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Rental Market Trends in Fairhope, AL

Updated July 2026

The average rent in Fairhope, AL is $1,398/month.

Rent in Fairhope is 16% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,398/month

Average Rent

828 Sq Ft

Average Size

+7.4%

Change / Year

97

Available Apartments

Fairhope rent varies by unit size and layout:

  • Studio apartments in Fairhope average per month.
  • One-bedroom apartments in Fairhope average $1,398 per month.
  • Two-bedroom apartments in Fairhope average $1,717 per month.
  • Three-bedroom apartments in Fairhope average $2,111 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,398/month
828 Sq Ft
Two Bedroom
$1,717/month
1,246 Sq Ft
Three Bedroom
$2,111/month
1,609 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,471/month
1,839 Sq Ft
Four Bedroom
$2,603/month
2,187 Sq Ft
View Fairhope Apartments

How much has average rent changed in Fairhope, AL?

In the past year, rent has increased by 7.4%, which averages out to $104 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Fairhope, AL

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Fairhope, AL
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
27% $1,001 - $1,500/month
45% $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 $1,398, you’ll want to make about $4,660 per month or $55,920 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

97 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.

View the Fairhope Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Daphne

    Daphne

  • Foley

    Foley

Apartment Communities in Fairhope We Think You'll Love

Flats at East Bay

Flats at East Bay

9376 Twin Beech Rd,
Fairhope, AL 36532

1-3 Beds | $1,495 - $2,040

Rockwell Place

Rockwell Place

22360 Bushel Dr,
Fairhope, AL 36532

1-3 Beds | $1,425 - $2,245

Palladian at Fairhope

Palladian at Fairhope

8132 Gayfer Road Ext,
Fairhope, AL 36532

2-3 Beds | $1,799

Colonnade at Eastern Shore

Colonnade at Eastern Shore

830 Highway 98,
Daphne, AL 36526

1-3 Beds | $1,490 - $1,693

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Frequently Asked Questions

What is the average rent in Fairhope?

The average rent in Fairhope is $1,398 per month, which is 15.9% lower than the national average of $1,663.

What is the average rent for a house in Fairhope?

The average rent for a house in Fairhope, AL is $2,471 per month.

Are rents going up or down in Fairhope?

Rents in Fairhope, AL are increasing, with prices up 7.4% year-over-year and $104 more per month.

What rent range is most common in Fairhope?

In Fairhope, AL, 45% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity