Orange Beach, AL has a population of 5,826, while the median age is 54. The household income in Orange Beach, AL is around $69,388. The homeownership rate among the residents is 68%. The median residential property value in Orange Beach, AL that you should keep in mind is $256,600.
Population | 5,826 |
Median Age | 53.9 |
Poverty Rate | 8% |
Household Income | $69,388 |
Number Of Employees | 2,717 |
Median Property Value | $256,600 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $6,403 | -2.9% |
1-bed apartments | $7,145 | -8.2% |
2-bed apartments | $9,745 | -1.5% |
3-bed apartments | $12,468 | +0.2% |
4+ bed apartments | $21,603 | -1.5% |
Over the May 2023, the average rent for an apartment in/near Orange Beach, AL decreased by 3.1% to $11,490.
Compared to the last month, the average price for a rental studio in Orange Beach, AL has decreased by 2.9%. You can expect to rent the studio for $6,403 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 8.2% to $7,145. Pricing for 2-bed apartment also decreased by 1.5% and a place of this size will now cost you $9,745. 3-bed apartment rent pricing starts at $12,468, it increased by 0.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 1.5% and made it down to $21,603.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $13,791 | -0.7% |
Houses for rent | $14,800 | -20.3% |
Condos for rent | $10,780 | -6% |
Apartments for rent | $12,180 | +68.8% |
The median rent for an apartment in Orange Beach, AL increased by 68.8% to $12,180. Statistics show that house rent price decreased by 20.3% this month making it up to $14,800. Condos faced an upward trend these days. The median rent for a condo decreased by 6%, it’s now available for $10,780. The median rent for a townhouse decreased by 0.7%, you’ll have to spend around $13,791 to get one.