Rent Tracker
Rent Inflation in Albany, GA
The average asking rent in Albany, GA is $1,090/month as of 2026-08. That is +2.7% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,090/mo
as of 2026-08
Year-over-Year Change
+2.7%
24-Month Rent Trend
Monthly ZORI index values for Albany, GA.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,090 | +1.58% |
| 2026-07 | $1,073 | +0.66% |
| 2026-06 | $1,066 | -0.93% |
| 2026-05 | $1,076 | -0.74% |
| 2026-04 | $1,084 | -0.28% |
| 2026-03 | $1,087 | +0.18% |
| 2026-02 | $1,085 | -0.09% |
| 2026-01 | $1,086 | +0.74% |
| 2025-12 | $1,078 | +1.79% |
| 2025-11 | $1,059 | +0.95% |
| 2025-10 | $1,049 | -0.38% |
| 2025-09 | $1,053 | -0.75% |
| 2025-08 | $1,061 | +0.09% |
| 2025-07 | $1,060 | -0.09% |
| 2025-06 | $1,061 | +1.05% |
| 2025-05 | $1,050 | +1.16% |
| 2025-04 | $1,038 | +1.96% |
| 2025-03 | $1,018 | +0.20% |
| 2025-02 | $1,016 | +0.30% |
| 2025-01 | $1,013 | -0.30% |
| 2024-12 | $1,016 | -0.10% |
| 2024-11 | $1,017 | -1.55% |
| 2024-10 | $1,033 | -0.19% |
| 2024-09 | $1,035 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices