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Albany, LA Real Estate


According to census data in the year 2000 there were 403 housing units in Albany. This represents a 40.4% growth from 287 in 1990.

Of those housing units, 344 were located in either urbanized areas or urban clusters, and 59 were located in what is classified as a rural area.

Homeownership rate in Albany is about 59.3%. Albany's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Albany were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom19.60%
Two Bedrooms29.80%
Three Bedrooms47.60%
Four Bedrooms1.50%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1970
Median Value of occupied units$77,100
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1987
Median Monthly Rent asked for vacant units$363

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan1.30%
Simple Mortgage45.90%
Debt Free50.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%