Average Rent in Alabama

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Current Versus Historical Alabama Rents

Alabama rentals average $1,700 for a studio rental to $2,153 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,227 (96.36%) year-over-year from $1,273 to $2,500. 1-bedroom rentals prices have increased by $159 (14.67%) year-over-year from $1,084 to $1,243. 2-bedroom rentals prices have increased by $247 (23.53%) year-over-year from $1,048 to $1,295. 3-bedroom rentals prices have increased by $229 (15.63%) year-over-year from $1,466 to $1,695. 4-bedroom rentals prices have increased by $222 (11.80%) year-over-year from $1,878 to $2,100. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 38.07% this month. 1-bedroom rents have gone up by 12.45% this month. 2-bedroom rents have gone up by 11.03% this month. 3-bedroom rents have gone up by 8.31% this month. 4-bedroom rents have gone up by 3.45% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.09	$2,500	$1,273 (96.36%)	$1,679 (48.87%)
1 BR	$1.31	$1,243	$1,084 (14.67%)	$1,189 (4.57%)
2 BR	$1.11	$1,295	$1,048 (23.53%)	$1,186 (9.22%)
3 BR	$1.07	$1,695	$1,466 (15.63%)	$1,308 (29.55%)
4+ BR	$0.96	$2,100	$1,878 (11.80%)	$1,617 (29.90%)

Historical Rents in Alabama

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Alabama

There are a total of 44 cities nearby Alabama. The average rent in Alabama is currently $2,400 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Nashville, TN, with an average rent of $1,491, is the most affordable city nearby. In contrast, the most expensive city near Alabama is Naples, FL. Monthly rents here are on average $12,000 per month.

Let's compare Alabama's rent against other top cities nearby by bedroom size. One bedrooms are about 51.82% more affordable. Two bedrooms in Alabama are about 51.16% more affordable. Finally, rent for three bedrooms are about 43.27% more affordable. Want more information? Check out the top 10 cities out of 44 total cities near Alabama in the following chart.

City	Studio	1 Bed	2 Bed	All
Tallahassee, FL	$1,200	$1,075	$1,295	$1,509
Gainesville, FL	$1,288	$1,100	$1,438	$1,650
Jacksonville, FL	$950	$1,085	$1,550	$1,750
Memphis, TN	$2,250	$1,250	$1,448	$1,750
Huntsville, AL	N/A	$875	$1,195	$1,800
Montgomery, AL	N/A	N/A	$873	$1,875
New Orleans, LA	$1,100	$1,550	$1,725	$1,900
Chattanooga, TN	N/A	$1,275	$2,000	$2,325
Atlanta, GA	$1,454	$1,890	$2,500	$2,673
Sandy Springs, GA	N/A	$1,701	$1,950	$2,900

Top Neighborhoods Near Alabama

There are a total of 19 neighborhoods in or near Alabama. Some of these neighborhoods include Riverside, Metro West, and West Meadows. We've included all of these top 19 neighborhoods in or near Alabama in the following chart.

The average rent for these 19 neighborhoods in or near Alabama is currently around $2,800 per month. A total of one neighborhood has a lower average rent. Meaning, only eighteen neighborhoods have a higher average rent than $2,800. Interestingly, the neighborhoods' average rent is higher than Alabama's average rent, which is only $1,750. Out of all the neighborhoods in or near Alabama, Riverside has the most affordable average rent at $1,250 per month. Whereas, at $12,000 average rent per month, Pelican Bay is the most expensive neighborhood in or near Alabama. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Riverside, Jacksonville, FL	N/A	$999	$1,750	$1,250
Metro West, Orlando, FL	N/A	$1,354	$1,800	$1,800
West Meadows, Lutz, FL	N/A	$1,375	$1,750	$1,825
McGregor, FL	N/A	$2,950	$2,000	$2,200
Carver City - Lincoln Gardens, Tampa, FL	$1,844	$2,138	$2,917	$2,599
Isla del Sol, St. Petersburg, FL	N/A	$2,500	$2,600	$2,600
Channel District, Tampa, FL	$2,012	$2,514	$3,872	$2,604
Midtown, Atlanta, GA	N/A	$2,000	$2,750	$2,700
Heritage Harbour, Myakka City, FL	N/A	N/A	$2,600	$2,775
South Venice, FL	N/A	N/A	$2,750	$2,800
The Meadows, FL	N/A	$1,900	$3,500	$3,050
Lake Nona, Orlando, FL	N/A	$1,800	$3,375	$3,299
Lakewood Ranch, Myakka City, FL	N/A	N/A	$3,156	$3,500
Sand Key, Clearwater, FL	$2,600	$3,250	$4,100	$4,200
Clearwater Beach, Clearwater, FL	$2,250	$2,900	$3,950	$4,500
Stoneybrook Golf and Country Club, Gulf Gate Estates-Osprey, FL	N/A	N/A	$5,000	$5,000
Lido Key, Sarasota, FL	N/A	$3,450	$5,400	$5,300
Old Naples, Naples, FL	N/A	$5,250	$9,300	$10,000
Pelican Bay, FL	N/A	N/A	$10,000	$12,000

