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ZIP Code · AL

ZIP 35115

Pop. 17,610·Shelby County·28th most expensive ZIP in Alabama
Median rent (all units)
$1,716/mo
Year-over-Year
Stable
Month-over-Month
+5.7%
vs US Median
-$249
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 35115 · $1,716
More affordable than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$900
2 BR
$1,020
3 BR
$1,280
4 BR+
$1,430
Research median
$1,020/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
$20,592/yr
At $1,716/mo median
Location
StateAL
CountyShelby County
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, +5.7% MoM), not inventory.
Demographics

Who lives here

ZIP 35115 (Montevallo, AL) is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 21.6% of residents hold a bachelor's degree or higher.

Population
17,610
Median income
$57,372
Median age
32.4
Renters
28.2%
Age distribution
22.4%
31.7%
21.8%
12.4%
Under 1822.4%
18–3431.7%
35–5421.8%
55–6411.8%
65+12.4%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
66.6%
16.7%
23.5%
White66.6%
Black16.7%
Hispanic23.5%
Asian0.9%
Education (25+)
16.7%
33.1%
28.6%
21.6%
No HS diploma16.7%
HS diploma33.1%
Some college28.6%
Bachelor's+21.6%
Housing tenure
71.8%
28.2%
Owner71.8%
Renter28.2%

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

2021 vs 2026

How ZIP 35115 in Montevallo, AL has changed in 5 years

Income
$47,500 → $57,372
up 20.8%
Population
17,448 → 17,610
up 0.9%
Renter share
31.3% → 28.2%
-3.1 pts
Bachelor's+
21.3% → 21.6%
+0.3 pts

Census figures show median household income at $57,372 today, compared with $47,500 five years earlier. The renter share has eased from 31.3% to 28.2%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 35115

Last updated: July 20, 2026

ZIP code 35115 covers Montevallo, AL. The median rent here is $1,716/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,020/mo.

At 36% of local median household income ($57,372/yr), ZIP 35115 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 35115?

As of July 20, 2026, the median monthly rent in ZIP 35115 (Montevallo, AL) is $1,716. This is based on aggregated data from public sources and community submissions.

How does ZIP 35115 rent compare to the US average?

ZIP 35115's median rent of $1,716/mo is $249 (13%) below the US national median of $1,965/mo.

How does ZIP 35115 compare to other ZIPs in Alabama?

ZIP 35115 is one of the pricier ZIP codes in Alabama, ranking #28 out of 115 ZIPs tracked at $1,716/mo.

How much income do you need to rent in ZIP 35115?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,716/mo in ZIP 35115. The local median household income is $57,372/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 35115?

Rent in ZIP 35115 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 35115 an affordable place to rent?

ZIP 35115 is considered moderate for renters. At $1,716/mo, rent takes approximately 36% of the local median household income ($57,372/yr). The standard benchmark is 30%. ZIP 35115 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 35115 residents rent vs. own?

According to Census data, approximately 28.2% of ZIP 35115 households are renters, while 71.8% are owner-occupied. ZIP 35115 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 35115 compare to the rest of Montevallo?

ZIP 35115 is more affordable than Montevallo overall. At $1,716/mo, it's $29 below the Montevallo citywide median of $1,745/mo.

When was rent data for ZIP 35115 last updated?

Rent data for ZIP 35115 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $1,716/mo, rent takes ~36% of ZIP 35115's median household income ($57,372/yr). The standard benchmark is 30%.

ZIP 35115 36%Benchmark 30%
State income tax2–5%
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Schools nearby

Public schools near ZIP 35115 (Montevallo, AL)

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