ZIP Code · AL

ZIP 35007

Part of Alabaster, AL

Pop. 28,586·Shelby County·10th most expensive ZIP in Alabama

Median rent (all units)

$1,807/mo

Year-over-Year

+3.7%

Month-over-Month

+1.0%

vs US Median

-$125

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 35007 · $1,807

More expensive than 50% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,150

1 BR

$1,300

2 BR

$1,420

3 BR

$1,780

4 BR+

$2,020

Research median

$1,420/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 35007 is at its highest level since Zillow's records here began in March 2023.

Past year vs. the rest of Alabama

Rent in ZIP 35007 changed +3.7% over the year to September 2026. Across the 84 Alabama ZIP codes Zillow tracks, the typical change was +3.1%.

Recent direction

Rent has risen 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($88,505) is $2,213 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,020).

Cheaper nearby

ZIP 35244, 10 miles away, rents for 26% less ($1,342/mo), about $5,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 35007. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,684/yr

At $1,807/mo median

Location

CityAlabaster

StateAL

CountyShelby County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.7% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 35007 (Alabaster, AL) is majority owner-occupied, 39.2% of residents hold a bachelor's degree or higher.

Population

28,586

Median income

$88,505

Median age

39.2

Renters

15.7%

Age distribution

24.4%

22%

25.4%

14.3%

13.9%

Under 1824.4%

18–3422%

35–5425.4%

55–6414.3%

65+13.9%

Gender

47.4%

52.6%

Male47.4%

Female52.6%

Race & ethnicity

69.7%

15.7%

14%

White69.7%

Black15.7%

Hispanic14%

Asian1.3%

Education (25+)

26.3%

26.8%

39.2%

No HS diploma7.7%

HS diploma26.3%

Some college26.8%

Bachelor's+39.2%

Housing tenure

84.3%

15.7%

Owner84.3%

Renter15.7%

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

2023 vs 2026

How ZIP 35007 in Alabaster, AL has changed in 5 years

Rent

$1,582 → $1,807

up 14.2%

Income

$74,741 → $88,505

up 18.4%

Population

27,323 → 28,586

up 4.6%

Renter share

15.8% → 15.7%

-0.1 pts

Bachelor's+

35.5% → 39.2%

+3.7 pts

Median age

38 → 39.2

+1.2 yrs

Rent in ZIP 35007 in Alabaster, AL has climbed 14.2% since 2023, going from about $1,582 per month to roughly $1,807 today. Local incomes tracked alongside that move, going from a median of $74,741 in 2021 to $88,505 more recently. Income growth outran rent by about 4.2 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 27,323 to 28,586 between 2021 and 2024, a 4.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35.5% to 39.2%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 35007 in Alabaster, AL market of 2023.

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About renting in ZIP 35007

Last updated: October 17, 2026

ZIP code 35007 covers Alabaster, AL. The median rent here is $1,807/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,420/mo.

At 25% of local median household income ($88,505/yr), ZIP 35007 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 35007?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,807/mo in ZIP 35007. The local median household income is $88,505/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 35007?

Rent in ZIP 35007 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2023.

How does ZIP 35007 compare to other ZIPs in Alabama?

ZIP 35007 is one of the pricier among Alabama ZIP codes for rent, ranking #10 of 116 at $1,807/mo. Over the year to September 2026, rent in ZIP 35007 changed +3.7%, against a typical +3.1% across the 84 Alabama ZIP codes Zillow tracks.