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City Report · AL

Foley

Pop. 24,026·21st most expensive in Alabama·Rental market data updated monthly for Foley, AL
Median rent (all units)
$1,707/mo
Year-over-Year
+1.7%
Month-over-Month
-0.9%
vs US Median
-$258
Falling (Monthly)
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Most AffordableMost Expensive
Foley · $1,707
More affordable than 61% of US cities · National median $1,965/mo
Rent Reality Score
45/100
Fairly priced
OverheatedFairGreat value

Rents are 3% above what Foley's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,707/mo
Expected by trend
$1,666/mo
The Rent Reality Score compares today's median rent to where Foley's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$960
2 BR
$1,230
3 BR
$1,510
4 BR+
$1,910
Research median
$1,230/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,484/yr
At $1,707/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.7% YoY, -0.9% MoM), not inventory.
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Demographics

Who lives here

Foley, AL is majority owner-occupied, has a large retiree population, 24.6% of residents hold a bachelor's degree or higher.

Population
24,026
Median income
$66,336
Median age
52.7
Renters
29.1%
Age distribution
15.6%
17.4%
20%
14.7%
32.3%
Under 1815.6%
18–3417.4%
35–5420%
55–6414.7%
65+32.3%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
78%
White78%
Black6.3%
Hispanic9.3%
Asian2.9%
Other3.6%
Education (25+)
35.6%
28.9%
24.6%
No HS diploma10.9%
HS diploma35.6%
Some college28.9%
Bachelor's+24.6%
Housing tenure
70.9%
29.1%
Owner70.9%
Renter29.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Foley, AL has changed in 5 years

Rent
$1,795 → $1,707
down 4.9%
Income
$53,817 → $66,336
up 23.3%
Population
20,170 → 24,026
up 19.1%
Renter share
26.4% → 29.1%
+2.7 pts
Bachelor's+
24.3% → 24.6%
+0.3 pts

Five years ago, renters in Foley, AL paid around $1,795 a month. That figure now sits near $1,707, down 4.9% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $53,817 in 2021 to $66,336 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Foley, AL adding about 3,856 residents over the five-year window, up 19.1% on net. The renter share has risen from 26.4% to 29.1%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Foley, AL market of 2023.

Community

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View Foley rent history (2015–2026) →
Salary vs rent

Can you afford rent in Foley on your salary?

At $1,707/mo, how Foley rent compares to typical pay (30% rule).

By apartment size

Foley rent by bedroom count

Median rent for each apartment size in Foley. Click any size for full breakdown.

Local insights

Tips for renters in Foley

About renting in Foley, AL

Last updated: July 20, 2026

The median rent in Foley is $1,707/mo as of July 2026. A studio apartment averages $950/mo while a 2-bedroom runs $1,230/mo. One-bedroom apartments average $960/mo and 3-bedroom units go for $1,510/mo.

At 31% of local median household income ($66,336/yr), Foley ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

Is Foley an affordable city for renters?

Foley is considered moderate for renters. At $1,707/mo, rent takes approximately 31% of the local median household income ($66,336/yr). The standard benchmark is 30%. Foley slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Foley?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,707/mo in Foley. The local median household income is $66,336/yr, meaning the typical Foley household falls short of that threshold.

Is rent going up or down in Foley?

Rent in Foley has increased 1.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Foley rent compare to other cities in Alabama?

Foley is one of the pricier cities in Alabama for rent, ranking #21 out of 70 tracked cities at $1,707/mo.

Which nearby cities are cheaper to rent in than Foley?

Several nearby cities have lower median rents than Foley ($1,707/mo): Daphne ($1,556/mo), Spanish Fort ($1,666/mo).

What percentage of Foley residents rent vs. own?

According to Census data, approximately 29.1% of Foley households are renters, while 70.9% are owner-occupied. Foley leans toward homeownership, which can mean a smaller rental inventory.

How does Foley rent compare to the national average?

Foley's median rent of $1,707/mo is $258 (13%) below the US national median of $1,965/mo. Within Alabama, it ranks #21 out of 70 tracked cities.
Income Affordability
31%
MODERATE

At $1,707/mo, rent takes ~31% of Foley's median household income ($66,336/yr). The standard benchmark is 30%.

Foley 31%Benchmark 30%
State income tax2–5%
Run the Foley affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Foley, AL

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