Average Rent in Albany, GA

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Current Versus Historical Albany, GA Rents

Albany rentals average $710 for a 2-bedroom rental to $885 for a 3-bedroom rental. The median price of all currently available listings is $880, or roughly $9 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,200 to $2,200. 1-bedroom rentals prices have decreased by $77 (-11.38%) year-over-year from $677 to $600. 2-bedroom rentals prices have increased by $105 (20.00%) year-over-year from $525 to $630. 3-bedroom rentals prices have increased by $13 (1.43%) year-over-year from $873 to $885. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $950 to $950. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 2.70% this month. 2-bedroom rents have gone down by 8.03% this month. 3-bedroom rents have gone down by 27.85% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $9.72 $630 $525 (20.00%) $783 (-19.57%)
3 BR $8.30 $885 $873 (1.43%) $895 (-1.12%)

Historical Rents in Albany, GA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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Frequently Asked Questions - Albany Average Rents

What is the average rent price in Albany, GA?
The average monthly rental price for Albany, GA apartments for rent is approximately $880. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Albany, GA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Albany, GA.
How much is a two bedroom apartment in Albany, GA?
The average monthly rental price for two bedroom apartments is $710 and an average price per square feet of $9.72. There are a total of 3 two bedroom apartment listings currently available for rent in Albany.
How have rent prices in Albany, GA changed this year?
Rent prices for rentals in Albany, GA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.20%, three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Albany, GA?
A reasonable rent price in Albany, GA is around $704/month. You can search for these reasonably priced rental listings on RentHop.
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