salaryRent is lower than in 83% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 19.7 minutes. Most households rent (62%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $43,320 a year. That is $21 an hour at a full-time job.
Is rent cheaper than other Georgia cities?
Yes. Rent here is cheaper than in most of Georgia. It is number 32 of 168 cities from cheapest to most expensive.
How much do households earn in Albany?
Share of households by yearly income. 9.6% of households earn $100,000 or more.
Rent by apartment size in Albany
| Size | Albany | U.S. average |
|---|---|---|
| Studio | $791 | $1,338 |
| 1 bedroom | $789 | $1,324 |
| 2 bedrooms | $928 | $1,509 |
| 3 bedrooms | $1,143 | $1,698 |
| 4 bedrooms | $1,420 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Albany overall?
Everyday prices in the Albany metro area are 12% below the U.S. average (index 87.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Albany
Life in Albany
What jobs pay in Albany
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $130,700 | 9.9% |
| Software Developer | $124,230 | 10.5% |
| Physician Assistant | $122,170 | 10.6% |
| Nurse Practitioner | $118,370 | 11.0% |
| Lawyer | $103,510 | 12.6% |
| Computer Systems Analyst | $99,040 | 13.1% |
| Operations Manager | $85,380 | 15.2% |
| Registered Nurse | $80,390 | 16.2% |
| Dental Hygienist | $79,230 | 16.4% |
| Civil Engineer | $75,890 | 17.1% |
| Accountant | $73,980 | 17.6% |
| Market Research Analyst | $58,550 | 22.2% |
| Licensed Practical Nurse | $58,310 | 22.3% |
| Truck Driver | $57,050 | 22.8% |
| Electrician | $56,160 | 23.1% |
| Police Officer | $53,710 | 24.2% |
| HVAC Technician | $48,320 | 26.9% |
| Plumber | $47,700 | 27.2% |
| Firefighter | $46,540 | 27.9% |
| Carpenter | $38,400 | 33.8% |
| Medical Assistant | $37,000 | 35.1% |
| Warehouse Worker | $35,360 | 36.8% |
| Nursing Assistant | $35,260 | 36.9% |
| Customer Service Representative | $33,190 | 39.2% |
| Restaurant Cook | $29,150 | 44.6% |
| Retail Salesperson | $28,660 | 45.3% |
| Cashier | $27,090 | 48.0% |
| Server (Waiter/Waitress) | $18,330 | 70.9% |
Is it cheaper to rent or buy in Albany?
Buying is cheaper month to month: about $221 a month less than renting.
Owning assumes a typical $124,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,430 for the down payment.
Frequently asked questions
What is the average rent in Albany, GA?
Renting in Albany costs a median of about $1,083 a month in 2026, including utilities. The Georgia median is $1,667.
How much do I need to make to live in Albany?
To keep rent under 30% of income, you need about $43,320 a year, or $21 an hour at a full-time job.
Is Albany cheap or expensive?
Albany is rated OK: rent takes 25.5% of the typical household income of $50,948. It ranks 32nd cheapest of 168 Georgia cities we track.
How much are property taxes in Albany?
The median homeowner in Albany pays $1,694 a year in property taxes, about 1.36% of the median home value.
Is Albany more expensive than the national average?
Overall prices in the metro area are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Albany?
The median home value in Albany is $124,300, about 2.4 times the typical yearly household income.
67,224 people live in Albany. Numbers are typical (middle) values.