Average Rent In Alabama For January 2024
Average Rent
What is the average rent in Alabama?
The average rent in Alabama for January 2024 is $984, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Alabama is $939. The average rent of a 1-bedroom apartment in Alabama is $802.
Compared to the national average of $1,379, Alabama rent costs -28.6% less. Read our analysis of rents by state to see how Alabama ranks.
Here's a look at how average rents have changed over time:
How Does Alabama Rent Compare To The Rest Of The Country?
| Statistic | AL | USA | % Difference |
|---|---|---|---|
| Average Rent | $984 | $1,379 | -28.6% |
| M-o-M Change | -$4 | -$11 | -63.6% |
| Y-o-Y Change | -$16 | -$14 | 14.3% |
| M-o-M % Change | -0.4% | -0.8% | - |
| Y-o-Y % Change | -1.6% | -1.0% | - |
Median Rent By Bedrooms In Alabama
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Alabama increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Alabama clocking in at $802, while a 2-bedroom rental will set you back $939 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $469/room/month.
Read on to find out more or for more on Alabama check out:
Month Over Month Alabama Rent Statistics
M-o-M Increase
M-o-M Increase
Alabama has experienced a -$4 change in rent over the past month going from $988 to $984. That change comes out to -0.4%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Alabama:
Year Over Year Alabama Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Alabama changed -$16 from $1,000 to $984. A change of -$16 means that rents changed -1.6% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Alabama:
The 10 Places With The Highest Rent In Alabama
Population: 12,199
Median Rent: $1,622
More on Chelsea: Data | Cost Of Living | Real Estate
Population: 21,145
Median Rent: $1,338
More on Trussville: Data | Crime | Cost Of Living | Real Estate
Population: 17,928
Median Rent: $1,316
More on Helena: Data | Cost Of Living | Real Estate
Population: 20,438
Median Rent: $1,310
More on Mountain Brook: Data | Crime | Cost Of Living | Real Estate
Population: 8,417
Median Rent: $1,218
More on Pike Road: Data | Cost Of Living | Real Estate
Population: 8,017
Median Rent: $1,173
More on Spanish Fort: Data | Cost Of Living | Real Estate
Population: 19,561
Median Rent: $1,153
More on Fairhope: Data | Crime | Cost Of Living | Real Estate
Population: 10,224
Median Rent: $1,141
More on Pleasant Grove: Data | Cost Of Living | Real Estate
Population: 13,216
Median Rent: $1,132
More on Calera: Data | Cost Of Living | Real Estate
Population: 84,150
Median Rent: $1,121
More on Hoover: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Alabama
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.