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Rental Market Trends in Alabama

Updated July 2026

$1,070/month

Average Rent

+0.9%

Increase in the Last Year

+$10

Average Price Increase

Ranked 8th

Least Expensive Rent by State

22,575

Available Rentals

Florence, AL

City with the Lowest Rent

What is the average rent in Alabama?

As of July 2026, the average rent in Alabama is $1,070/month. When you rent an apartment in Alabama, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $920 per month for a studio, $1,070 for a one-bedroom apartment, and around $1,226 for a two-bedroom apartment in Alabama. If you opt for a three-bedroom rental, you could pay $1,543 or more.

Bedrooms
Average Rent
Average Sq Ft
Studio
$920/month
477 Sq Ft
One Bedroom
$1,070/month
735 Sq Ft
Two Bedroom
$1,226/month
1,042 Sq Ft
Three Bedroom
$1,543/month
1,347 Sq Ft

Rent by City

  • Most Affordable
  • Most Expensive

What are the most affordable cities in Alabama?

Based on current rent prices, the cheapest cities in Alabama to live are Florence, Decatur and Gadsden.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Florence
$619/month
704 Sq Ft
Decatur
$771/month
623 Sq Ft
Gadsden
$795/month
636 Sq Ft
Montgomery
$938/month
754 Sq Ft
Dothan
$939/month
664 Sq Ft
Tuscaloosa
$992/month
692 Sq Ft
Northport
$1,001/month
703 Sq Ft
Mobile
$1,032/month
710 Sq Ft
Phenix City
$1,060/month
799 Sq Ft
Auburn
$1,068/month
648 Sq Ft

What are the most expensive cities in Alabama?

Based on current rent prices, the most expensive cities in Alabama to live are Prattville, Opelika and Vestavia Hills.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Prattville
$1,418/month
807 Sq Ft
Opelika
$1,273/month
573 Sq Ft
Vestavia Hills
$1,263/month
752 Sq Ft
Alabaster
$1,202/month
829 Sq Ft
Birmingham
$1,186/month
745 Sq Ft
Madison
$1,163/month
793 Sq Ft
Hoover
$1,095/month
824 Sq Ft
Huntsville
$1,086/month
740 Sq Ft
Auburn
$1,068/month
648 Sq Ft
Phenix City
$1,060/month
799 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Alabama

22,575 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Tennessee
$1,366/mo. avg.
-0.6% YOY
Georgia
$1,441/mo. avg.
-0.1% YOY
Florida
$1,694/mo. avg.
-0.8% YOY
Mississippi
$1,025/mo. avg.
+2.3% YOY

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US Rent Trends Alabama

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity