Median rent
for residential apartments
in Pelham, AL
as of May, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
Filters
|
96 Pelham, AL, USA apartments for rent
Map view
Filters
$1, 460 - 2 Bedroom 2 Bathroom Condo In Hoover With Great Location and Amenities
319 Sterling Oaks Drive, Unit 319
2
Bed
2
Bath
1,166
Sq Ft
$2, 900 - 5 Bedroom 3 Bathroom House In Hoover close to Galleria & Moss Rock Preserve
3467 Chapel Lane
5
Bed
3
Bath
2,642
Sq Ft
Home For Rent In Birmingham, Alabama
549 Reach Drive, Shelby County, AL 35242, USA
4
Bed
3
Bath
1,857
Sq Ft
Home For Rent In Pelham, Alabama
384 Creekside Lane, Blueberry Estates, Pelham, AL 35124, USA
3
Bed
2
Bath
Home For Rent In Birmingham, Alabama
1043 Ashwood Drive, Hoover, AL 35216, USA
2
Bed
2
Bath
1,074
Sq Ft
Pelham
Pelham, AL has a population of 22,941, while the median age is 38. The household income in Pelham, AL is around $74,295. The homeownership rate among the residents is 82%. The median residential property value in Pelham, AL that you should keep in mind is $175,300.
| Population | 22,941 |
| Median Age | 38.4 |
| Poverty Rate | 5% |
| Household Income | $74,295 |
| Number Of Employees | 12,530 |
| Median Property Value | $175,300 |
Housing Trends
Average apartment rent in Pelham:
$3,685 (-5.7%)
Rent Price |
May | vs Last Month |
|---|---|---|
| Studio apartments | $1,440 | N/A |
| 2-bed apartments | $3,686 | -8.3% |
| 3-bed apartments | $3,021 | +39.7% |
| 4+ bed apartments | $7,920 | -2.2% |
Over the May 2023, the average rent for an apartment in/near Pelham, AL decreased by 5.7% to $3,685.
The average price for a rental studio in Pelham, AL has remained the same as last month and equals $1,440. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $550 with no changes this month. Pricing for 2-bed apartment also decreased by 8.3% and a place of this size will now cost you $3,686. 3-bed apartment rent pricing starts at $3,021, it increased by 39.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 2.2% and made it down to $7,920.
Rent Type Price |
May | vs Last Month |
|---|---|---|
| Houses for rent | $4,006 | -8.7% |
| Apartments for rent | $1,440 | N/A |
Looking at the median rent price for an apartment in Pelham, AL, you can note that it remains flat with a price tag of $1,440. Statistics show that house rent price decreased by 8.7% this month making it up to $4,006. If you’re looking for a room, the price tag still starts at $550. The median price did not change this time.
Rent vs Own
`