Is Albany, KY a good place to invest in rental property?

Albany, KY has a median modeled monthly cash flow of $-904 and a median cap rate of 2.3%, on a median sold price of $115,000. Prices changed -8.3% year over year.

What is the average cap rate in Albany, KY?

The median cap rate across recently sold homes in Albany, KY is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Albany, KY?

The median sold price in Albany, KY is $115,000 (about $121 per square foot).

Investing in Albany, KY Real Estate

A data-driven snapshot of the Albany, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$115,000Median sold price

$121Median $/sqft

2.3%Median cap rate

$-904Modeled cash flow / mo

-8.3%Appreciation YoY

11.0Months of supply

33Active listings

36Sold (last 12 mo)

What the Albany numbers say

In Albany, KY, the median home sold for $115,000 (about $121 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-904 of monthly cash flow. Sold prices moved -8.3% over the past year. Inventory sits at about 11.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Albany cash-flowing listings

CashFlowRE ranks every for-sale home in Albany, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Albany deals, or browse the national market data.