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City Report · AL

Montevallo

Pop. 7,556·18th most expensive in Alabama·Rental market data updated monthly for Montevallo, AL
Median rent (all units)
$1,745/mo
Year-over-Year
Stable
Month-over-Month
+12.7%
vs US Median
-$220
Rising (Monthly)
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Most AffordableMost Expensive
Montevallo · $1,745
More affordable than 58% of US cities · National median $1,965/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $1,745/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.

Income to afford
$70,000/yr
Local median income
$56,626/yr
Based on the 30%-of-income rule using Montevallo's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$1,000
2 BR
$1,130
3 BR
$1,420
4 BR+
$1,580
Research median
$1,130/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
$20,940/yr
At $1,745/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +12.7% MoM), not inventory.
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Demographics

Who lives here

Montevallo, AL is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 30.4% of residents hold a bachelor's degree or higher.

Population
7,556
Median income
$56,626
Median age
26
Renters
35.1%
Age distribution
16.6%
42.7%
18.2%
13.6%
Under 1816.6%
18–3442.7%
35–5418.2%
55–649%
65+13.6%
Gender
41.6%
58.4%
Male41.6%
Female58.4%
Race & ethnicity
67.1%
27.4%
White67.1%
Black27.4%
Hispanic6.4%
Asian2%
Education (25+)
29.8%
31.6%
30.4%
No HS diploma8.1%
HS diploma29.8%
Some college31.6%
Bachelor's+30.4%
Housing tenure
64.9%
35.1%
Owner64.9%
Renter35.1%

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

2021 vs 2026

How Montevallo, AL has changed in 5 years

Income
$43,504 → $56,626
up 30.2%
Population
6,968 → 7,556
up 8.4%
Renter share
36.4% → 35.1%
-1.3 pts
Bachelor's+
29.7% → 30.4%
+0.7 pts
Median age
27.5 → 26
-1.5 yrs

On the earnings side, the typical household in Montevallo, AL now reports about $56,626, up from $43,504 in 2021. Headcount in the area went from 6,968 to 7,556 between 2021 and 2024, a 8.4% change.

Community

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

Can you afford rent in Montevallo on your salary?

At $1,745/mo, how Montevallo rent compares to typical pay (30% rule).

By apartment size

Montevallo rent by bedroom count

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

Local insights

Tips for renters in Montevallo

About renting in Montevallo, AL

Last updated: July 20, 2026

The median rent in Montevallo is $1,745/mo as of July 2026. A studio apartment averages $890/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $1,000/mo and 3-bedroom units go for $1,420/mo.

At 37% of local median household income ($56,626/yr), Montevallo ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Montevallo an affordable city for renters?

Montevallo is considered moderate for renters. At $1,745/mo, rent takes approximately 37% of the local median household income ($56,626/yr). The standard benchmark is 30%. Montevallo slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Montevallo?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,745/mo in Montevallo. The local median household income is $56,626/yr, meaning the typical Montevallo household falls short of that threshold.

Is rent going up or down in Montevallo?

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

How does Montevallo rent compare to other cities in Alabama?

Montevallo is one of the pricier cities in Alabama for rent, ranking #18 out of 70 tracked cities at $1,745/mo.

Which nearby cities are cheaper to rent in than Montevallo?

Bessemer is nearby and more affordable at $1,400/mo, which is $345 less than Montevallo.

What percentage of Montevallo residents rent vs. own?

According to Census data, approximately 35.1% of Montevallo households are renters, while 64.9% are owner-occupied. Montevallo leans toward homeownership, which can mean a smaller rental inventory.

How does Montevallo rent compare to the national average?

Montevallo's median rent of $1,745/mo is $220 (11%) below the US national median of $1,965/mo. Within Alabama, it ranks #18 out of 70 tracked cities.
Income Affordability
37%
MODERATE

At $1,745/mo, rent takes ~37% of Montevallo's median household income ($56,626/yr). The standard benchmark is 30%.

Montevallo 37%Benchmark 30%
State income tax2–5%
Run the Montevallo affordability calculator →
Lowest-rent ZIP codes in Montevallo
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Montevallo, AL

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