Homes & Apartments for Rent in Albany, GA 31707

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What to Know About

Living in 31707

Albany, located on the banks of the Flint River, is where you'll find a warm welcome, stunning scenery, and plenty of things to see and do. Uncover the city's historic landmarks, such as the Albany Civil Rights Institute, the Thronateeska Heritage Center, and the Ray Charles Plaza, which honors the legendary musician and Albany native. In addition, the city is home to several major universities, including Albany State University and Darton State College, as well as a growing art scenery, being the place that hosts the Albany Museum of Art's "Art Park" series, the Tulip Festival, and the region-wide LarkFest festival.

Nature lovers can enjoy the natural beauty of Albany's parks and waterways, such as the Chehaw Wild Animal and Adventure Park, Flint RiverQuarium, Radium Springs, and the Riverfront Park, which hosts various events and festivals during all the seasons of the year. The city is also home to many live music venues and performing arts centers, including the Albany Civic Center and the Albany Municipal Auditorium.

Albany is a great place to live because of its affordable cost of living, mild climate, outdoor recreational opportunities, and growing economy.

Rental Market Trends

Albany, GA

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As of October 2026, Albany's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Albany's average rent is 38.6% ($560) lower than the Georgia average of $1,450 and 51.1% ($929) lower than the U.S. average of $1,819.

Average Rent
$890
Monthly ChangeMonth Over Month Change
Decreased1.2% ($11)
Yearly ChangeYear Over Year Change
Decreased1.9% ($17)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $808 Increased1.4% ($11) Increased1.3% ($10)
2 Beds $892 Decreased0.3% ($3) Increased0.1% ($1)
3 Beds $1,103 Increased0.7% ($8) Increased0.7% ($8)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Albany Rental Market FAQs

Explore rental prices, market conditions, and affordability in Albany, GA.

The average rent in Albany, GA is $890 per month.
In Albany, the average rent for a 1-bedroom home is $808 per month, for a 2-bedroom home, $892 per month, and a 3-bedroom home is $1,103 per month.
The average rent in Albany is 51.1% ($929) lower than the national average of $1,819 per month.
The rental market in Albany, GA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $35,680 to comfortably afford a 2-bedroom home in Albany.
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