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 $149,938, lower than the Ohio average of $181,280.
The average cost of rent is $790/mo in Albany, primarily driven by the current value of real estate in the Albany area. While nearly 50.66% of residents own their homes outright in Albany, 23.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albany is $5,572 per month. Households that rent pay about 14.18% of their income on rent here. Albany's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Carpenter, OH: equally priced homes
- Pleasanton, OH: equally priced homes
- Dyesville, OH: equally priced homes
- Harrisonville, OH: less expensive homes
- New Marshfield, OH: less expensive homes
- Athens, OH: higher priced homes
- Prattsville, OH: less expensive homes
- Shade, OH: equally priced homes
- The Plains, OH: higher priced homes
- Hamley Run, OH: equally priced homes
Cities with Similar Populations
- Millinocket, ME: less expensive homes
- Hometown, IL: less expensive homes
- Utica, OH: higher priced homes
- New London, OH: less expensive homes
- Tama, IA: less expensive homes
- Fountain, FL: less expensive homes
- Honokaa, HI: higher priced homes
- Kitty Hawk, NC: higher priced homes
- Lafayette, AL: less expensive homes
- Pearson, GA: less expensive homes
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