Albany, GA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Albany short-term rental market based on reliable data.

Listings

143 / 309

Reliable / Active

Cap Rate

19%

Middle-Earners Gross Yield

Revenue

$23,593

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$126,572

Median Home Sale Price

Top Earners

$41,348

Top-Earners Revenue

Albany

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Albany.

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C

Challenging to Investors

Albany Regulations

Short-term rentals are not clearly regulated locally: Albany’s zoning, permitting, caps and enforcement are unknown, forcing investors to seek permissions and risk evolving rules, while state tax/fee compliance is clear.

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About Albany

Albany ( awl-BI-nee) is a city in the U.S. state of Georgia. Located on the Flint River, it is the seat of Dougherty County, and is the sole incorporated city in that county. Located in Southwest Georgia, it is the principal city of the Albany metropolitan area. The city's population was 68,089 in 2020.It became prominent in the nineteenth century as a shipping and market center, first served by riverboats. Scheduled steamboats connected Albany with the busy port of Apalachicola, Florida. They were replaced by railroads. Seven lines met in Albany, and it was a center of trade in the Southeast. Albany is part of the Black Belt, the extensive area in the Deep South of cotton plantations. From the mid-20th century, it received military investment during World War II and after, that helped develop the region. Albany and this area were prominent during the civil rights era, particularly during the early 1960s as activists worked to regain voting and other civil rights. Railroad restructuring and reduction in the military here caused job losses, but the city has developed new businesses.

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