Studio Apartment Rent in New Market, AL
Median asking rent for a studio apartment in New Market, Alabama as of June 2026. That's +46% lower than the citywide median of $1,700 and +29% below the national studio median of $1,295.
Income needed for a studio in New Market
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in New Market
Compare New Market's median rent across every apartment size.
Cheapest cities for a studio in Alabama
| # | City | Studio rent |
|---|---|---|
| 1 | Jasper | $590 |
| 2 | Gadsden | $620 |
| 3 | Daleville | $670 |
| 4 | Enterprise | $670 |
| 5 | Florence | $670 |
| 6 | Jacksonville | $680 |
| 7 | Clanton | $690 |
| 8 | Cullman | $700 |
| 9 | Troy | $750 |
| 10 | Decatur | $755 |
| 11 | Oxford | $760 |
| 12 | Opelika | $765 |
| 13 | Saraland | $780 |
| 14 | Dothan | $783 |
| 15 | Muscle Shoals | $790 |
Most expensive cities for a studio in Alabama
| # | City | Studio rent |
|---|---|---|
| 1 | Helena | $1,450 |
| 2 | Owens Cross Roads | $1,390 |
| 3 | Calera | $1,290 |
| 4 | Hoover | $1,270 |
| 5 | Madison | $1,253 |
| 6 | Pike Road | $1,240 |
| 7 | Pelham | $1,220 |
| 8 | Vestavia Hills | $1,210 |
| 9 | Trussville | $1,210 |
| 10 | Homewood | $1,210 |
| 11 | Meridianville | $1,180 |
| 12 | Spanish Fort | $1,170 |
| 13 | Chelsea | $1,170 |
| 14 | Fairhope | $1,140 |
| 15 | Orange Beach | $1,120 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than New Market.
| City | Distance | Studio rent | vs New Market |
|---|---|---|---|
| Meridianville, AL | 10 mi | $1,180 | +$260 (+28%) |
| Hazel Green, AL | 12.7 mi | $910 | $-10 (-1%) |
| Huntsville, AL | 19.5 mi | $936 | +$16 (+2%) |
| Owens Cross Roads, AL | 20.6 mi | $1,390 | +$470 (+51%) |
| Harvest, AL | 24.9 mi | $1,040 | +$120 (+13%) |
| Madison, AL | 28.6 mi | $1,253 | +$333 (+36%) |
| Tullahoma, TN | 32.2 mi | $760 | $-160 (-17%) |
| Athens, AL | 40.5 mi | $890 | $-30 (-3%) |
| Manchester, TN | 46.1 mi | $810 | $-110 (-12%) |
| Decatur, AL | 46.7 mi | $755 | $-165 (-18%) |
| Cullman, AL | 58 mi | $700 | $-220 (-24%) |
| Murfreesboro, TN | 64.1 mi | $1,505 | +$585 (+64%) |
Studio rent in New Market — common questions
How much is a studio apartment in New Market?
As of June 2026, the median studio apartment rent in New Market, Alabama is $920 per month. This is +46% below the citywide median of $1,700.
What income do you need to afford a studio in New Market?
Using the standard 30% rent-to-income rule, you would need an annual income of about $36,800 ($3,067/month gross), which works out to roughly $17.69/hour at a full-time job.
Is New Market expensive for a studio compared to the rest of the US?
New Market's studio median of $920 is +29% below the national studio median of $1,295. It ranks in the 20th percentile of US cities tracked.
How does New Market rank for studio rent in Alabama?
Among the 64 cities in Alabama with studio data, New Market ranks #34 from cheapest to most expensive.
Are there cheaper studio options near New Market?
Yes — nearby cities with cheaper studio rents include Hazel Green ($910), Tullahoma ($760), Athens ($890).