Home prices
The value of the median home in Albany is $78,900. Compared to its nearby areas this is about $33,500 (73%) higher.Compared to the entire nation it is approximately $138,600 (63%) lower, and compared to the city of Abilene is approximately $41,500 (34%) lower.
Rents
Albany's median rent is $592 a month. Compared to its surrounding areas this is roughly $16 (2%) lower.Compared to the country as a whole it is approximately $470 (44%) lower, and compared to the city of Abilene is roughly $332 (35%) lower.
Nearby places
Moran
Moran is about 14 miles southeast from Albany. Its housing prices are significantly less expensive. The value of the median home in Moran is $33,000, which is $45,900 (139%) lower than Albany. Rents there are somewhat less expensive. In Moran the median monthly rent is $558, which works out to $34 (6%) lower than Albany.
Lueders
Lueders is about 17 miles west from Albany. Housing prices there are substantially less expensive. The median home in Lueders is valued at $27,000, which works out to $51,900 (192%) lower than Albany. Rent there is a lot less expensive. The median rent in Lueders is $375 per month, which is $217 (57%) lower than Albany.
Breckenridge
Breckenridge is about 19 miles east of Albany. Its real estate prices are a bit less expensive. The median home value in Breckenridge is $66,900, which works out to $12,000 (17%) lower than Albany. The rent there is a bit more expensive. Breckenridge's median rent is $715 per month, which works out to $123 (17%) higher than Albany.
Woodson
Woodson is about 24 miles northeast from Albany. Its real estate prices are a lot less expensive. The value of the median home in Woodson is $31,600, which comes out to $47,300 (149%) lower than Albany. Its rents are somewhat more expensive. Woodson's median monthly rent is $775, which comes out to $183 (23%) higher than Albany.
Baird
Baird is about 25 miles south from Albany. Housing prices there are a little less expensive. The median home in Baird costs $68,500, which comes out to $10,400 (15%) lower than Albany. Rent there is similar. The median monthly rent in Baird is $618, which is $26 (4%) higher than Albany.