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City Report · AL

Toney

·8th most expensive in Alabama·Rental market data updated monthly for Toney, AL
Median rent (all units)
$1,850/mo
Year-over-Year
Stable
Month-over-Month
+6.1%
vs US Median
-$115
Rising (Monthly)
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Most AffordableMost Expensive
Toney · $1,850
More affordable than 51% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,850/mo, rent takes about 31% of the US median household income, slightly above the 30% benchmark.

Income to afford
$74,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Toney's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$1,040
2 BR
$1,210
3 BR
$1,560
4 BR+
$1,900
Research median
$1,210/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
$22,200/yr
At $1,850/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +6.1% MoM), not inventory.
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Community

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

Can you afford rent in Toney on your salary?

At $1,850/mo, how Toney rent compares to typical pay (30% rule).

By apartment size

Toney rent by bedroom count

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

Local insights

Tips for renters in Toney

About renting in Toney, AL

Last updated: July 20, 2026

The median rent in Toney is $1,850/mo as of July 2026. A studio apartment averages $900/mo while a 2-bedroom runs $1,210/mo. One-bedroom apartments average $1,040/mo and 3-bedroom units go for $1,560/mo.

At 31% of estimated US median household income ($72,000/yr), Toney ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Toney an affordable city for renters?

Toney is considered moderate for renters. At $1,850/mo, rent takes approximately 31% of the US median household income ($72,000/yr). The standard benchmark is 30%. Toney slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Toney?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,850/mo in Toney.

Is rent going up or down in Toney?

Rent in Toney has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Toney rent compare to other cities in Alabama?

Toney is one of the pricier cities in Alabama for rent, ranking #8 out of 70 tracked cities at $1,850/mo.

Which nearby cities are cheaper to rent in than Toney?

Several nearby cities have lower median rents than Toney ($1,850/mo): Huntsville ($1,322/mo), Madison ($1,442/mo), Hazel Green ($1,663/mo).

How does Toney rent compare to the national average?

Toney's median rent of $1,850/mo is $115 (6%) below the US national median of $1,965/mo. Within Alabama, it ranks #8 out of 70 tracked cities.
Income Affordability
31%
MODERATE

At $1,850/mo, rent takes ~31% of US median household income ($72,000/yr). The standard benchmark is 30%.

Toney 31%Benchmark 30%
State income tax2–5%
Run the Toney affordability calculator →
Lowest-rent ZIP codes in Toney
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Toney, AL

Recent submissions

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