Albany, OR
Full City Profile · Oregon · Benton County County
3.1
/5.0
B
Good
56,773
Population
3,181/sq mi density
$73,809
Median Income
$34,402 per capita
$352,900
Home Value
$432,371 Zillow
$1,311
Median Rent
31.6% income on rent
53°F
Avg Temperature
251 sunny days/yr
127
Violent Crime/100K
2,668 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$73,809 median income, 3.7% unemployment
B+
Affordability
4.0 / 5.0
$352,900 home value, $1,311/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
B
Education
3.3 / 5.0
28.6% bachelor's degree or higher
Housing Overview
Median Home Value
$352,900
25% above
US avg: $281,900
Median Rent
$1,311/mo
13% above
US avg: $1,163/mo
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
22,357
Median year built: 1980
Home Value by Source
Census Median
$352,900
Zillow (ZHVI)
$432,371
Median Sale Price
$424,990
Median List Price
$447,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.4%
Owner-Occupied
40.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent:
$1,311/mo
· Zillow rent:
$1,696/mo
Market Indicators (Redfin)
Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
27.5%
of listings with price reduction
Price Per Sq Ft
$271
Active Inventory
149
homes for sale
Affordability & Housing Stock
Rent Burden
31.6%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
59.4%
Complete Housing Data
Home Values
| Census Median Value | $352,900 |
| Zillow Home Value (ZHVI) | $432,371 |
| Median Sale Price | $424,990 |
| Median List Price | $447,000 |
| Price Per Sq Ft | $271 |
Rent
| Census Median Rent | $1,311 |
| Zillow Rent (ZORI) | $1,696 |
| FMR Studio | $1,051 |
| FMR 1-Bedroom | $1,143 |
| FMR 2-Bedroom | $1,425 |
| FMR 3-Bedroom | $1,963 |
| FMR 4-Bedroom | $2,318 |
Market
| Days on Market | 99 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.5% |
| Homes Sold | 43 |
| Active Inventory | 149 |
| Price Per Sq Ft | $271 |
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 22,357 |
| Median Year Built | 1980 |
| Rent Burden | 31.6% |
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