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Rental Market Trends in Fort Payne, AL

What is the average rent in Fort Payne, AL?

$496/month

Average Rent

655 Sq Ft

Average Apartment Size

+9.2%

Increase in the Last Year

Fort Payne, AL Rental Market Overview

The average rent in Fort Payne, AL is $496 per month. This is 70% lower than the national average rent of $1,644/month, making renting in Fort Payne more affordable than most cities in the US.

  • Studio apartments in Fort Payne average per month.
  • One-bedroom apartments in Fort Payne average $496 per month.
  • Two-bedroom apartments in Fort Payne average $906 per month.
  • Three-bedroom apartments in Fort Payne average or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$496/month
655 Sq Ft
Two Bedroom
$906/month
914 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 9.2%, which averages out to $46 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Fort Payne, AL
Last Updated June 2026
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 $496, you’ll want to make about $1,653 per month or $19,836 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 14.6% lower than the national average. Generally, housing in Fort Payne is 42.5% less expensive than the national average, with rent falling between $0 - $906. You can expect to pay 15.8% less for groceries, 31.6% more for utilities, and 18.6% more for transportation.

City

Fort Payne, AL

2 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

$1,299

2 Beds

Cedarhaven

Cedarhaven

3548 Cedar Haven Dr,
Cedar Bluff, AL 35959

Call for Rent

1-2 Beds

Lakewood Village

Lakewood Village

4350 Lakewood Vlg,
Cedar Bluff, AL 35959

Call for Rent

1-3 Beds

Englewood Apartments

Englewood Apartments

185 La Rue Finis,
Leesburg, AL 35983

$699 - $975

1-3 Beds

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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 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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Equal Housing Opportunity