Real Estate Investing in Albany, Kentucky

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 9,138 • Clinton County

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Should you buy in Albany, KY? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 25.9% of homes vacant — above national norms.
  • 1-year downturn: Values declined 7.8% in the last year.

What’s happening in Albany, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $149,817
Avg Monthly Rent $837
ZIP Codes 1

Investing in Albany Real Estate

Albany in Kentucky is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Albany is in that category.

Transaction volume in Albany has thinned in a way that amplifies price discovery risk. From a cash-flow lens, investors without local context should treat every number on the page with skepticism.

Demographics in Albany show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$149,817
Avg Monthly Rent
$837
1% Rule
✗ Below
Landlord Friendly (KY)

ZIP Codes in Albany, KY

Screen every ZIP in Albany

Filter Albany’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Albany, KY

What is the typical home price in Albany, KY?

The median home value in Albany, KY is roughly $150K. That puts it reasonable relative to the KY statewide average.

Is the tenant base reliable in Albany, KY?

Albany, KY offers a steady renter base at the $837/mo rent level. Tenant turnover is reasonable for well-managed properties.

Which investment style suits Albany, KY?

Most investors in Albany, KY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Does a duplex house hack pencil in Albany, KY?

House hacking works a challenging in Albany, KY. Rents of $837/mo against $150K acquisition make the strategy solid for owner-occupants.

What kind of market is Albany, KY for investors?

Albany, KY scores 3.0/5 for investability. Home values sit at $150K and rents near $837/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

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