Rental market snapshot for Albany, Oregon

Albany, Oregon Rental Property Market Overview

Albany, Oregon is a city located in the Willamette Valley of the Pacific Northwest. According to the US Census, Albany has a population of 56,828 as of 2021. It is the 11th largest city in Oregon and is a hub for commerce, education, and culture. Albany is home to a variety of attractions, including the Historic Carousel and Museum, the Monteith Riverpark, and the Albany Regional Museum. The city is also known for its vibrant downtown area, which features a variety of shops, restaurants, and entertainment venues.

The average rent for an apartment in Albany is $1,720. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Albany Oregon | Cost of Living

  • The most expensive ZIP code in Albany is 97322 with an average price of $1,673.
  • The cheapest ZIP code in Albany is 97321 with an average price of $1,567.

Albany ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
197322$1,673
297321$1,567

Live near Albany, Oregon's Top Sights and Attractions

Timber Linn Park is a popular outdoor recreation area located in the heart of the Willamette Valley. It features a variety of activities, including a large playground, a disc golf course, a picnic area, and a walking trail. The park also has a large lake, which is perfect for fishing and kayaking. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors, and it is a popular spot for families and friends to gather.

Albany Community Pool is a public outdoor swimming pool located in a scenic area. It features a large pool with a diving board, a kiddie pool, a hot tub, and a snack bar. The pool is open during the summer months and offers a variety of activities, including swimming lessons, water aerobics, and pool parties. The facility also has a playground and picnic area, making it a great spot for families to enjoy a day out.

Periwinkle Creek Bikepath is a scenic, paved bike path that winds along the banks of Periwinkle Creek. It is a popular spot for cyclists, joggers, and walkers, as well as birdwatchers and nature lovers. The path is lined with trees and shrubs, and there are several bridges and benches along the way. The path is also a great place to take in views of the surrounding countryside, including the nearby Willamette River.

Monteith Riverpark Senior Center is a vibrant community center located on the banks of the Willamette River. It offers a wide range of activities and services for seniors, including exercise classes, educational programs, and social events. The center also features a library, computer lab, and a café. The grounds are beautifully landscaped, with walking paths, benches, and picnic tables. The center is a great place to meet new people, stay active, and enjoy the outdoors.

Lexington Park is a picturesque park located in the heart of Albany, Oregon. It features a large pond, a playground, and plenty of open green space for visitors to enjoy. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can take a leisurely stroll along the winding pathways, or enjoy a picnic lunch in the shade of the trees. There are also plenty of benches and tables for visitors to relax and take in the beauty of the park.

Bryant Park is a beautiful park located in the heart of Albany, Oregon. It features a large pond, walking trails, and plenty of open green space for picnicking and relaxing. The park also has a playground for children, a gazebo, and a variety of benches and tables for visitors to enjoy. The park is home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors, enjoying the beauty of nature and the peaceful atmosphere.

Sunrise Park is a beautiful outdoor attraction located in the heart of Oregon. It features a stunning view of the Cascade Mountains, lush green grass, and a variety of trees and plants. Visitors can enjoy a variety of activities such as hiking, biking, fishing, and picnicking. The park also has a playground and a pond for children to explore. There are also several picnic tables and benches for visitors to relax and take in the scenery. Sunrise Park is a great place to spend a day outdoors and enjoy the beauty of nature.

Kinder Park is a large outdoor recreation area located in Albany, Oregon. It features a variety of activities for all ages, including a playground, walking trails, picnic areas, and a large pond. The park also has a disc golf course, a basketball court, and a skate park. The park is well-maintained and offers plenty of shade from the trees. It is a great place to spend a day outdoors with family and friends.

Swanson Park Cool Pool is a public outdoor swimming pool located in a picturesque park setting. It features a large pool with a diving board, a shallow wading pool for children, and a large grassy area for sunbathing and picnicking. The pool is open seasonally and offers a variety of activities such as swimming lessons, water aerobics, and open swim. The park also features a playground, picnic tables, and a walking path.

Gibson Hill Park is a scenic park located in the foothills of the Cascade Mountains. It features a variety of outdoor activities, including hiking, biking, and picnicking. The park also has a playground, a disc golf course, and a large open field for sports and other activities. The park is surrounded by lush forest and offers stunning views of the surrounding mountains and valleys.

Albany, Oregon area median rent change by ZIP code map

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How does Albany compare to other cities in Oregon?

citymedian price
Beaverton$1,710
Forest Grove$1,700
Newberg$1,650
Canby$1,650
Grants Pass$1,595
Keizer$1,550
Seaside$1,500
Klamath Falls$1,200
Pendleton$1,150

Average household income in Albany area graph - US Census

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The median household income in Albany in 2021 was $65,587. This represents a 40.6% change from 2011 when the median was $46,638.

#categorypercent
0Less than $10,0004.0%
1$10,000 to $14,9993.6%
2$15,000 to $19,9993.2%
3$20,000 to $24,9995.3%
4$25,000 to $29,9993.0%
5$30,000 to $34,9995.4%
6$35,000 to $39,9995.8%
7$40,000 to $44,9994.5%
8$45,000 to $49,9995.0%
9$50,000 to $59,9997.7%
10$60,000 to $74,99913.2%
11$75,000 to $99,99914.1%
12$100,000 to $124,99910.8%
13$125,000 to $149,9996.1%
14$150,000 to $199,9994.6%
15$200,000 or more3.5%

Neighborhoods in Albany

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Albany is $1,720.
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