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ZIP Code · AL

ZIP 35040

Part of Calera, AL
Pop. 19,304·Shelby County·25th most expensive ZIP in Alabama
Median rent (all units)
$1,747/mo
Year-over-Year
+13.2%
Month-over-Month
+0.4%
vs US Median
-$218
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 35040 · $1,747
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,490
2 BR
$1,640
3 BR
$2,050
4 BR+
$2,330
Research median
$1,640/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
$20,964/yr
At $1,747/mo median
Location
CityCalera
StateAL
CountyShelby County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.2% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 35040 (Calera, AL) is majority owner-occupied, 34.8% of residents hold a bachelor's degree or higher.

Population
19,304
Median income
$84,554
Median age
35.3
Renters
21.1%
Age distribution
24.5%
24.9%
31.9%
Under 1824.5%
18–3424.9%
35–5431.9%
55–649%
65+9.7%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
63.2%
28.5%
White63.2%
Black28.5%
Hispanic8.7%
Asian0.8%
Education (25+)
25.9%
31.2%
34.8%
No HS diploma8.2%
HS diploma25.9%
Some college31.2%
Bachelor's+34.8%
Housing tenure
78.9%
21.1%
Owner78.9%
Renter21.1%

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

2021 vs 2026

How ZIP 35040 in Calera, AL has changed in 5 years

Income
$68,848 → $84,554
up 22.8%
Population
18,433 → 19,304
up 4.7%
Renter share
19.9% → 21.1%
+1.2 pts
Bachelor's+
31.4% → 34.8%
+3.4 pts
Median age
32.8 → 35.3
+2.5 yrs

Median household income rose from $68,848 to $84,554 between 2021 and 2024, a 22.8% shift. The population has grown by 4.7% since 2021, moving from about 18,433 residents to roughly 19,304. College-educated residents now make up 34.8% of adults here, versus 31.4% in 2021.

Community

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Local insights

Tips for renters in ZIP 35040

About renting in ZIP 35040

Last updated: July 20, 2026

ZIP code 35040 covers Calera, AL. The median rent here is $1,747/mo as of July 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,640/mo.

At 25% of local median household income ($84,554/yr), ZIP 35040 ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 35040?

As of July 20, 2026, the median monthly rent in ZIP 35040 (Calera, AL) is $1,747. This is based on aggregated data from public sources and community submissions.

How does ZIP 35040 rent compare to the US average?

ZIP 35040's median rent of $1,747/mo is $218 (11%) below the US national median of $1,965/mo.

How does ZIP 35040 compare to other ZIPs in Alabama?

ZIP 35040 is one of the pricier ZIP codes in Alabama, ranking #25 out of 115 ZIPs tracked at $1,747/mo.

How much income do you need to rent in ZIP 35040?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,747/mo in ZIP 35040. The local median household income is $84,554/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 35040?

Rent in ZIP 35040 has increased 13.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 35040 an affordable place to rent?

ZIP 35040 is considered affordable for renters. At $1,747/mo, rent takes approximately 25% of the local median household income ($84,554/yr). The standard benchmark is 30%. ZIP 35040 falls comfortably within that range.

What percentage of ZIP 35040 residents rent vs. own?

According to Census data, approximately 21.1% of ZIP 35040 households are renters, while 78.9% are owner-occupied. ZIP 35040 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 35040 compare to the rest of Calera?

ZIP 35040 is pricier than Calera as a whole. At $1,747/mo, it's $2 above the Calera citywide median of $1,745/mo.

When was rent data for ZIP 35040 last updated?

Rent data for ZIP 35040 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,747/mo, rent takes ~25% of ZIP 35040's median household income ($84,554/yr). The standard benchmark is 30%.

ZIP 35040 25%Benchmark 30%
State income tax2–5%
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Schools nearby

Public schools near ZIP 35040 (Calera, AL)

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