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Rental Market Trends in Albany, GA

Updated August 2026

The average rent in Albany, GA is $784/month.

Rent in Albany is 53% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$784/month

Average Rent

721 Sq Ft

Average Size

+1.4%

Change / Year

331

Available Apartments

Albany rent varies by unit size and layout:

  • Studio apartments in Albany average per month.
  • One-bedroom apartments in Albany average $784 per month.
  • Two-bedroom apartments in Albany average $907 per month.
  • Three-bedroom apartments in Albany average $942 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$784/month
721 Sq Ft
Two Bedroom
$907/month
1,034 Sq Ft
Three Bedroom
$942/month
1,227 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$852/month
844 Sq Ft
Three Bedroom
$1,082/month
1,095 Sq Ft
Four Bedroom
$1,468/month
1,560 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$725/month
907 Sq Ft
View Albany Apartments

How much has average rent changed in Albany, GA?

In the past year, rent has increased by 1.4%, which averages out to $12 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Albany, GA

August 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 $784, you’ll want to make about $2,613 per month or $31,356 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 - $942. You can expect to pay 3.6% less for groceries, 11.3% less for utilities, and 12.0% less for transportation.

City

Albany, GA

331 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

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Leesburg

    Leesburg

    Avg Rent: $1,098/month

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

3 Beds | $1,095 - $1,195

Princeton Place Apartments

Princeton Place Apartments

539 N Westover Blvd,
Albany, GA 31707

1-3 Beds | $1,025 - $1,650

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Frequently Asked Questions

What is the average rent in Albany?

The average rent in Albany is $784 per month, which is 52.9% lower than the national average of $1,664.

What is the average rent for a house in Albany?

The average rent for a house in Albany, GA is $1,082 per month.

What is the average rent for a townhome in Albany?

The average rent for a townhome in Albany, GA is $725 per month.

Are rents going up or down in Albany?

Rents in Albany, GA are increasing, with prices up 1.4% year-over-year and $12 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