Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Albany city, Oregon?
City · Census ACS 5-Year estimates
The median gross rent in Albany city, Oregon is $1,372/month (±$47), based on Census ACS 5-Year estimates (2024). The median home value is $389,200 (±$9,859), and the median household income is $78,114/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Albany city, Oregon
| Metric | Value |
|---|---|
| Median Gross Rent | $1,372 |
| Median Home Value | $389,200 |
| Median Household Income | $78,114 |
| Total Housing Units | 21,933 |
| Renter-Occupied Units | 9,006 |
| Renter-Occupied Share | 41% |
| Households Paying 50%+ Income | 2,517 households |
How does Albany city, Oregon compare?
Median gross rent ranked against all cities in Oregon.
Higher rent than 62% of cities in Oregon · 113th of 291
| # | City | Value |
|---|---|---|
| 1 | Rivergrove city | $3,501 |
| 2 | Damascus CDP | $2,654 |
| 3 | Running Y Ranch CDP | $2,591 |
| … 109 more … | ||
| 113 | Albany city(you are here) | $1,372 |
| … 175 more … | ||
| 289 | Crane CDP | $436 |
| 290 | Grass Valley city | $337 |
| 291 | Juntura CDP | $275 |
More data for Albany city, Oregon
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Frequently asked questions
What is the average rent in Albany city, Oregon?
The median gross rent in Albany city, Oregon is $1,372/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Albany city, Oregon?
The median rent for a 2-bedroom in Albany city, Oregon is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Albany city, Oregon?
The median home value in Albany city, Oregon is $389,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Albany city are rent-burdened?
In Albany city, Oregon, 2,517 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Albany city, Oregon?
The median household income in Albany city, Oregon is $78,114/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,372 has a margin of error of ±$47. In very small areas, MOEs can be large relative to the estimate.
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