Performance indicators for the Albany short-term rental market based on reliable data.
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Reliable / Active
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The highest-performing listings in Albany.
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Challenging to Investors
Albany, NY's STR regulations are challenging due to significant regulatory uncertainty as the city develops new rules with potential caps, inspections, and reporting, while also requiring standard compliance costs like zoning, safety codes, taxes, and insurance. The upcoming state registry (2025) adds layers of registration, data sharing, and tax collection, increasing operational complexity. While STRs are currently allowed under existing zoning, the regulatory flux and impending stricter rules deter investment risk tolerance.
Local STR Agent
STR specialist · Albany, OR
Albany is the county seat of Linn County, Oregon, and is the 11th most populous city in the state. Albany is located in the Willamette Valley at the confluence of the Calapooia River and the Willamette River in both Linn and Benton counties, just east of Corvallis and south of Salem. It is predominantly a farming and manufacturing city that settlers founded around 1848. As of the 2020 United States Census, the population of Albany, Oregon was 56,472.Albany has a home rule charter, a council–manager government, and a full-time unelected city manager. The city provides the population with access to over 30 parks and trails, a senior center, and many cultural events such as the Northwest Art & Air Festival, River Rhythms, Summer Sounds and Movies at Monteith. In addition to farming and manufacturing, the city's economy depends on retail trade, health care, and social assistance. In recent years the city has worked to revive the downtown shopping area, with help from the Central Albany Revitalization Area.