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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 $263,931, lower than the Wisconsin average of $280,373.
The average cost of rent is $964/mo in Albany, primarily driven by the current value of real estate in the Albany area. In Albany, 18.73% of households rent, and 36.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albany is $7,814 per month. Households that rent pay about 12.34% of their income on rent here. Albany’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Attica, WI: higher priced homes
- Magnolia, WI: higher priced homes
- Brodhead, WI: less expensive homes
- Evansville, WI: higher priced homes
- Dayton, WI: higher priced homes
- Union, WI: higher priced homes
- Monticello, WI: equally priced homes
- Juda, WI: equally priced homes
- Brooklyn, WI: higher priced homes
- Twin Grove, WI: less expensive homes
Cities with Similar Populations
- Voluntown, CT: higher priced homes
- Herald, CA: higher priced homes
- Atlanta, MI: less expensive homes
- Drew, MS: less expensive homes
- Kendall, NY: less expensive homes
- Nokomis, IL: less expensive homes
- Westfield, PA: less expensive homes
- Dubach, LA: less expensive homes
- Pontiac, SC: higher priced homes
- Harleton, TX: less expensive homes
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