Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Albany area can be challenging. Home prices in Albany are now at a median cost of $86,456, lower than the Missouri average of $194,908.
The average cost of rent is $491/mo in Albany, primarily driven by the current value of real estate in the Albany area. While nearly 49.08% of residents own their homes outright in Albany, 24.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albany is $3,599 per month. Households that rent pay about 13.63% of their income on rent here. Albany's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Darlington, MO: higher priced homes
- Carmack, MO: higher priced homes
- Gentryville, MO: higher priced homes
- New Hampton, MO: higher priced homes
- Denver, MO: higher priced homes
- Gentry, MO: higher priced homes
- McFall, MO: higher priced homes
- Stanberry, MO: higher priced homes
- Ford City, MO: higher priced homes
- Worth, MO: higher priced homes
Cities with Similar Populations
- Richwood, WV: less expensive homes
- Arcade, GA: higher priced homes
- Gallatin Gateway, MT: higher priced homes
- Hoboken, AL: higher priced homes
- Spout Spring, VA: higher priced homes
- Logansport, LA: higher priced homes
- McGregor, MN: higher priced homes
- Orondo, WA: higher priced homes
- Groveton, NH: higher priced homes
- Kila, MT: higher priced homes
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