Studio Apartments for Rent in Albany, GA

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Starting at $760 Per Month
- Studio - 1 Bed
249 Pine Ave, Albany, GA 31701

Albany’s next level living is finally here! The Flats at 249, Downtown Albany’s premier residential loft community, is now leasing. The 67-unit complex offers six distinct floorplans that offer residents great flexibility in how their space is utilized. Each Studio and 1- Bedroom loft apartment is designed with historic charm and modern elegance. All units feature a 55” Roku TV, quartz

The Flats at 249 Downtown

249 Pine Ave, Albany, GA 31701
Explore Albany

Georgia Dougherty County

Why Live in Albany

Often called “The Good Life City,” Albany sits along the Flint River in southwest Georgia. Small-town living here comes with a mix of history, culture and outdoor space. Albany, with a population of around 70,000, is surrounded by farmland and serves as the heart of Dougherty County, with major employers like the Marine Corps Logistics Base, Procter & Gamble, healthcare systems and local schools. The Flint River and Chehaw Park, an 800-acre nature preserve and zoo, offer outdoor recreation. Downtown attractions include the Flint RiverQuarium, Albany Museum of Art and Civil Rights Institute. Housing ranges from early 20th-century homes in the Albany Historic District to contemporary new builds in neighborhoods like St. Andrews, with home prices well below the Georgia average. Albany State University and Albany Technical College anchor higher education, and U.S. Highway 82, nearby I-75 and Southwest Georgia Regional Airport connect the city to Atlanta, Tallahassee and Montgomery.

Learn more about living in Albany

Frequently Asked Questions

How much does it cost to rent a home in Albany, GA?

The median rent for a home in Albany, GA is $1,045 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.

How much do you need to make to afford rent in Albany, GA?

To comfortably afford the median rent in Albany, GA, a household needs to earn roughly $41,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,045 per month in Albany, GA, renters typically need to show $3,135 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Albany, GA?

In Albany, GA, the price-to-rent ratio is 14.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Albany, GA

There are currently 1 homes available for rent in Albany, GA. The median rent is $1,045 per month, with single-family homes renting at $1,200, townhouses at $1,043 and condos at $900.

Rental Home Trends

Number of Homes for Rent 1	Median Rent $1,045
Median Single Family Home Rent $1,200	Median Townhouse Rent $1,043
Median Condo Rent $900

How to Rent a Home

Rentals in Albany

Homes for Rent by Bedrooms in Albany

Rentals by Price in Albany

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