City Report · AL

Foley

Pop. 24,026·20th most expensive in Alabama·Rental market data updated monthly for Foley, AL
Median rent (all units)
$1,691/mo
Year-over-Year
+3.4%
Month-over-Month
-0.8%
vs US Median
-$241
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Foley · $1,691
More affordable than 62% of US cities · National median $1,932/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,691/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$68,000/yr
Local median income
$66,336/yr
Based on the 30%-of-income rule using Foley's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$960
2 BR
$1,230
3 BR
$1,510
4 BR+
$1,910
Fair Market Rent (HUD)
$1,230/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,691 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Foley is 0.8% below its high of $1,705 in August 2026, at $1,691 as of September 2026.

Past year vs. the rest of Alabama

Rent in Foley changed +3.4% over the year to September 2026. Across the 48 Alabama cities Zillow tracks, the typical change was +3.3%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($66,336) is $1,658 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,510); a 4-bedroom is $1,910.

From Zillow's monthly rent index (ZORI) for Foley. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,292/yr
At $1,691/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 (+3.4% YoY, -0.8% MoM), not inventory.
Rent check

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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
$1,653 → $1,691
up 2.3%
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 $1,653 a month. That figure now sits near $1,691, up 2.3% 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 $1,691/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: October 17, 2026

The median rent in Foley is $1,691/mo as of October 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 3.4% over the past year.

FAQ

Frequently asked questions

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 (about $33/hour full-time) to afford the median rent of $1,691/mo in Foley. The local median household income is $66,336/yr, so the typical household falls short of that bar.

Is rent going up or down in Foley?

Rent in Foley has risen 3.4% over the past year as of September 2026. It sits 0.8% below its high of $1,705 in August 2026.

How does Foley rent compare to other cities in Alabama?

Foley is one of the pricier among Alabama cities for rent, ranking #20 of 66 tracked cities at $1,691/mo. Over the year to September 2026, rent in Foley changed +3.4%, against a typical +3.3% across the 48 Alabama cities Zillow tracks.

Which nearby cities are cheaper to rent in than Foley?

Nearby cities with lower median rent than Foley ($1,691/mo) include Daphne ($1,612/mo), and Spanish Fort ($1,612/mo).
Income Affordability
31%
MODERATE

At $1,691/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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