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

Albany, LA has a median modeled monthly cash flow of $-359 and a median cap rate of 4.5%, on a median sold price of $234,900. Prices changed +7.9% year over year.

What is the average cap rate in Albany, LA?

The median cap rate across recently sold homes in Albany, LA is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Albany, LA?

The median sold price in Albany, LA is $234,900 (about $150 per square foot).

Investing in Albany, LA Real Estate

A data-driven snapshot of the Albany, LA 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.

$234,900Median sold price

$150Median $/sqft

4.5%Median cap rate

$-359Modeled cash flow / mo

+7.9%Appreciation YoY

6.0Months of supply

73Active listings

145Sold (last 12 mo)

What the Albany numbers say

In Albany, LA, the median home sold for $234,900 (about $150 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-359 of monthly cash flow. Sold prices moved +7.9% over the past year. Inventory sits at about 6.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Louisiana markets to compare

See Albany cash-flowing listings

CashFlowRE ranks every for-sale home in Albany, LA 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.