Homewood, AL has a population of 25,678, while the median age is 32. The household income in Homewood, AL is around $71,494. The homeownership rate among the residents is 59%. The median residential property value in Homewood, AL that you should keep in mind is $319,300.
Population | 25,678 |
Median Age | 31.5 |
Poverty Rate | 10% |
Household Income | $71,494 |
Number Of Employees | 14,052 |
Median Property Value | $319,300 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,724 | N/A |
1-bed apartments | $1,090 | -5.4% |
2-bed apartments | $1,126 | -62.4% |
3-bed apartments | $2,327 | +8.3% |
Over the May 2023, the average rent for an apartment in/near Homewood, AL decreased by 37.6% to $1,595.
The average price for a rental studio in Homewood, AL has remained the same as last month and equals $1,724. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 5.4% to $1,090. Pricing for 2-bed apartment also decreased by 62.4% and a place of this size will now cost you $1,126. 3-bed apartment rent pricing starts at $2,327, it increased by 8.3% lately.
Rent Type Price |
May | vs Last Month |
---|---|---|
Apartments for rent | $1,479 | +6.2% |
Houses for rent | $3,100 | -29.2% |
The median rent for an apartment in Homewood, AL increased by 6.2% to $1,479. Statistics show that house rent price decreased by 29.2% this month making it up to $3,100.