Home prices
The median home in Albany is valued at $71,400. In comparison to its nearby areas it is about $4,160 (6%) higher.Compared to the United States as a whole it is about $146,100 (67%) lower, and it is about $43,700 (37%) lower compared to the city of Fort Wayne.
Rents
In Albany the median rent is $653 per month. In comparison to nearby areas this is is very similar.In comparison to the rest of the nation it is approximately $409 (38%) lower, and it is about $111 (14%) lower compared to the city of Fort Wayne.
Nearby places
Redkey
Redkey is approximately 4 miles northeast of Albany. The real estate prices there are significantly less expensive. The median home in Redkey is valued at $53,800, which comes out to $17,600 (32%) lower than Albany. Rents there are a little less expensive. Redkey's median rent is $583 per month, which is $70 (12%) lower than Albany.
Dunkirk
Dunkirk is approximately 4 miles north of Albany. Real estate prices there are somewhat less expensive. The cost of the median home in Dunkirk is $63,500, which works out to $7,900 (12%) lower than Albany. Rent there is a bit more expensive. The median rent in Dunkirk is $691 a month, which works out to $38 (5%) higher than Albany.
Eaton
Eaton is roughly 5 miles west from Albany. The housing prices there are somewhat less expensive. The median home in Eaton is valued at $65,600, which comes out to $5,800 (8%) lower than Albany. The rent there is somewhat more expensive. Eaton's median monthly rent is $759, which works out to $106 (13%) higher than Albany.
Parker City
Parker City is roughly 7 miles south from Albany. The housing prices there are fairly similar. The median home in Parker City is valued at $71,600, which is very similar to Albany. Rent there is fairly similar. Parker City's median rent is $664 per month, which is $11 (1%) higher than Albany.
Selma
Selma is about 8 miles south of Albany. The housing prices there are a bit more expensive. The value of the median home in Selma is $81,700, which is $10,300 (12%) higher than Albany. Its rents are a little less expensive. In Selma the median rent is $600 a month, which works out to $53 (8%) lower than Albany.
