City Report · AL

Grayson Valley

Pop. 6,077·49th most expensive in Alabama·One of the most affordable rental markets in the US
Median rent (all units)
$1,344/mo
Year-over-Year
Stable
Month-over-Month
-3.2%
vs US Median
-$621
Falling (Monthly)
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Most AffordableMost Expensive
Grayson Valley · $1,344
More affordable than 85% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,344/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$64,597/yr
Based on the 30%-of-income rule using Grayson Valley's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

2 BR
$1,112
3 BR
$1,609
4 BR+
$2,177
Research median
$1,112/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
$16,128/yr
At $1,344/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.2% MoM), not inventory.
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Demographics

Who lives here

Grayson Valley, AL is majority owner-occupied, has a median income below the national average, 32.6% of residents hold a bachelor's degree or higher.

Population
6,077
Median income
$64,597
Median age
34.6
Renters
31.8%
Age distribution
24.1%
28.4%
28.8%
Under 1824.1%
18–3428.4%
35–5428.8%
55–647.3%
65+11.4%
Gender
44.8%
55.2%
Male44.8%
Female55.2%
Race & ethnicity
29.9%
62.4%
White29.9%
Black62.4%
Hispanic5.2%
Asian1.6%
Other0.9%
Education (25+)
26.3%
36.1%
32.6%
No HS diploma5%
HS diploma26.3%
Some college36.1%
Bachelor's+32.6%
Housing tenure
68.2%
31.8%
Owner68.2%
Renter31.8%

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

2021 vs 2026

How Grayson Valley, AL has changed in 5 years

Income
$53,403 → $64,597
up 21.0%
Population
6,037 → 6,077
up 0.7%
Renter share
30.2% → 31.8%
+1.6 pts
Bachelor's+
29.4% → 32.6%
+3.2 pts
Median age
33.9 → 34.6
+0.7 yrs

Census figures show median household income at $64,597 today, compared with $53,403 five years earlier. The renter share has risen from 30.2% to 31.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 29.4% to 32.6% across the same window.

Community

Discussions about Grayson Valley

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View Grayson Valley rent history (2015–2026) →
Salary vs rent

Can you afford rent in Grayson Valley on your salary?

At $1,344/mo, how Grayson Valley rent compares to typical pay (30% rule).

By apartment size

Grayson Valley rent by bedroom count

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

Local insights

Tips for renters in Grayson Valley

About renting in Grayson Valley, AL

Last updated: July 20, 2026

The median rent in Grayson Valley is $1,344/mo as of July 2026. a 2-bedroom runs $1,112/mo and 3-bedroom units go for $1,609/mo.

At 25% of local median household income ($64,597/yr), Grayson Valley ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Grayson Valley an affordable city for renters?

Grayson Valley is considered affordable for renters. At $1,344/mo, rent takes approximately 25% of the local median household income ($64,597/yr). The standard benchmark is 30%. Grayson Valley falls comfortably within that range.

How much income do you need to rent in Grayson Valley?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,344/mo in Grayson Valley. The local median household income is $64,597/yr, meaning the typical Grayson Valley household meets that threshold.

Is rent going up or down in Grayson Valley?

Rent in Grayson Valley has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Grayson Valley rent compare to other cities in Alabama?

Grayson Valley is one of the more affordable cities in Alabama for rent, ranking #49 out of 70 tracked cities at $1,344/mo.

Which nearby cities are cheaper to rent in than Grayson Valley?

Several nearby cities have lower median rents than Grayson Valley ($1,344/mo): Tarrant ($1,074/mo), Center Point ($1,333/mo).

What percentage of Grayson Valley residents rent vs. own?

According to Census data, approximately 31.8% of Grayson Valley households are renters, while 68.2% are owner-occupied. Grayson Valley leans toward homeownership, which can mean a smaller rental inventory.

How does Grayson Valley rent compare to the national average?

Grayson Valley's median rent of $1,344/mo is $621 (32%) below the US national median of $1,965/mo. Within Alabama, it ranks #49 out of 70 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,344/mo, rent takes ~25% of Grayson Valley's median household income ($64,597/yr). The standard benchmark is 30%.

Grayson Valley 25%Benchmark 30%
State income tax2–5%
Run the Grayson Valley affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Grayson Valley, AL

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