Albany, IN rental market

What is the average rent in Albany, IN?

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Last updated October 5, 2026

Rental market summary

The average rent for all bedrooms and all property types in Albany, IN is $750.

Average rent

$750

Month-over-month change

-$450

Year-over-year change

-$150

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $720 to $2,700.

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Rent frequencies
Rent priceNumber of rental properties
$7003
$2,6001
$2,700+1

Average rent price over time

In the last year, rent has decreased by $150 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$900$650
Feb$700$750
Mar$636$950
Apr$1,000$950
May$850$899
Jun$850$800
Jul$1,200$950
Aug$863$950
Sep$750$1,200
Oct$900$750
Nov$750No data
Dec$600No data

Market temperature

The Albany, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Albany, IN is 63% lower than the national average.

Albany, INvs.
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$750

$2,000

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Frequently asked questions

1. What is the average rent in Albany, IN?

The average rent in Albany, IN is $750.

2. What is the average rent for a two-bedroom apartment in Albany, IN?

The average rent for a two-bedroom apartment in Albany, IN is $750 per month.

3. What is the average rent for a three-bedroom apartment in Albany, IN?

The average rent for a three-bedroom apartment in Albany, IN is $720 per month.

4. What is the average rent for a four-bedroom apartment in Albany, IN?

The average rent for a four-bedroom apartment in Albany, IN is $2,700 per month.

5. How much does it cost to rent a house in Albany, IN?

Houses in Albany, IN rent between $720 - $2,700 with an average rent of $750.

6. How has the rent in Albany, IN changed in the last year?

In the last year, the rent in Albany, IN decreased by $150

7. How much has the rent in Albany, IN increased/decreased in the last month?

In the last month, the rent in Albany, IN decreased by $450

8. How many available rentals are there in Albany, IN?

There are currently 4 rentals available in Albany, IN.

9. How do rent prices in Albany, IN compare with the national average?

The average rent in Albany, IN is $750 — 62.5% lower the national average of $2,000.

Zip codes in Albany, IN

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