Median rent for residential apartments in Albany, GA as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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23 Albany, GA, USA apartments for rent
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Albany
Albany, GA has a population of 74,892, while the median age is 34. The household income in Albany, GA is around $31,843. The homeownership rate among the residents is 39%. The median residential property value in Albany, GA that you should keep in mind is $101,000.
| Population | 74,892 |
| Median Age | 33.6 |
| Poverty Rate | 33% |
| Household Income | $31,843 |
| Number Of Employees | 27,862 |
| Median Property Value | $101,000 |
Housing Trends
How much is an apartment in Albany, GA, USA
Average apartment rent in Albany: $1,016 (+12.7%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 2-bed apartments | $791 | +19.5% |
| 3-bed apartments | $1,175 | +9.5% |
| 4+ bed apartments | $1,950 | -11.4% |
Over the Jan 2023, the average rent for an apartment in/near Albany, GA increased by 12.7% to $1,016.
The average price for a rental studio in Albany, GA has remained the same as last month and equals $883. Pricing for 2-bed apartment also increased by 19.5% and a place of this size will now cost you $791. 3-bed apartment rent pricing starts at $1,175, it increased by 9.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 11.4% and made it down to $1,950.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Houses for rent | $1,097 | +12% |
| Condos for rent | $773 | +16.1% |
Looking at the median rent price for an apartment in Albany, GA, you can note that it remains flat with a price tag of $883. Statistics show that house rent price increased by 12% this month making it up to $1,097. Condos faced an upward trend these days. The median rent for a condo increased by 16.1%, it’s now available for $773.
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