Albany, GA · Georgia
Dougherty County
83,915 residents64 permits TTM$46,784 median HHI5 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$129,200
ACS 5-Year
Cap rate proxy
8.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
23.2%
HUD FMR ÷ ACS HHI
Net migration
+1.21%
IRS SOI
Permits (TTM)
64
Census BPS
Climate risk
82.8
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 31701 | — | — | — | 13.4% | 23.0% |
| 31705 | — | — | — | 12.8% | 13.9% |
| 31707 | — | — | — | 8.4% | 15.4% |
| 31704 | — | — | — | 8.4% | 19.8% |
| 31721 | — | — | — | 5.6% | 2.2% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
46.5%
Census ACS
Vacancy rate
15.6%
Census ACS
Bachelor's degree +
23.2%
Census ACS
Rent burdened
49.1%
Census ACS (>30% income)
Median age
36.6
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026