At $1,745/mo, rent takes about 37% of the local median household income, slightly above 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 $1,745 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: July 20, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Montevallo, AL has changed in 5 years
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.
Discussions about Montevallo
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Can you afford rent in Montevallo on your salary?
At $1,745/mo, how Montevallo rent compares to typical pay (30% rule).
Montevallo rent by bedroom count
Median rent for each apartment size in Montevallo. Click any size for full breakdown.
Tips for renters in Montevallo
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.
Frequently asked questions
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What percentage of Montevallo residents rent vs. own?
How does Montevallo rent compare to the national average?
At $1,745/mo, rent takes ~37% of Montevallo's median household income ($56,626/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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