Last updated
Average Rent in Albany 31707 & Rent Trends
Rent prices and market trends across 12 apartment communities in Albany 31707, Albany, GA. Updated daily.
Market Average
$1,861/mo
▲ +28.1% from last month
Lowest Available
$600/mo
cheapest unit on market
Communities
12
tracked daily
Units Listed
113
available now
Price Cuts This Week in Albany 31707
21 listed units across 1 building in Albany 31707 dropped their asking rent in the past 7 days, an average cut of $462/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Miller Apartments | Unit 14 | $3,660 | $1,895 | $1,765 |
| Miller Apartments | Unit 15 | $3,470 | $2,179 | $1,291 |
| Miller Apartments | Unit 46 | $3,266 | $2,100 | $1,166 |
| Miller Apartments | Unit 13 | $3,736 | $2,980 | $756 |
| Miller Apartments | Unit 51 | $2,855 | $2,100 | $755 |
| Miller Apartments | Unit 48 | $3,383 | $2,629 | $754 |
| Miller Apartments | Unit 11 | $3,117 | $2,447 | $670 |
| Miller Apartments | Unit 53 | $3,249 | $2,635 | $614 |
Albany 31707 vs Albany, GA Average
Albany 31707 is more expensive than the Albany, GA average by $111/mo (6%). The citywide average is $1,750/mo across all neighborhoods.
Is Rent Going Up or Down in Albany 31707?
As of August 2026, the average rent in Albany 31707 is $1,861 per month across 12 apartment communities and 113 available units. Rents have increased $299 (28.1%) over the past month.
The most affordable option is Windsor Apartments starting at $600/mo. By unit type, a studio averages $2,582/mo, a 1-bedroom averages $1,769/mo, a 2-bedroom averages $1,996/mo, a 3-bedroom averages $1,683/mo, a 4-bedroom averages $5,135/mo.
Prices range from $600 to $5,872 per month. The most common price point is the $800 range, where 41 units are currently listed.
Albany 31707 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,026 | - | 9 |
| July 2026 | $1,087 | +$61 | 12 |
| August 2026 | $1,163 | +$76 | 12 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Albany 31707
Rent Prices by Apartment in Albany 31707
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Windsor Apartments | $600/mo | $725/mo | 6 | 3.5 |
| Westwood Apartments | $717/mo | $872/mo | 36 | 2.2 |
| Sawyer Point Apartments | $730/mo | $871/mo | 4 | 4.8 |
| Blakely Place Apartments | $740/mo | $855/mo | 3 | 4.6 |
| Friar Tuck Apartments | $775/mo | $853/mo | 2 | 3.7 |
| Shoreham Apartments | $800/mo | $800/mo | 2 | 4.1 |
| Pointe North Apartments | $805/mo | $1,158/mo | 6 | 4.6 |
Frequently Asked Questions About Rent in Albany 31707
What is the average rent in Albany 31707?
Is rent going up or down in Albany 31707?
What is the cheapest apartment in Albany 31707?
How much is a 1-bedroom apartment in Albany 31707?
How many apartments are available in Albany 31707?
What salary do I need to live comfortably in Albany 31707?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$74,000/year
Based on the 30 percent rule, using our tracked average rent of $1,861/mo.
Comfortable income
$89,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($600/mo), you need to earn at least $24,000/year.
Median household income in Albany 31707 is $45,201 , about 49% below the comfortable-living threshold.
Cost of living in Albany 31707
Overall prices in Albany 31707 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 31707's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,861 |
| Utilities | $215 |
| Groceries | $520 |
| Transportation | $513 |
| Healthcare | $250 |
| Other goods and services | $400 |
| Estimated total | $3,760/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.
Google Search Trends for Albany 31707 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Albany 31707 Apartments
Browse all 12 communities with daily-updated pricing and availability.