At $1,660/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,660 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Margaret changed +1.6% over the year to September 2026. Across the 48 Alabama cities Zillow tracks, the typical change was +3.3%.
Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.
Grayson Valley, 10 miles away, rents for 15% less ($1,408/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Margaret.
Is your rent fair?
Compare your rent to the local median.
Who lives here
Margaret, AL is majority owner-occupied, has a median income above the national average, 20.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Margaret, AL has changed in 5 years
On the earnings side, the typical household in Margaret, AL now reports about $101,802, up from $64,992 in 2021. Census counts show Margaret, AL adding about 759 residents over the five-year window, up 14.8% on net.
Discussions about Margaret
No discussions yet. Start the conversation.
Can you afford rent in Margaret on your salary?
At $1,660/mo, how Margaret rent compares to typical pay (30% rule).
Margaret rent by bedroom count
Median rent for each apartment size in Margaret. Click any size for full breakdown.
Tips for renters in Margaret
Last updated: October 17, 2026
The median rent in Margaret is $1,660/mo as of October 2026. and 3-bedroom units go for $1,022/mo.
At 20% of local median household income ($101,802/yr), Margaret ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.
Frequently asked questions
How much income do you need to rent in Margaret?
Is rent going up or down in Margaret?
How does Margaret rent compare to other cities in Alabama?
Which nearby cities are cheaper to rent in than Margaret?
At $1,660/mo, rent takes ~20% of Margaret's median household income ($101,802/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Margaret.
No discussions yet.