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Cost of Living in Albertville, AL

Population 22,813 · Census ACS 2020–2024 5-year estimates

Median rent$872
Median home value$188,400
Median household income$56,099

The median rent in Albertville, AL is $872/month, 13% lower than the Alabama median and 38% lower than the U.S. median. The median home value is $188,400, 43% lower than the national median. Households earn a median of $56,099 a year, 12% lower than the state median.

Affordability

Rent as a share of median income: 18.7%
Income needed for median rent (30% rule): $34,880/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $953/mo

Run your own numbers: mortgage calculator · hourly to salary

Albertville vs. Alabama vs. U.S.

AlbertvilleAlabamaU.S.
Median rent$872$1,007$1,413
Median home value$188,400$209,900$332,700
Median household income$56,099$63,999$80,734
Homeownership rate69.8%70.2%65.2%
Bachelor's degree or higher21.1%28.4%35.7%
Poverty rate18.2%15.6%12.5%
Unemployment rate6.0%4.7%5.2%
Work from home2.7%8.8%15.1%
Median age34.739.338.9

FAQ

What is the average rent in Albertville, AL?

The median gross rent in Albertville, AL is $872 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Albertville, AL?

Using the common 30% rule, renting a median-priced home takes about $34,880 a year in gross income.

Is Albertville, AL expensive to live in?

Rent there is 38% lower than the U.S. median, and the median home costs about 3.4 times the median household income.

Other cities in Alabama

Huntsville, ALRent $1,171 · Income $74,714Mobile, ALRent $1,068 · Income $53,558Birmingham, ALRent $1,107 · Income $46,051Montgomery, ALRent $1,089 · Income $56,811Tuscaloosa, ALRent $1,055 · Income $51,464Hoover, ALRent $1,457 · Income $109,253

Cities with a similar cost of living

Cape Girardeau, MORent $876 · Income $55,658Winona, MNRent $882 · Income $56,337Conway, SCRent $866 · Income $56,650Massillon, OHRent $862 · Income $56,446Ponca City, OKRent $850 · Income $55,941Eagle Pass, TXRent $880 · Income $57,207

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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