Home prices
Albany's median home cost is $64,300. Compared to nearby areas it is about $23,240 (26%) lower.It is about $153,200 (70%) lower compared to the United States as a whole, and in comparison to the city of Knoxville is approximately $72,000 (52%) lower.
Rents
In Albany the median rent is $390 a month. It is about $12 (3%) lower compared to other places in this area.It is about $672 (63%) lower compared to the country as a whole, and it is about $455 (53%) lower compared to the city of Knoxville.
Nearby places
Byrdstown
Byrdstown is about 8 miles south from Albany. Its housing prices are a little more expensive. The median home in Byrdstown costs $80,000, which is $15,700 (19%) higher than Albany. The rent there is a little less expensive. The median monthly rent in Byrdstown is $334, which works out to $56 (16%) lower than Albany.
Burkesville
Burkesville is approximately 13 miles northwest of Albany. The real estate prices there are somewhat more expensive. The value of the median home in Burkesville is $75,300, which works out to $11,000 (14%) higher than Albany. Its rents are somewhat less expensive. Burkesville's median rent is $335 a month, which is $55 (16%) lower than Albany.
Monticello
Monticello is roughly 17 miles northeast from Albany. The housing prices there are a lot more expensive. The price of the median home in Monticello is $98,300, which is $34,000 (34%) higher than Albany. The rent there is somewhat more expensive. In Monticello the median rent is $525 a month, which is $135 (25%) higher than Albany.
Celina
Celina is about 20 miles southwest from Albany. Real estate prices there are substantially more expensive. The value of the median home in Celina is $116,500, which comes out to $52,200 (44%) higher than Albany. Rent there is pretty similar. The median rent in Celina is $406 per month, which comes out to $16 (3%) higher than Albany.
Jamestown
Jamestown is approximately 20 miles southeast of Albany. Real estate prices there are fairly similar. The median home price in Jamestown is $67,600, which is $3,300 (4%) higher than Albany. Rents there are a little more expensive. In Jamestown the median rent is $411 a month, which works out to $21 (5%) higher than Albany.
