Rental Market Trends in Hamilton, AL
What is the average rent in Hamilton, AL?
$643/month
Average Rent
113 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
Hamilton, AL Rental Market Overview
The average rent in Hamilton, AL is $643 per month. This is 61% lower than the national average rent of $1,662/month, making renting in Hamilton more affordable than most cities in the US.
- Studio apartments in Hamilton average per month.
- One-bedroom apartments in Hamilton average $643 per month.
- Two-bedroom apartments in Hamilton average $537 per month.
- Three-bedroom apartments in Hamilton average or more per month.
Data Updated: July 1, 2026
How much has average rent changed in Hamilton, AL?
In the past year, rent has increased by 1.1%, which averages out to $8 more per month.
What salary do I need to live comfortably in Hamilton, AL?
Because the average rent in Hamilton is $643, you’ll want to make about $2,143 per month or $25,716 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 Hamilton, AL is 15.0% lower than the national average. Generally, housing in Hamilton is 42.4% less expensive than the national average, with rent falling between $0 - $643. You can expect to pay 15.7% less for groceries, 30.9% more for utilities, and 18.5% more for transportation.
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Frequently Asked Questions
What is the average rent in Hamilton?
The average rent in Hamilton is $643 per month, which is 61.3% lower than the national average of $1,662.
Are rents going up or down in Hamilton?
Rents in Hamilton, AL are increasing, with prices up 1.1% year-over-year and $8 more per month.
What rent range is most common in Hamilton?
In Hamilton, AL, 100% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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.