Albany is the 67th largest multifamily market with 56,211 completed units and 16,566 units in development, 2,272 of which have already broken ground, as of June 2022.
Albany Housing Market – June 2022
New lease asking rents are at $1,419, up 9.1%▲
from the previous year placing Albany at 104th
overall in year-over-year rent growth.
Albany Housing Market – May 2022
New lease asking rents are at $1,401, up 8.4%▲
from the previous year placing Albany at 109th
overall in year-over-year rent growth.
Albany Housing Market – April 2022
New lease asking rents are at $1,390, up 8.0%▲
from the previous year placing Albany at 108th
overall in year-over-year rent growth.
Albany Housing Market – March 2022
New lease asking rents are at $1,380, up 8%▲
from the previous year placing Albany at
109th overall in year-over-year rent growth.
Albany Housing Market – February 2022
New lease asking rents are at $1,368, up 7.2%▲
from the previous year placing Albany at 111th
overall in year-over-year rent growth.
Albany Housing Market – January 2022
New lease asking rents are at $1,366, up 7.2%▲
from the previous year placing Albany at 111th
overall in year-over-year rent growth.
Albany Multifamily Market Summary – December 2021
New lease asking rents are at $1,350, up 6.5%▲
from the previous year placing Albany at 109th
overall in year-over-year rent growth.
