Commercial Real Estate Market in Albany, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 70 off-market properties in Albany, LA. Commercial property asks $357/SF to buy and $12.92/SF/Yr to lease.
Market Trends
Albany, LA spans 18.4 square miles in Livingston County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Albany, LA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Albany, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Albany, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Albany, LA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 100%
Largest Zones share of zoned land by district
Commercial Regulations
Albany, LA zones 829 acres across 1 districts. Commercial zoning covers 100% of zoned land. The largest single district is Commercial Regulations at 100%. For commercial buyers the practical constraint is that only 100% of land carries a commercial or industrial designation.
Commercial Regulations (C-1)
The purpose of this zone is to regulate the developer, builder, or seller of land for the purpose of building in commercial areas of the town.
Market overview
Demographics & Economy
Albany, LA has 5,243 residents in 2,350 households. Density runs 285 people per square mile. Median household income here is $89,274 and median gross rent $860 a month.
5,243
Population
2,350
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
18.4 sq mi
ZIP Area
285
Density / Sq Mi
$89,274
Median Household Income
$44,566
Median Earnings
$860
Median Rent
$221,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holden | — | — |
| Natalbany | — | — |
| Hammond | — | $14.08 |
| Tickfaw | — | — |
Commercial property in Albany, LA asks $357/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Albany?
Commercial property in Albany, LA asks an average of $357 per square foot.
How much does it cost to lease commercial space in Albany?
Asking lease rates in Albany, LA average $12.92 per square foot per year.
What zoning applies to commercial property in Albany?
Albany, LA zones 829 acres across 1 districts, of which 100% is commercial and 0% industrial. The largest single district is Commercial Regulations at 100% of zoned land. The purpose of this zone is to regulate the developer, builder, or seller of land for the purpose of building in commercial areas of the town. Residential zoning covers 0% and open space 0%.
Where does Realmo's Albany market data come from?
Realmo compiles Albany, LA figures from 2 recent recorded sales, 5 active sale listings, 6 active lease listings, 70 tracked off-market properties, the current Albany zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 6 active for-lease listings in Albany, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 829 zoned acres across 1 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
