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Rental Market Trends in Fairhope, AL

What is the average rent in Fairhope, AL?

$1,300/month

Average Rent

828 Sq Ft

Average Apartment Size

-8.8%

Decrease in the Last Year

As of December 2025, the average rent in Fairhope, AL is $1,300 per month. This is 20% lower than the national average rent of $1,632/month, making renting in Fairhope more affordable than most cities in the US. When you rent an apartment in Fairhope, you can expect to pay about per month for a studio, $1,300 for a one-bedroom apartment, and around $1,584 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,955 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,300/month
828 Sq Ft
Two Bedroom
$1,584/month
1,246 Sq Ft
Three Bedroom
$1,955/month
1,609 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,299/month
1,736 Sq Ft
Four Bedroom
$2,239/month
1,896 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Fairhope, AL?

In the past year, rent has decreased by 8.8%, which averages out to $114 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Fairhope, AL
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Fairhope, AL
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
45% $1,001 - $1,500/month
27% $1,501 - $2,000/month
18% Above $2,000/month

What salary do I need to live comfortably in Fairhope, AL?

Because the average rent in Fairhope is $1,300, you’ll want to make about $4,333 per month or $51,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Fairhope, AL

189 Available Apartments for Rent

Search for Nearby Apartments

How does Fairhope, AL compare to other nearby cities and neighborhoods?

Use the tool below to compare Fairhope, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Fairhope, AL

Apartment Averages

Nearby City Rent Trends

  • Daphne Average Rent
  • Robertsdale Average Rent
  • Spanish Fort Average Rent

Apartment communities in Fairhope we think you'll love

Flats at East Bay

Flats at East Bay

9376 Twin Beech Rd,
Fairhope, AL 36532

$1,425 - $1,995

1-3 Beds

PALLADIAN AT FAIRHOPE

PALLADIAN AT FAIRHOPE

8132 Gayfer Road Ext,
Fairhope, AL 36532

$1,699 - $1,849

2-3 Beds

Rockwell Place

Rockwell Place

22360 Bushel Dr,
Fairhope, AL 36532

$1,128 - $2,151

1-3 Beds

Colonnade at Eastern Shore

Colonnade at Eastern Shore

830 Highway 98,
Daphne, AL 36526

$1,250 - $1,693

1-3 Beds

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United States Alabama Fairhope Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

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.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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