At $1,941/mo, rent takes about 20% 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 $1,941 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: August 17, 2026
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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 $1,941/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: August 17, 2026
The median rent in Pike Road is $1,941/mo as of August 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 20% of local median household income ($117,091/yr), Pike Road ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.
Frequently asked questions
Is Pike Road an affordable city for renters?
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Is rent going up or down in Pike Road?
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What percentage of Pike Road residents rent vs. own?
How does Pike Road rent compare to the national average?
At $1,941/mo, rent takes ~20% 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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