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Average Rent in Albany 31701 & Rent Trends

Rent prices and market trends across 3 apartment communities in Albany 31701, Albany, GA. Updated daily.

Market Average

$901/mo

Lowest Available

$682/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

12

available now

Albany 31701 vs Albany, GA Average

Albany 31701 is the same price as the Albany, GA average . The citywide average is $901/mo across all neighborhoods.

Is Rent Going Up or Down in Albany 31701?

As of July 2026, the average rent in Albany 31701 is $901 per month across 3 apartment communities and 12 available units.

The most affordable option is Oaks Intown starting at $682/mo. By unit type, a studio averages $834/mo, a 2-bedroom averages $969/mo, a 3-bedroom averages $897/mo.

Prices range from $682 to $1,400 per month. The most common price point is the $600 range, where 7 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albany 31701

Studio
$834
from $750 · 5 units
2 Bed
$969
from $682 · 5 units
3 Bed
$897
from $897 · 2 units

Rent Prices by Apartment in Albany 31701

Property Starting at Average Units Rating
Oaks Intown $682/mo $768/mo 5 3.6
The Flats at 249 $750/mo $769/mo 4 3.6
Marsh Landing $1,095/mo $1,298/mo 3 3.8

Frequently Asked Questions About Rent in Albany 31701

What is the average rent in Albany 31701?

The average rent in Albany 31701 is $901 per month as of July 2026, based on 12 units across 3 apartment communities.

Is rent going up or down in Albany 31701?

The current average rent in Albany 31701 is $901/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Albany 31701?

The most affordable apartment in Albany 31701 is Oaks Intown with units starting at $682/mo.

How many apartments are available in Albany 31701?

There are 12 units available across 3 apartment communities in Albany 31701.

What salary do I need to live comfortably in Albany 31701?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$36,000/year

Based on the 30 percent rule, using our tracked average rent of $901/mo.

Comfortable income

$43,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($682/mo), you need to earn at least $27,000/year.

Median household income in Albany 31701 is $45,201 , about 5% above the comfortable-living threshold.

Cost of living in Albany 31701

Overall prices in Albany 31701 runs below the national average by about 14% (BEA Regional Price Parity index 86.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Albany 31701's regional price parities.

Category Monthly estimate
Rent (market average) $901
Utilities $215
Groceries $520
Transportation $513
Healthcare $250
Other goods and services $400
Estimated total $2,800/mo

Population

67,939

Median household income

$45,201

Census median rent

$898/mo

Rent as % of income

31.4%

Median age

35.1

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Albany 31701 Apartments

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