At $1,726/mo, rent takes about 18% of the local median household income, comfortably within 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 $1,726 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: October 17, 2026
What the numbers show
Rent in Pike Road changed +3.8% over the year to September 2026. Across the 48 Alabama cities Zillow tracks, the typical change was +3.3%.
Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($117,091) is $2,927 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,430).
Montgomery, 12 miles away, rents for 24% less ($1,305/mo), about $5,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Pike Road. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Pike Road, AL has changed in 5 years
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.
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Can you afford rent in Pike Road on your salary?
At $1,726/mo, how Pike Road rent compares to typical pay (30% rule).
Pike Road rent by bedroom count
Median rent for each apartment size in Pike Road. Click any size for full breakdown.
Tips for renters in Pike Road
Last updated: October 17, 2026
The median rent in Pike Road is $1,726/mo as of October 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 increased 3.8% over the past year.
Frequently asked questions
How much income do you need to rent in Pike Road?
Is rent going up or down in Pike Road?
How does Pike Road rent compare to other cities in Alabama?
Which nearby cities are cheaper to rent in than Pike Road?
At $1,726/mo, rent takes ~18% of Pike Road's median household income ($117,091/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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