Rent in Albany, OR
Across Albany's 2 ZIP codes, a 2-bedroom typically rents for about $1,301 a month, with figures from $1,259–$1,726. The highest typical rent is in 97322 ($1,342) and the lowest in 97321 ($1,259). Owner-occupied homes in Linn County pay about 0.87% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $826 | $640–$1,202 | 2 |
| 1 bed | $1,109 | $1,080–$1,413 | 2 |
| 2 beds | $1,301 | $1,259–$1,726 | 2 |
| 3 beds | $1,878 | $1,740–$2,380 | 2 |
| 4 beds | $2,112 | $1,552–$2,672 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Albany ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Albany, OR?
- About $1,301 a month: the median of the typical rents in 2 ZIP codes, which range from $1,259–$1,726. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Albany, OR?
- About $1,109 a month: the median of the typical rents in 2 ZIP codes, which range from $1,080–$1,413. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Albany, OR?
- About $1,878 a month: the median of the typical rents in 2 ZIP codes, which range from $1,740–$2,380. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Albany, OR?
- About $826 a month: the median of the typical rents in 2 ZIP codes, which range from $640–$1,202. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Albany, OR?
- About $2,112 a month: the median of the typical rents in 2 ZIP codes, which range from $1,552–$2,672. Figures are gross rent (rent plus tenant-paid utilities).
- Which Albany ZIP code has the highest rent?
- For a 2-bedroom, 97322 has the highest typical rent at $1,342 a month, and 97321 the lowest at $1,259.
- What is the property tax rate in Albany, OR?
- Owner-occupied homes in Linn County pay a typical 0.87% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Albany rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).