Top Counties Near Alabama

There are a total of 19 counties located by Alabama. Some of these counties include Leon, FL, Jefferson, AL, and Clayton, GA. The average rent for rentals in these counties is $2,098. That's roughly around $1 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Davidson, TN. It's average rent per month is $1,491. Vice versa, with an average rent of $5,500, Collier, FL is the most expensive county by Alabama.

Typically, rent for studios in Alabama is 44.12% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Alabama is 37.37% more affordable than other counties nearby. Finally, rent for two bedrooms in Alabama is 31.69% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Leon, FL	$1,200	$1,075	$1,295	$1,575
Jefferson, AL	N/A	$1,513	$1,625	$1,788
Clayton, GA	N/A	$885	$1,595	$1,790
Escambia, FL	N/A	$1,100	$1,350	$1,795
Montgomery, AL	N/A	N/A	$873	$1,950
Paulding, GA	N/A	N/A	$1,448	$1,975
Santa Rosa, FL	N/A	$988	$1,675	$2,018
Okaloosa, FL	N/A	$1,460	$1,625	$2,095
Henry, GA	N/A	N/A	$1,750	$2,185
Walton, FL	N/A	$2,048	$2,600	$2,675

Top Zipcodes Near Alabama

There are a total of 46 zipcodes in or near Alabama. The average rent for all of these zipcodes is $2,975.

The following chart includes the top 10 zipcodes in Alabama. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
34747, Celebration, FL	N/A	$1,675	$2,000	$2,400
34108, Naples Park, FL	$3,400	$5,000	$8,500	$9,500
34135, Bonita Springs, FL	$1,772	$1,861	$3,500	$3,550
33914, Cape Coral, FL	N/A	N/A	$1,900	$3,000
34236, Sarasota, FL	N/A	$2,400	$4,595	$4,200
34746, Campbell, FL	N/A	$1,225	$1,813	$2,393
33767, Clearwater, FL	$2,500	$2,800	$4,000	$4,100
34231, Gulf Gate Estates, FL	N/A	$2,200	$2,400	$2,950
33982, Punta Gorda, FL	N/A	N/A	$2,750	$3,000
33913, Lehigh Acres, FL	N/A	$1,968	$4,500	$3,800

Frequently Asked Questions - Alabama Average Rents

What is the average rent price in Alabama?

The average monthly rental price for Alabama apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Alabama rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Alabama.

How much is a studio apartment in Alabama?

The average monthly rental price for studio apartments is $1,700 and an average price per square feet of $1.09. There are a total of 55 studio apartment listings currently available for rent in Alabama.

How much is a one bedroom apartment in Alabama?

The average monthly rental price for one bedroom apartments is $950 and an average price per square feet of $1.31. There are a total of 53 one bedroom apartment listings currently available for rent in Alabama.

How much is a two bedroom apartment in Alabama?

The average monthly rental price for two bedroom apartments is $1,290 and an average price per square feet of $1.11. There are a total of 152 two bedroom apartment listings currently available for rent in Alabama.

How have rent prices in Alabama changed this year?

Rent prices for rentals in Alabama can fluctuate yearly. Specifically, studio rental prices have changed by 0.96%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.16% year-over-year.

What is a reasonable rent price in Alabama?

A reasonable rent price in Alabama is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.