper than the Albany, NY average by $578/mo (31%). The citywide average is $1,873/mo across all neighborhoods.
Is Rent Going Up or Down in Waterford 12188?
As of October 2026, the average rent in Waterford 12188 is $1,295 per month across 1 apartment community and 5 recently listed units.
The most affordable option is Pine Park Terrace Apartments starting at $1,295/mo. By unit type, a 2-bedroom averages $1,295/mo.
Prices range from $1,295 to $1,295 per month. The most common price point is the $1,200 range, where 5 units were listed.
Rent by Bedroom Type in Waterford 12188
Rent Prices by Apartment in Waterford 12188
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Pine Park Terrace Apartments | $1,295/mo | $1,295/mo | 5 | 3.7 |
Frequently Asked Questions About Rent in Waterford 12188
What is the average rent in Waterford 12188?
Is rent going up or down in Waterford 12188?
What is the cheapest apartment in Waterford 12188?
How many apartments are available in Waterford 12188?
What salary do I need to live comfortably in Waterford 12188?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$52,000/year
Based on the 30 percent rule, using our tracked average rent of $1,295/mo.
Comfortable income
$62,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
Median household income in Waterford 12188 is $59,485 , about 4% below the comfortable-living threshold.
Cost of living in Waterford 12188
Overall prices in Waterford 12188 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 Waterford 12188's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,295 |
| Utilities | $399 |
| Groceries | $526 |
| Transportation | $951 |
| Healthcare | $464 |
| Other goods and services | $743 |
| Estimated total | $4,378/mo |
Population
100,081
Median household income
$59,485
Census median rent
$1,178/mo
Census rent burden
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 Waterford 12188 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Waterford 12188 Apartments
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