Sign In Register

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
59%
41%
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 Market99
Sale-to-List Ratio1.0%
Price Drops27.5%
Homes Sold43
Active Inventory149
Price Per Sq Ft$271

Ownership & Stock

Owner-Occupied59.4%
Renter-Occupied40.6%
Homeownership Rate59.4%
Total Housing Units22,357
Median Year Built1980
Rent Burden31.6%