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Rental Market Trends in Selma, AL

What is the average rent in Selma, AL?

$663/month

Average Rent

696 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of February 2026, the average rent in Selma, AL is $663 per month. This is 59% lower than the national average rent of $1,625/month, making renting in Selma more affordable than most cities in the US. When you rent an apartment in Selma, you can expect to pay about per month for a studio, $663 for a one-bedroom apartment, and around $703 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $864 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$663/month
696 Sq Ft
Two Bedroom
$703/month
942 Sq Ft
Three Bedroom
$864/month
1,091 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,014/month
1,218 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 Selma, AL?

In the past year, rent has increased by 1.9%, which averages out to $13 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 February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Selma, AL
Last Updated February 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Selma, AL
Percentage*
Rent Range
50% Below $700/month
50% $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 Selma, AL?

Because the average rent in Selma is $663, you’ll want to make about $2,210 per month or $26,520 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

Selma, AL

22 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Selma, 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 Selma we think you'll love

Creekside Apartments

Creekside Apartments

3202 Lincoln Dr,
Selma, AL 36701

$705 - $929

1-2 Beds

Heritage Hills Apartments

Heritage Hills Apartments

3100 Lincoln Dr,
Selma, AL 36701

$850

2 Beds

Addison Way

Addison Way

1300 Cloverdale Rd,
Selma, AL 36703

$799 - $949

2-3 Beds

112 Furniss Ave

112 Furniss Ave

112 Furniss Ave,
Selma, AL 36701

$1,650

3 Beds

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United States Alabama Selma 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 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity