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Albany, IL

Full City Profile · Illinois · Clinton County County

3.1 /5.0
B Good
783 Population 732/sq mi density
$68,750 Median Income $34,142 per capita
$147,800 Home Value $165,377 Zillow
$721 Median Rent 21.3% income on rent
50°F Avg Temperature 275 sunny days/yr
113 Violent Crime/100K 794 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$68,750 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$147,800 home value, $721/mo rent
F
Safety
1.0 / 5.0
113 violent crimes/100K
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher

Housing Overview

Median Home Value
$147,800
48% below
US avg: $281,900
Median Rent
$721/mo
38% below
US avg: $1,163/mo
Homeownership Rate
90.9%
39% above US avg (65.4%)
Total Housing Units
326
Median year built: 1970

Home Value by Source

Census Median
$147,800
Zillow (ZHVI)
$165,377
Median Sale Price
$93,000
Median List Price
$227,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.9%
Owner-Occupied
9.1%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $721/mo

Market Indicators (Redfin)

Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
42.9%
of listings with price reduction
Price Per Sq Ft
$98
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
90.9%

Complete Housing Data

Home Values

Census Median Value$147,800
Zillow Home Value (ZHVI)$165,377
Median Sale Price$93,000
Median List Price$227,450
Price Per Sq Ft$98

Rent

Census Median Rent$721
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market87
Sale-to-List Ratio1.0%
Price Drops42.9%
Homes Sold2
Active Inventory7
Price Per Sq Ft$98

Ownership & Stock

Owner-Occupied90.9%
Renter-Occupied9.1%
Homeownership Rate90.9%
Total Housing Units326
Median Year Built1970
Rent Burden21.3%