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Rental Market Trends in Albany, GA

Updated July 2026

What is the average rent in Albany, GA?

$789/month

Average Rent

721 Sq Ft

Average Size

+1.9%

Change / Year

381

Available Apartments

Albany, GA Rental Market Overview

The average rent in Albany, GA is $789 per month. This is 53% lower than the national average rent of $1,662/month, making renting in Albany more affordable than most cities in the US.

  • Studio apartments in Albany average per month.
  • One-bedroom apartments in Albany average $789 per month.
  • Two-bedroom apartments in Albany average $910 per month.
  • Three-bedroom apartments in Albany average $947 or more per month.

Data Updated: July 1, 2026

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$789/month
721 Sq Ft
Two Bedroom
$910/month
1,034 Sq Ft
Three Bedroom
$947/month
1,227 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$756/month
626 Sq Ft
Three Bedroom
$1,069/month
1,048 Sq Ft
Four Bedroom
$1,477/month
1,477 Sq Ft
View Albany Apartments

How much has average rent changed in Albany, GA?

In the past year, rent has increased by 1.9%, which averages out to $16 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Albany, GA

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Albany, GA
Percentage*
Rent Range
24% Below $700/month
63% $700 - $1,000/month
13% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Albany, GA?

Because the average rent in Albany is $789, you’ll want to make about $2,630 per month or $31,560 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Albany, GA is 16.7% lower than the national average. Generally, housing in Albany is 40.4% less expensive than the national average, with rent falling between $0 - $947. You can expect to pay 3.6% less for groceries, 11.3% less for utilities, and 12.0% less for transportation.

City

Albany, GA

381 Available Apartments for Rent

Search for Nearby Apartments

How does Albany, GA compare to other nearby cities and neighborhoods?

Use the tool below to compare Albany, GA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Albany Area Guide

Apartment Averages

Apartment Communities in Albany We Think You'll Love

Windsor Apartments

Windsor Apartments

2030 W Broad Ave 37,
Albany, GA 31707

1-3 Beds | $582 - $950

Pointe River

Pointe River

2707 Pointe North Blvd,
Albany, GA 31721

1-3 Beds | $652 - $1,087

Pearce Point

Pearce Point

600 Holly Dr,
Albany, GA 31705

2-3 Beds | $895 - $995

Princeton Place Apartments

Princeton Place Apartments

539 N Westover Blvd,
Albany, GA 31707

1-3 Beds | $969 - $1,479

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Frequently Asked Questions

What is the average rent in Albany?

The average rent in Albany is $789 per month, which is 52.5% lower than the national average of $1,662.

What is the average rent for a house in Albany?

The average rent for a house in Albany, GA is $1,069 per month.

Are rents going up or down in Albany?

Rents in Albany, GA are increasing, with prices up 1.9% year-over-year and $16 more per month.

What rent range is most common in Albany?

In Albany, GA, 63% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Georgia Albany Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity