ZIP Code · AL

ZIP 35603

Part of Decatur, AL
Pop. 32,179·Morgan County·93rd most expensive ZIP in Alabama
Median rent (all units)
$1,155/mo
Year-over-Year
+4.2%
Month-over-Month
+1.1%
vs US Median
-$777
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 35603 · $1,155
More affordable than 93% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$810
2 BR
$1,000
3 BR
$1,310
4 BR+
$1,610
Research median
$1,000/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

Past year vs. the rest of Alabama

Rent in ZIP 35603 changed +4.1% 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 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($81,490) is $2,037 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,610).

Cheaper nearby

ZIP 35601, 6 miles away, rents for 11% less ($1,030/mo), about $1,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 35603. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,860/yr
At $1,155/mo median
Location
StateAL
CountyMorgan County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.2% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 35603 (Decatur, AL) is majority owner-occupied, has a large retiree population, 28.3% of residents hold a bachelor's degree or higher.

Population
32,179
Median income
$81,490
Median age
42
Renters
26.1%
Age distribution
24%
16.3%
25.1%
14.1%
20.5%
Under 1824%
18–3416.3%
35–5425.1%
55–6414.1%
65+20.5%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
74.4%
14.8%
White74.4%
Black14.8%
Hispanic7.6%
Asian1.1%
Other2%
Education (25+)
29.9%
32.6%
28.3%
No HS diploma9.2%
HS diploma29.9%
Some college32.6%
Bachelor's+28.3%
Housing tenure
73.9%
26.1%
Owner73.9%
Renter26.1%

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

2021 vs 2026

How ZIP 35603 in Decatur, AL has changed in 5 years

Income
$65,453 → $81,490
up 24.5%
Population
32,186 → 32,179
up 0.0%
Renter share
26.9% → 26.1%
-0.8 pts
Bachelor's+
28.2% → 28.3%
+0.1 pts
Median age
44.5 → 42
-2.5 yrs

On the earnings side, the typical household in ZIP 35603 in Decatur, AL now reports about $81,490, up from $65,453 in 2021.

Community

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Local insights

Tips for renters in ZIP 35603

About renting in ZIP 35603

Last updated: October 17, 2026

ZIP code 35603 covers Decatur, AL. The median rent here is $1,155/mo as of October 2026. A 1-bedroom rents for a median of $810/mo. A 2-bedroom rents for a median of $1,000/mo.

At 17% of local median household income ($81,490/yr), ZIP 35603 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 35603?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (about $22/hour full-time) to afford the median rent of $1,155/mo in ZIP 35603. The local median household income is $81,490/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 35603?

Rent in ZIP 35603 has risen 4.2% over the past year.

How does ZIP 35603 compare to other ZIPs in Alabama?

ZIP 35603 is one of the more affordable among Alabama ZIP codes for rent, ranking #93 of 116 at $1,155/mo. Over the year to September 2026, rent in ZIP 35603 changed +4.1%, against a typical +3.1% across the 84 Alabama ZIP codes Zillow tracks.

How does ZIP 35603 compare to the rest of Decatur?

At $1,155/mo, ZIP 35603 is $113 above the Decatur citywide median of $1,042/mo.
Income Affordability
17%
VERY AFFORDABLE

At $1,155/mo, rent takes ~17% of ZIP 35603's median household income ($81,490/yr). The standard benchmark is 30%.

ZIP 35603 17%Benchmark 30%
State income tax2–5%
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Schools nearby

Public schools near ZIP 35603 (Decatur, AL)

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