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City Report · AL

Leeds

Pop. 12,028·25th most expensive in Alabama·Rental market data updated monthly for Leeds, AL
Median rent (all units)
$1,662/mo
Year-over-Year
Stable
Month-over-Month
-0.2%
vs US Median
-$300
Stable (Monthly)
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Most AffordableMost Expensive
Leeds · $1,662
More affordable than 65% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,662/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$69,737/yr
Based on the 30%-of-income rule using Leeds's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$1,030
2 BR
$1,140
3 BR
$1,420
4 BR+
$1,610
Fair Market Rent (HUD)
$1,140/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,662 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: August 17, 2026

Annual cost
$19,944/yr
At $1,662/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 (+0.0% YoY, -0.2% MoM), not inventory.
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Demographics

Who lives here

Leeds, AL is majority owner-occupied, has a large share of families with children, 27.7% of residents hold a bachelor's degree or higher.

Population
12,028
Median income
$69,737
Median age
39.3
Renters
28%
Age distribution
25.3%
18.8%
27.6%
16.9%
Under 1825.3%
18–3418.8%
35–5427.6%
55–6411.3%
65+16.9%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
71.5%
13.3%
15.5%
White71.5%
Black13.3%
Hispanic15.5%
Education (25+)
12.1%
25.9%
34.2%
27.7%
No HS diploma12.1%
HS diploma25.9%
Some college34.2%
Bachelor's+27.7%
Housing tenure
72%
28%
Owner72%
Renter28%

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

2021 vs 2026

How Leeds, AL has changed in 5 years

Income
$62,432 → $69,737
up 11.7%
Population
12,385 → 12,028
down 2.9%
Renter share
23.7% → 28%
+4.3 pts
Bachelor's+
28.2% → 27.7%
-0.5 pts
Median age
38.8 → 39.3
+0.5 yrs

Median household income rose from $62,432 to $69,737 between 2021 and 2024, a 11.7% shift. The population has contracted by 2.9% since 2021, moving from about 12,385 residents to roughly 12,028. Renters now make up 28% of households, compared with 23.7% five years ago.

Community

Discussions about Leeds

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

Can you afford rent in Leeds on your salary?

At $1,662/mo, how Leeds rent compares to typical pay (30% rule).

By apartment size

Leeds rent by bedroom count

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

Local insights

Tips for renters in Leeds

About renting in Leeds, AL

Last updated: August 17, 2026

The median rent in Leeds is $1,662/mo as of August 2026. A studio apartment averages $900/mo while a 2-bedroom runs $1,140/mo. One-bedroom apartments average $1,030/mo and 3-bedroom units go for $1,420/mo.

At 29% of local median household income ($69,737/yr), Leeds ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Leeds an affordable city for renters?

Leeds is considered affordable for renters. At $1,662/mo, rent takes approximately 29% of the local median household income ($69,737/yr). The standard benchmark is 30%. Leeds falls comfortably within that range.

How much income do you need to rent in Leeds?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,662/mo in Leeds. The local median household income is $69,737/yr, meaning the typical Leeds household meets that threshold.

Is rent going up or down in Leeds?

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

How does Leeds rent compare to other cities in Alabama?

Leeds is middle-of-the-pack for Alabama for rent, ranking #25 out of 70 tracked cities at $1,662/mo.

Which nearby cities are cheaper to rent in than Leeds?

Several nearby cities have lower median rents than Leeds ($1,662/mo): Lake Purdy ($1,262/mo), Grayson Valley ($1,332/mo), Trussville ($1,531/mo).

What percentage of Leeds residents rent vs. own?

According to Census data, approximately 28% of Leeds households are renters, while 72% are owner-occupied. Leeds leans toward homeownership, which can mean a smaller rental inventory.

How does Leeds rent compare to the national average?

Leeds's median rent of $1,662/mo is $300 (15%) below the US national median of $1,962/mo. Within Alabama, it ranks #25 out of 70 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,662/mo, rent takes ~29% of Leeds's median household income ($69,737/yr). The standard benchmark is 30%.

Leeds 29%Benchmark 30%
State income tax2–5%
Run the Leeds affordability calculator →
Lowest-rent ZIP codes in Leeds
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Leeds, AL

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