2026 Affordability Data
Most Affordable Neighborhoods in Albany - 2026 Data
The median home value in Albany is $321,600, 14% above nat'l avg. Median rent is $719/month. With an affordability index of 89, Albany is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Albany, OR area.
Key Takeaways: Affordability in Albany
- 1The most affordable neighborhood in Albany is Independence, with a median home value of $302,300.
- 2Albany's median home value is $321,600, 14% above nat'l avg (national: $281,900).
- 3Albany's affordability index is 89 (baseline 100), making it less affordable than the national average.
- 4Median rent in Albany is $719/month, 38% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Albany to find the most affordable areas based on home values, rent, and affordability index.
Albany Affordability Overview
Median Home Value
$321,600
14% above nat'l avg
Median Rent
$719/mo
38% below nat'l avg
Median Income
$69,777
6% below nat'l avg
Affordability Index
89
11% below nat'l avg
Most Affordable Neighborhoods in Albany (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | IndependenceOR | $302,300 |
| 2 | TualatinOR | $548,900 |
| 3 | MonmouthOR | $343,900 |
| 4 | SilvertonOR | $406,000 |
| 5 | TigardOR | $525,100 |
| 6 | Lake OswegoOR | $825,000 |
| 7 | HillsboroOR | $452,300 |
| 8 | CorneliusOR | $379,400 |
| 9 | SandyOR | $435,100 |
| 10 | SpringfieldOR | $293,200 |
| 11 | OntarioOR | $174,900 |
| 12 | CorvallisOR | $436,000 |
| 13 | NewportOR | $373,400 |
| 14 | GreshamOR | $411,700 |
| 15 | West LinnOR | $677,500 |
Detailed Neighborhood Profiles
Home Value: $302,300
Rent: $719/mo
Affordability: 89
Population: 9,981
Home Value: $548,900
Rent: $719/mo
Affordability: 89
Population: 27,804
Home Value: $343,900
Rent: $719/mo
Affordability: 89
Population: 11,054
4
Home Value: $406,000
Rent: $719/mo
Affordability: 89
Population: 10,439
5
Home Value: $525,100
Rent: $719/mo
Affordability: 89
Population: 55,161
6
Home Value: $825,000
Rent: $719/mo
Affordability: 89
Population: 40,457
7
Home Value: $452,300
Rent: $719/mo
Affordability: 89
Population: 106,612
8
Home Value: $379,400
Rent: $719/mo
Affordability: 89
Population: 13,245
9
Home Value: $435,100
Rent: $719/mo
Affordability: 89
Population: 12,592
10
Home Value: $293,200
Rent: $719/mo
Affordability: 89
Population: 61,740
11
Home Value: $174,900
Rent: $719/mo
Affordability: 89
Population: 11,610
12
Home Value: $436,000
Rent: $719/mo
Affordability: 89
Population: 60,050
13
Home Value: $373,400
Rent: $719/mo
Affordability: 89
Population: 10,319
14
Home Value: $411,700
Rent: $719/mo
Affordability: 89
Population: 113,525
15
Home Value: $677,500
Rent: $719/mo
Affordability: 89
Population: 27,167
Frequently Asked Questions About Affordability in Albany
What is the most affordable neighborhood in Albany, OR?▾
Based on 2026 data, Independence is the most affordable neighborhood in Albany with a median home value of $302,300. Kurby analyzed 15 neighborhoods in the Albany area to compile these rankings.
What is the median home price in Albany, OR?▾
The median home price in Albany is $321,600, which is 14% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Albany affordable compared to the national average?▾
Albany has an affordability index of 89, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Albany, OR?▾
The median monthly rent in Albany is $719. This is 38% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Albany?▾
The median household income in Albany is $69,777 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Albany are below the national average home price?▾
1 out of 15 ranked neighborhoods in Albany have a median home value below the national average of $281,900. The most affordable is Ontario at $174,900 (Source: Kurby, 2026).