Albany Fair Market Rent FY 2017 Albany, GA MSA Rental Data

Fair Market Rent prices in Albany are average compared to the national average. This FMR area is more expensive than 69% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Albany is $752 per month.

The previous year, rent for a two-bedroom home was $713 per month. This is a 5.47% increase year-over-year.

This FMR rate applies to Damascus, GA, Leary, GA, Arlington, GA, Newton, GA, Colquitt, GA, Albany, GA and other cities within the region. The Metro Code or CBSA code for this region is METRO10500M10500.

Additionally, This Fair Market Rent (FMR) area Albany, GA MSA spans one county or city in Georgia which is listed in the table below. Estimated population of Albany, GA MSA FMR area is 3,451 people based on latest Census data.

Compared to the rest of Georgia, the Albany FMR area is more expensive than 81% of the state.

Median Rent Prices in Albany

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: