Home Insurance in Albany, Georgia
With a median home value of $124,300, Albany is 8% lower than the Dougherty County median.
The typical home in Albany was built around 1974. About 25% of homes were built before 1960, about 3 points above Dougherty County's 23%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Albany breaks down to 59% single-family homes, 14% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 53% of owner-occupied homes in Albany have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 16%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 38% of occupied homes in Albany are owner-occupied.
Most homes in Albany - 77% - are primarily heated with electricity.
What's the biggest home insurance risk near Albany? FEMA's National Risk Index points to hurricane (Relatively Moderate) in Dougherty County and Dougherty County had 966 active NFIP flood policies as of September 2026. See the full Dougherty County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Georgia, the statewide average premium for a standard HO-3 homeowners policy is $1,828 per year (NAIC, 2023 data).
Key figures
| Median home value | $124,300 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 38% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Dougherty County | 966 |
| Home insurance premium | $1,828 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)