City Report · AL

Toney

·15th most expensive in Alabama·Rental market data updated monthly for Toney, AL
Median rent (all units)
$1,751/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
-$181
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Toney · $1,751
More affordable than 57% of US cities · National median $1,932/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,751/mo, rent takes about 29% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/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
Fair Market Rent (HUD)
$1,210/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,751 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 →

Rent trends

12-month history

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Last updated: September 25, 2026

Annual cost
$21,012/yr
At $1,751/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.5% MoM), not inventory.
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View Toney rent history (2015–2026) →
Salary vs rent

Can you afford rent in Toney on your salary?

At $1,751/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: September 25, 2026

The median rent in Toney is $1,751/mo as of September 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 29% of estimated US median household income ($72,000/yr), Toney ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $70,000/year (about $34/hour full-time) to afford the median rent of $1,751/mo in Toney.

Is rent going up or down in Toney?

Rent in Toney has been roughly flat over the past year, a 0.0% change.

How does Toney rent compare to other cities in Alabama?

Toney is one of the pricier among Alabama cities for rent, ranking #15 of 68 tracked cities at $1,751/mo.

Which nearby cities are cheaper to rent in than Toney?

Nearby cities with lower median rent than Toney ($1,751/mo) include Huntsville ($1,335/mo), Madison ($1,411/mo), and Hazel Green ($1,615/mo).
Income Affordability
29%
AFFORDABLE

At $1,751/mo, rent takes ~29% of US median household income ($72,000/yr). The standard benchmark is 30%.

Toney 29%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

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