Albany housing market
Typical home value
$168K
▲ 3.9% 1 yr
Typical rent
$1,077/mo
▲ 4.0% 1 yr
12-month forecast
+1.9%
#298 of 546 metros
Gross rent yield
7.7%
#66 of 546 · U.S. 6.3%
Days to pending
65 days
▲ +5 days 1 yr
Listings with a price cut
22%
▲ +0.9 pts 1 yr
Key takeaways
- 1The typical home is worth $167,544, up 3.9% in a year and up 31% over five years.
- 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,077/mo (+4.0% YoY), a 7.7% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $921/mo in principal and interest, $156 less than renting.
- 5Homes go under contract in 65 days (+5 days vs last year); 22% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 42/100, #251 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Albany compares
| Measure | Albany | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.9% | +1.2% | #132 |
| Home value, 5-yr change | +31.1% | +19.7% | |
| 12-month forecast | +1.9% | +1.1% | #298 |
| Rent, 1-yr change | +4.0% | +2.7% | #196 |
| Gross rent yield | 7.7% | 6.3% | #66 |
| Price-to-rent ratio | 13.0 | 15.8 | |
| Mortgage P&I on typical home | $921 | $2,012 | |
| Income needed to buy | $51,659 | $100,902 | |
| Days to pending | 65 | 56 |
Cities in the Albany metro
2 cities with home value and rent data.
Run the numbers
Rental property calculator
Cash flow on a typical Albany rental ($168K, $1,077/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Albany home.
Rent vs buy
Is it cheaper to rent or buy in Albany?
Other Georgia metros
Atlanta, GA
$376K home$1,843 rent5.9% yield
▼ 1.5% 1 yr
Augusta, GA
$250K home$1,464 rent7.0% yield
▲ 2.9% 1 yr
Savannah, GA
$340K home$1,771 rent6.2% yield
▼ 2.7% 1 yr
Columbus, GA
$210K home$1,353 rent7.7% yield
▲ 3.8% 1 yr
Macon, GA
$197K home$1,212 rent7.4% yield
▲ 3.1% 1 yr
Athens, GA
$367K home$1,776 rent5.8% yield
▲ 1.8% 1 yr
Gainesville, GA
$386K home$1,701 rent5.3% yield
▼ 1.3% 1 yr
Warner Robins, GA
$254K home$1,505 rent7.1% yield
▲ 2.9% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.