Alabama (AL) Average Rent Prices 2024

Average Rent Prices in Alabama (AL)

$7801

Studio

$8341

1BR

$1,0231

2BR

$1,3181

3BR

$1,5001

4BR

As of 2024, the overall average fair market rent for a residential rental property in Alabama is $1,091. Comparatively, this figure is below the national average rent of $1,274, in which Alabama ranks as the 4th lowest rent among all 50 states and as the 47th highest rent among all 50 states within the United States. In Alabama’s larger metropolitan areas such as Hunstville, AL, the average rent prices tend to be higher, while in more suburban and rural areas such as Sheffield, AL, more affordable options can be found.

Alabama (AL) National Rent Rankings

47th

Highest Rent Among 50 States

4th

Lowest Rent Among 50 States

Below

The National Rent Average

Average Rent Prices in Alabama (AL) Visual Chart

Studio

A one-room unit with a private bathroom.

1BR

A unit that has a separate bathroom and a separate bedroom.

2BR

A unit that has two separate and distinct bedrooms.

3BR

A unit that has 3 separate and distinct bedrooms.

4BR

A unit that has 4 separate and distinct bedrooms.

Average Rent Prices in Alabama (AL) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Anniston-Oxford-Jacksonville, AL MSA 683 687 903 1.243 1.319
2 Auburn-Opelika, AL MSA 801 901 1.099 1.487 1.617
3 Birmingham-Hoover, AL HUD Metro FMR Area 983 1.109 1.245 1.570 1.752
4 Chilton County, AL HUD Metro FMR Area 682 690 857 1.164 1.168
5 Columbus, GA-AL HUD Metro FMR Area 828 881 1.031 1.372 1.743
6 Daphne-Fairhope-Foley, AL MSA 1.051 1.056 1.362 1.670 2.114
7 Decatur, AL MSA 740 763 924 1.202 1.352
8 Dothan, AL HUD Metro FMR Area 735 739 904 1.220 1.386
9 Florence-Muscle Shoals, AL MSA 664 720 940 1.157 1.425
10 Gadsden, AL MSA 637 817 940 1.170 1.252
11 Greene County, AL HUD Metro FMR Area 736 741 974 1.178 1.297
12 Henry County, AL HUD Metro FMR Area 684 652 857 1.093 1.144
13 Huntsville, AL MSA 900 1.067 1.248 1.619 1.937
14 Mobile, AL HUD Metro FMR Area 810 890 1.094 1.448 1.484
15 Montgomery, AL MSA 836 913 1.092 1.383 1.753
16 Pickens County, AL HUD Metro FMR Area 683 687 857 1.178 1.448
17 Tuscaloosa, AL HUD Metro FMR Area 903 909 1.125 1.415 1.498
18 Washington County, AL HUD Metro FMR Area 713 785 962 1.163 1.302
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2024.

Alabama (AL) Residential Rental Agreements

An Alabama (AL) residential lease agreement is a rental property document that includes the terms and conditions between a landlord who rents the property and the tenant in the state of Alabama. The contract outlines essential information, such as rent amount, applicable late fees, grace periods, and landlord-tenant responsibilities.

Average Rent Prices in Other US States 2024

Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:

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Average Rent in the United States

Average Rent in the United States

Average rent prices across the United States provide excellent insights into highs, lows, and emerging market trends.

Cheapest Rent in the United States

The cheapest rent in the U.S. is an appealing topic for thrifty tenants and investors seeking lower price point properties.

Most Expensive Rent in the United States

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Rental Property Calculators

Our rental property calculators help you easily calculate common metrics such as rent increases, late fees, and more. Click on a calculator or button below to start using them for free – no sign up required.

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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