Cohoes, New York.
Typical home $339,421 (+2.1% in a year), asking rent $1,865 (+6.0%). Albany-Schenectady-Troy, NY metro.
to buy the typical home at today's mortgage rate — +$967 (+119%) since Jan 2020.
- 1 year
- Up $7,031 +2%
- $332,390$339,421 since Sep 2025
- 5 years
- Up $76,258 +29%
- $263,163$339,421 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cohoes$1,782
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Cohoes, NY rose 2.1% over the past year — faster than the nation's +1.2%.
Asking rents in Cohoes, NY rose 6.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in Cohoes runs $779/mo more than renting one. The gap peaked at $872 in Jan 2025.
That is $2,644 a month against $1,865 rent: a $1,782 mortgage payment, plus $499 property tax and $363 insurance & upkeep.
Owning vs renting — Cohoes
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,644
- Renting$1,865
- Mortgage only$1,782
Property tax · $499/mo 1.77% of value a year — the ACS 2020-2024 median bill over the median home value for Albany County, NY
Insurance & upkeep · $363/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Cohoes, Albany County, New York
Cohoes is a city of 18,147 people in Albany County. Half its households earn more than $61,145 a year and half less, against $85,333 across Albany County; 26% of its people live below the poverty line. 40% of its homes are lived in by their owners and 60% are rented. Unemployment in Albany County was 3.9% in August 2026, and the county had 1.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cohoes is a small city in Albany County, with a median age a little younger than many places that older homeowners might compare it to. Far fewer homes are lived in by their owners than across the county, so renting is common, and household incomes run well below the county's while more people live below the poverty line. Winters are cold and snowy, with January the coldest month, and summers turn properly warm in July; precipitation through the year is fairly generous.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, professional and business services, and restaurants, hotels and entertainment. The largest workplaces in Cohoes include the Cohoes City School District, SM Gallivan, which makes lawn and garden mulchers, and the Nathan H. Kelman recycling wholesaler. Fewer adults hold a four-year degree than across much of the county, and a modest number work from home.
Things to do. Cohoes Falls, a waterfall, sits in or beside town, as do Peebles Island State Park, a protected area, and the Cohoes Music Hall, a theatre. A short drive away are the New York State Museum and Proctor's Theatre. Further afield, the Clark Art Institute is a museum a longer drive away.
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- 8,403households
- 28%of adults have a degree
- 26%below the poverty line
- 25 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Albany County had 235,826 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 17°; warmest in July, with highs near 86° and lows near 64°. About 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Troy L&d weather station, 2 miles away (NOAA).
Largest workplaces in Cohoes
- Cohoes City School DistrictSchool district345FTE
- SM GallivanMulchers, lawn and garden-type, manufacturing149
- Nathan H. KelmanRecyclable materials merchant wholesalers95
- The Marjorie Doyle Rockwell CenterHomes for the aged with nursing care73
- Macaran Printed ProductsPrinting, flexographic66
- Green RenewableSawdust, regrinding62
- GolubGrocery stores36
- Mackey ElectricElectric contracting26
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 577 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively moderate
- Inland floodingRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cohoes’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Albany County and the Albany-Schenectady-Troy, NY metro.
Cohoes home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cohoes$339,421
- New York$524,942
- United States$366,157
Sellers are cutting prices on about 1 in 3 Cohoes listings, and the typical home goes pending in 21 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cohoes29.26%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cohoes32
New listings per month
Sellers arriving at the market.
- Cohoes14
Zip codes with a Cohoes address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cohoes — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.