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Rental Market Trends in Fort Payne, AL

What is the average rent in Fort Payne, AL?

$455/month

Average Rent

655 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of May 2025, the average rent in Fort Payne, AL is $455 per month. This is 72% lower than the national average rent of $1,625/month, making renting in Fort Payne more affordable than most cities in the US. When you rent an apartment in Fort Payne, you can expect to pay about per month for a studio, $455 for a one-bedroom apartment, and around $885 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
One Bedroom
$455/month
655 Sq Ft
Two Bedroom
$885/month
917 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 Fort Payne, AL?

In the past year, rent has increased by 0.9%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Fort Payne, AL
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Fort Payne, AL
Percentage*
Rent Range
33% Below $700/month
33% $700 - $1,000/month
33% $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 Fort Payne, AL?

Because the average rent in Fort Payne is $455, you’ll want to make about $1,516 per month or $18,192 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.

Cost of Living

The cost of living in Fort Payne, AL is 14.3% lower than the national average. Generally, housing in Fort Payne is 45.0% less expensive than the national average, with rent falling between $0 - $885. You can expect to pay 15.4% less for groceries, 32.1% more for utilities, and 18.6% more for transportation.

City

Fort Payne, AL

3 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Fort Payne, 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

Apartment communities in Fort Payne we think you'll love

Briarwood Apartments

Briarwood Apartments

2501 Briarwood Ave SW,
Fort Payne, AL 35967

2 Beds | $1,299

2380 Co Rd 119

2380 Co Rd 119

2380 Co Rd 119,
Fort Payne, AL 35968

2 Beds | $900

2380 County Road 119

2380 County Road 119

2380 County Road 119,
Fort Payne, AL 35968

2 Beds | $900

Lakewood Village

Lakewood Village

4350 Lakewood Vlg,
Cedar Bluff, AL 35959

1-3 Beds | Call for Rent

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United States Alabama Fort Payne 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity