Albany, Georgia is an attractive city for renters due to its affordable housing, diverse neighborhoods, and ample amenities. Located in Southwest Georgia, Albany is the 7th largest city in the state and has a population of around 80,000 people.
The rental market in Albany is varied, with many options to choose from. The average rent in the city is around $700 per month, making it one of the more affordable cities in Georgia. There are a range of housing options available, from single-family homes and condos to townhomes and apartment complexes.
When it comes to schools, Albany has a great selection of both public and private options. The top-rated public schools in the city include Albany High School, Robert Cross Middle School, and Dougherty County Elementary School. The top-rated private schools include Sherwood Christian Academy and Calvary Christian Academy.
There are several neighborhoods in Albany that are popular with renters. These include East Albany, Westover, and Radium Springs. Each of these neighborhoods has its own unique character and amenities, making them attractive to different types of renters.
When it comes to safety, Albany is generally considered a safe city. The overall crime rate is lower than the national average
The average rental prices of each type of property in Albany, GA, as of October 2020, are as follows:
Apartment: $832
Townhouse: $917
Condo: $851
Loft: $1,093
Single Family Home: $1,133
Over the last five years, rental prices in Albany, GA have steadily risen. According to data from Rent Jungle, the median rent for a one-bedroom apartment in Albany was $600 in 2015, and has since increased to $640 in 2020. Two-bedroom apartments saw a similar increase, rising from $700 in 2015 to $740 in 2020. On a month-to-month basis, rental prices in Albany have fluctuated slightly over the past five years, but overall trend has been upwards.
The median rental price for 1-bedroom apartments in Albany, GA is $650 per month. The median rental price for 2-bedroom apartments in Albany, GA is $795 per month. The median rental price for 3-bedroom apartments in Albany, GA is $995 per month.
Albany, GA is part of the Dougherty County School System, which serves over 15,000 students. The district has an overall graduation rate of 78.6%, higher than the national average of 84%. The district also has a higher than average rate of suspensions, with 6.2% of students being suspended in the 2018-19 school year. The district's per-pupil expenditure is slightly below the national average, at $9,742 compared to the national average of $12,201. The district also has a lower than average teacher-student ratio of 16.6 students per teacher, compared to the national average of 16.1.
1. Downtown
2. Radium Springs
3. Westover
4. East Albany
5. Lake Park
1. West Lake
2. Wynfield
3. River Point
4. Quail Ridge
5. Lakewood Heights