Home prices
The median home in Albany costs $155,900. It is approximately $11,900 (8%) higher in comparison to nearby areas.It is approximately $61,600 (28%) lower in comparison to the rest of the country, and in comparison to the city of St. Cloud it is is very similar.
Rents
Albany's median rent is $493 per month. In comparison to its nearby areas this is about $145 (22%) lower.In comparison to the country as a whole it is roughly $569 (53%) lower, and is roughly $309 (38%) lower compared to the city of St. Cloud.
Nearby places
Avon
Avon is about 4 miles east of Albany. Its real estate prices are a little more expensive. The median home in Avon is valued at $174,900, which works out to $19,000 (10%) higher than Albany. Its rents are significantly more expensive. Avon's median rent is $770 a month, which works out to $277 (35%) higher than Albany.
Freeport
Freeport is about 5 miles northwest of Albany. The housing prices there are fairly similar. The median home in Freeport costs $158,400, which works out to $2,500 (1%) higher than Albany. Its rents are a little more expensive. In Freeport the median monthly rent is $633, which is $140 (22%) higher than Albany.
Holdingford
Holdingford is roughly 7 miles northeast from Albany. Its real estate prices are somewhat less expensive. The value of the median home in Holdingford is $125,000, which works out to $30,900 (24%) lower than Albany. Rent there is a little more expensive. In Holdingford the median monthly rent is $614, which works out to $121 (19%) higher than Albany.
St. Martin
St. Martin is about 8 miles southwest from Albany. The housing prices there are a bit less expensive. The median home in St. Martin is valued at $130,700, which is $25,200 (19%) lower than Albany. Its rents are substantially less expensive. St. Martin's median monthly rent is $300, which comes out to $193 (64%) lower than Albany.
Melrose
Melrose is about 10 miles west from Albany. Its housing prices are a little less expensive. Melrose's median home value is $131,000, which works out to $24,900 (19%) lower than Albany. Its rents are substantially more expensive. Melrose's median rent is $873 a month, which comes out to $380 (43%) higher than Albany.