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 $150,672, lower than the Texas average of $235,268.
The average cost of rent is $1,115/mo in Albany, primarily driven by the current value of real estate in the Albany area. While nearly 61.75% of residents own their homes outright in Albany, 12.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albany is $5,173 per month. Households that rent pay about 21.56% of their income on rent here. Albany's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Eolian, TX: equally priced homes
- Lueders, TX: less expensive homes
- South Hanlon, TX: equally priced homes
- Crystal Falls, TX: higher priced homes
- Breckenridge, TX: less expensive homes
- Harpersville, TX: equally priced homes
- Nugent, TX: less expensive homes
- Necessity, TX: equally priced homes
- Funston, TX: equally priced homes
- Truby, TX: less expensive homes
Cities with Similar Populations
- Toadvine, AL: less expensive homes
- Santa Rosa, NM: less expensive homes
- Coffeeville, MS: less expensive homes
- Winton, NC: less expensive homes
- Van Buren, ME: less expensive homes
- Sattler, TX: higher priced homes
- McBean, GA: less expensive homes
- Dawson, MN: less expensive homes
- Cowan, TN: less expensive homes
- Beech Creek, PA: equally priced homes
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