Starting at $1,830 Per Month
- 1 - 2 Beds
1000 Cherry Hill Rd, Cohoes, NY 12047
Welcome home to The Residences at Lexington Hills!
The Residences at Lexington Hills I & II
(518) 818-6472
Frequently Asked Questions
How much does it cost to rent a home in Cohoes, NY?
The median rent for a home in Cohoes, NY is $1,462 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Cohoes, NY?
To comfortably afford the median rent in Cohoes, NY, a household needs to earn roughly $58,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,462 per month in Cohoes, NY, renters typically need to show $4,386 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cohoes, NY?
In Cohoes, NY, the price-to-rent ratio is 17.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cohoes, NY are best for renting a home?
The best neighborhood for renting in Cohoes, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lansingburgh, North Central, Downtown Troy, The Hill and South Central, each with its own character and price range.
