Affordable & Income-Based Housing in Albany

Affordability

According to Census ACS 5-Year data (as of 2024), the median monthly rent in Albany is $931, against a median household income of $47,240 per year. With 62% of residents renting, affordable housing options play an important role in this community.

Albany has 19 HUD-assisted or income-restricted properties offering 1,574 total units, giving renters a meaningful range of subsidized options to explore.

Safety

According to the Albany Police Department's data reported to the FBI Crime Data Explorer, Albany had a violent crime rate of 945 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

When considering a specific property, HUD inspection scores can offer a useful signal of how well a building is maintained. Of the 19 HUD-assisted properties in Albany, 7 earned an Excellent score and 9 earned a Good score based on HUD inspection data.

Getting Around Albany

According to Walk Score, the areas around Albany's assisted properties have a Walk Score of 42 (Car-Dependent) and a Bike Score of 46, suggesting most errands require a car but some trips can be made by bike. No Transit Score is available for this area. These scores reflect the typical location of assisted properties in Albany, not the city as a whole.

Schools

Albany is served by 22 public schools across 1 district, including 13 elementary, 4 middle, 4 high schools, and 1 other campus, according to NCES Common Core of Data. Quality and programs vary by school, so renters should check the assigned schools for their specific address before applying.

Cost of Renting in Albany, GA

The median household income in Albany is $47,240 per year, according to Census ACS 5-Year estimates. The median asking rent across all rentals in the city is $931 per month, according to the same source.

Affordable and income-based housing can help close the gap for renters whose incomes fall below area limits. Albany has 19 HUD-assisted or income-restricted properties totaling 1,574 units across the city.

Flood and Environmental Exposure

All 19 assisted properties in Albany have been mapped for flood risk. Of those, 1 property falls within a high-risk flood zone. The remaining 18 properties are not designated high-risk based on available flood mapping data.