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City Report · AL

Pike Road

Pop. 10,574·16th most expensive in Alabama·Rental market data updated monthly for Pike Road, AL
Median rent (all units)
$1,767/mo
Year-over-Year
-4.6%
Month-over-Month
-10.1%
vs US Median
-$198
Falling (Monthly)
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Most AffordableMost Expensive
Pike Road · $1,767
More affordable than 56% of US cities · National median $1,965/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,767/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$71,000/yr
Local median income
$117,091/yr
Based on the 30%-of-income rule using Pike Road's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,300
2 BR
$1,540
3 BR
$1,960
4 BR+
$2,430
Research median
$1,540/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
$21,204/yr
At $1,767/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.6% YoY, -10.1% MoM), not inventory.
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Demographics

Who lives here

Pike Road, AL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 55.4% of residents hold a bachelor's degree or higher.

Population
10,574
Median income
$117,091
Median age
35.9
Renters
14.6%
Age distribution
30.9%
17.7%
27.6%
12.7%
Under 1830.9%
18–3417.7%
35–5427.6%
55–6411.1%
65+12.7%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
57.1%
31.1%
White57.1%
Black31.1%
Hispanic2.8%
Asian8.3%
Other0.8%
Education (25+)
30.4%
55.4%
No HS diploma2.5%
HS diploma11.8%
Some college30.4%
Bachelor's+55.4%
Housing tenure
85.4%
14.6%
Owner85.4%
Renter14.6%

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

2021 vs 2026

How Pike Road, AL has changed in 5 years

Income
$109,537 → $117,091
up 6.9%
Population
9,193 → 10,574
up 15.0%
Renter share
16.4% → 14.6%
-1.8 pts
Bachelor's+
54% → 55.4%
+1.4 pts
Median age
33.1 → 35.9
+2.8 yrs

Median household income climbed from $109,537 to $117,091 between 2021 and 2024, a 6.9% shift. Census counts show Pike Road, AL adding about 1,381 residents over the five-year window, up 15.0% on net. The renter share has eased from 16.4% to 14.6%, with owner-occupied housing accounting for the remainder.

Community

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View Pike Road rent history (2015–2026) →
Salary vs rent

Can you afford rent in Pike Road on your salary?

At $1,767/mo, how Pike Road rent compares to typical pay (30% rule).

By apartment size

Pike Road rent by bedroom count

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

Local insights

Tips for renters in Pike Road

About renting in Pike Road, AL

Last updated: July 20, 2026

The median rent in Pike Road is $1,767/mo as of July 2026. A studio apartment averages $1,240/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,300/mo and 3-bedroom units go for $1,960/mo.

At 18% of local median household income ($117,091/yr), Pike Road ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.6% over the past year.

FAQ

Frequently asked questions

Is Pike Road an affordable city for renters?

Pike Road is considered very affordable for renters. At $1,767/mo, rent takes approximately 18% of the local median household income ($117,091/yr). The standard benchmark is 30%. Pike Road falls comfortably within that range.

How much income do you need to rent in Pike Road?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,767/mo in Pike Road. The local median household income is $117,091/yr, meaning the typical Pike Road household meets that threshold.

Is rent going up or down in Pike Road?

Rent in Pike Road has decreased 4.6% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Pike Road rent compare to other cities in Alabama?

Pike Road is one of the pricier cities in Alabama for rent, ranking #16 out of 70 tracked cities at $1,767/mo.

Which nearby cities are cheaper to rent in than Pike Road?

Several nearby cities have lower median rents than Pike Road ($1,767/mo): Troy ($1,017/mo), Montgomery ($1,343/mo), Millbrook ($1,427/mo).

What percentage of Pike Road residents rent vs. own?

According to Census data, approximately 14.6% of Pike Road households are renters, while 85.4% are owner-occupied. Pike Road leans toward homeownership, which can mean a smaller rental inventory.

How does Pike Road rent compare to the national average?

Pike Road's median rent of $1,767/mo is $198 (10%) below the US national median of $1,965/mo. Within Alabama, it ranks #16 out of 70 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,767/mo, rent takes ~18% of Pike Road's median household income ($117,091/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Pike Road, AL

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