Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Living in Albany, GA
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
As of June 2026, Albany's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Albany's average rent is 40.3% ($614) lower than the Georgia average of $1,523 and 49.4% ($888) lower than the U.S. average of $1,797.
Average Rent
$909
Monthly ChangeMonth Over Month Change
0.3% ($3)
Yearly ChangeYear Over Year Change
6.6% ($56)
Avg. Days on MarketAverage Days on Market
62
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $780 | 0.6% ($5) | 10.2% ($72) |
| 2 Beds | $904 | 1.3% ($12) | 9.8% ($81) |
| 3 Beds | $1,002 | 0.5% ($5) | 3.7% ($36) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Albany Rental Market FAQs
Explore rental prices, market trends, and availability in Albany, GA.
The average rent in Albany, GA is $909 per month.
Apartments in Albany typically rent for between $600 and $1,303 per month, with an average of $909 per month.
In Albany, the average rent for a 1-bedroom apartment is $780 per month, for a 2-bedroom apartment, $904 per month, and a 3-bedroom apartment is $1,002 per month.
The average rent in Albany is 49.4% ($888) lower than the national average of $1,797 per month.
The average rent in Albany has increased by 0.3% ($3) in the last month and increased by 6.6% ($56) over the past year.
The rental market in Albany, GA, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Albany, GA, the average rental stays on the market for approximately 62 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 50 rental properties available in Albany, GA.
Based on the current averages, a household would need an annual income of $36,160 to comfortably afford a 2-bedroom apartment in Albany.
