City Report · AL

Oxford

Pop. 22,063·63rd most expensive in Alabama·One of the most affordable rental markets in the US
Median rent (all units)
$1,116/mo
Year-over-Year
+3.5%
Month-over-Month
+1.8%
vs US Median
-$849
Rising (Monthly)
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Most AffordableMost Expensive
Oxford · $1,116
More affordable than 95% of US cities · National median $1,965/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,116/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$45,000/yr
Local median income
$74,268/yr
Based on the 30%-of-income rule using Oxford's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$800
2 BR
$1,020
3 BR
$1,410
4 BR+
$1,490
Research median
$1,020/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
$13,392/yr
At $1,116/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.5% YoY, +1.8% MoM), not inventory.
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Demographics

Who lives here

Oxford, AL is majority owner-occupied, 24.8% of residents hold a bachelor's degree or higher.

Population
22,063
Median income
$74,268
Median age
38.3
Renters
24.9%
Age distribution
23%
22.3%
25.8%
12.3%
16.7%
Under 1823%
18–3422.3%
35–5425.8%
55–6412.3%
65+16.7%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
74%
15.4%
White74%
Black15.4%
Hispanic6%
Asian1.4%
Other3.4%
Education (25+)
30.6%
33%
24.8%
No HS diploma11.6%
HS diploma30.6%
Some college33%
Bachelor's+24.8%
Housing tenure
75.1%
24.9%
Owner75.1%
Renter24.9%

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

2021 vs 2026

How Oxford, AL has changed in 5 years

Income
$62,226 → $74,268
up 19.4%
Population
22,210 → 22,063
down 0.7%
Renter share
28.2% → 24.9%
-3.3 pts
Bachelor's+
23.1% → 24.8%
+1.7 pts
Median age
37.5 → 38.3
+0.8 yrs

Household income in the area moved from $62,226 to $74,268 across the same window, up 19.4% versus 2021. The renter share has eased from 28.2% to 24.9%, with owner-occupied housing accounting for the remainder.

Community

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

Can you afford rent in Oxford on your salary?

At $1,116/mo, how Oxford rent compares to typical pay (30% rule).

By apartment size

Oxford rent by bedroom count

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

Local insights

Tips for renters in Oxford

About renting in Oxford, AL

Last updated: July 20, 2026

The median rent in Oxford is $1,116/mo as of July 2026. A studio apartment averages $760/mo while a 2-bedroom runs $1,020/mo. One-bedroom apartments average $800/mo and 3-bedroom units go for $1,410/mo.

At 18% of local median household income ($74,268/yr), Oxford ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

Is Oxford an affordable city for renters?

Oxford is considered very affordable for renters. At $1,116/mo, rent takes approximately 18% of the local median household income ($74,268/yr). The standard benchmark is 30%. Oxford falls comfortably within that range.

How much income do you need to rent in Oxford?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (~$22/hour full-time) to afford the median rent of $1,116/mo in Oxford. The local median household income is $74,268/yr, meaning the typical Oxford household meets that threshold.

Is rent going up or down in Oxford?

Rent in Oxford has increased 3.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Oxford rent compare to other cities in Alabama?

Oxford is one of the more affordable cities in Alabama for rent, ranking #63 out of 70 tracked cities at $1,116/mo.

Which nearby cities are cheaper to rent in than Oxford?

Several nearby cities have lower median rents than Oxford ($1,116/mo): Jacksonville ($864/mo), Anniston ($1,027/mo), Talladega ($1,088/mo).

What percentage of Oxford residents rent vs. own?

According to Census data, approximately 24.9% of Oxford households are renters, while 75.1% are owner-occupied. Oxford leans toward homeownership, which can mean a smaller rental inventory.

How does Oxford rent compare to the national average?

Oxford's median rent of $1,116/mo is $849 (43%) below the US national median of $1,965/mo. Within Alabama, it ranks #63 out of 70 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,116/mo, rent takes ~18% of Oxford's median household income ($74,268/yr). The standard benchmark is 30%.

Oxford 18%Benchmark 30%
State income tax2–5%
Run the Oxford affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oxford, AL

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