Compare Albany, OR mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Albany.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Albany. Plus, shopping lenders is free and there is no obligation.
August 2, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Albany. Understand how much you need to earn to afford a home in Albany, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Albany fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Albany is right for you.
The median home value for Albany, OR (Linn County) is $363,106
Based on current mortgage rates and a 10% down payment, you need to make $75,750 per year to buy the median priced home in Albany
With this income, you could qualify for a $326,795 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Albany is $1,754
The median household income for Albany, OR (Linn County) is $66,148
Based on this income, you can afford a home valued at approximately $317,079
The home price you can afford to buy based on household income in Albany is 87% of the median home value which means housing prices are expensive. Albany (Linn County) ranks 19 out of 36 counties in Oregon and 2,936 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Albany, OR is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Albany (Linn County) below.
Conforming loan limits for Albany, OR
FHA loan limits for Albany, OR