Rental Market Trends in Fayette, AL

Q: What is the average rent in Fayette, AL?

As of July 2025, the average rent in Fayette, AL was -.

What is the average rent in Fayette, AL?

Average Rent

Average Apartment Size

As of July 2025, the average rent in Fayette, AL is - per month. When you rent an apartment in Fayette, you can expect to pay about per month for a studio, for a one-bedroom apartment, and around $460 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type

Average Rent

Average Sq Ft

Two Bedroom

$460/month

745 Sq Ft

Floor Plan Type

Average Rent

Average 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 Fayette, AL?

Percentage*

Rent Range

100% Below $700/month

0% $700 - $1,000/month

0% $1,001 - $1,500/month

0% $1,501 - $2,000/month

0% Above $2,000/month

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

Because the average rent in Fayette is -, you’ll want to make about per month or 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.

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

Use the tool below to compare Fayette, 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.

Apartment Averages

Learn More with Helpful Articles

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Tips for Finding an Apartment in a New City

Concrete jungle or small-town suburb? Your new home awaits.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals

United States Alabama Fayette 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 2025.

* Percentages may not total 100 due to rounding.