ZIP Code · AL

ZIP 35761

Part of New Market, AL

Pop. 13,557·Madison County·17th most expensive ZIP in Alabama

Median rent (all units)

$1,753/mo

Year-over-Year

Stable

Month-over-Month

-1.7%

vs US Median

-$179

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 35761 · $1,753

More affordable than 54% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$970

1 BR

$1,070

2 BR

$1,230

3 BR

$1,590

4 BR+

$1,980

Research median

$1,230/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

What a typical income covers

30% of the median household income ($79,440) is $1,986 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,980).

From Zillow's monthly rent index (ZORI) for ZIP 35761. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,036/yr

At $1,753/mo median

Location

CityNew Market

StateAL

CountyMadison County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.0% YoY, -1.7% MoM), not inventory.

Demographics

Who lives here

ZIP 35761 (New Market, AL) is majority owner-occupied, has a large share of families with children, 31.1% of residents hold a bachelor's degree or higher.

Population

13,557

Median income

$79,440

Median age

Renters

17.5%

Age distribution

27.1%

18%

27.3%

14.4%

13.2%

Under 1827.1%

18–3418%

35–5427.3%

55–6414.4%

65+13.2%

Gender

47.5%

52.5%

Male47.5%

Female52.5%

Race & ethnicity

75.9%

15.4%

White75.9%

Black15.4%

Hispanic3.6%

Other4.7%

Education (25+)

29.4%

30.4%

31.1%

No HS diploma9%

HS diploma29.4%

Some college30.4%

Bachelor's+31.1%

Housing tenure

82.5%

17.5%

Owner82.5%

Renter17.5%

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

2021 vs 2026

How ZIP 35761 in New Market, AL has changed in 5 years

Income

$68,864 → $79,440

up 15.4%

Population

13,187 → 13,557

up 2.8%

Renter share

16.2% → 17.5%

+1.3 pts

Bachelor's+

27.5% → 31.1%

+3.6 pts

Median age

36.8 → 38

+1.2 yrs

Household income in the area moved from $68,864 to $79,440 across the same window, up 15.4% versus 2021. Census counts show ZIP 35761 in New Market, AL adding about 370 residents over the five-year window, up 2.8% on net. Bachelor's-degree-or-higher attainment moved from 27.5% to 31.1% across the same window.

Community

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Local insights

Tips for renters in ZIP 35761

About renting in ZIP 35761

Last updated: October 17, 2026

ZIP code 35761 covers New Market, AL. The median rent here is $1,753/mo as of October 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,230/mo.

At 26% of local median household income ($79,440/yr), ZIP 35761 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 ZIP 35761?

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 $1,753/mo in ZIP 35761. The local median household income is $79,440/yr, so the typical household meets that bar.