ZIP Code · AL

ZIP 36532

Part of Fairhope, AL

Pop. 38,108·Baldwin County·15th most expensive ZIP in Alabama

Median rent (all units)

$1,771/mo

Year-over-Year

+2.1%

Month-over-Month

-0.3%

vs US Median

-$161

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 36532 · $1,771

More affordable than 53% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,280

1 BR

$1,400

2 BR

$1,570

3 BR

$1,980

4 BR+

$2,530

Research median

$1,570/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 36532 is 3.4% below its high of $1,834 in December 2025, at $1,771 as of September 2026.

Past year vs. the rest of Alabama

Rent in ZIP 36532 changed +2.1% over the year to September 2026. Across the 84 Alabama ZIP codes Zillow tracks, the typical change was +3.1%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($89,694) is $2,242 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,980); a 4-bedroom is $2,530.

From Zillow's monthly rent index (ZORI) for ZIP 36532. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,252/yr

At $1,771/mo median

Location

CityFairhope

StateAL

CountyBaldwin County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+2.1% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 36532 (Fairhope, AL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 49.9% of residents hold a bachelor's degree or higher.

Population

38,108

Median income

$89,694

Median age

49.6

Renters

17.5%

Age distribution

19.3%

14.1%

24.2%

16.9%

25.4%

Under 1819.3%

18–3414.1%

35–5424.2%

55–6416.9%

65+25.4%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

88%

White88%

Black4.7%

Hispanic4.2%

Asian0.7%

Other2.3%

Education (25+)

16.4%

27.6%

49.9%

No HS diploma6%

HS diploma16.4%

Some college27.6%

Bachelor's+49.9%

Housing tenure

82.5%

17.5%

Owner82.5%

Renter17.5%

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

2022 vs 2026

How ZIP 36532 in Fairhope, AL has changed in 5 years

Rent

$1,435 → $1,771

up 23.4%

Income

$79,061 → $89,694

up 13.4%

Population

35,688 → 38,108

up 6.8%

Renter share

15.1% → 17.5%

+2.4 pts

Bachelor's+

50.6% → 49.9%

-0.7 pts

Median age

44.9 → 49.6

+4.7 yrs

Since 2022, the typical rent in ZIP 36532 in Fairhope, AL has climbed from $1,435 to $1,771, a 23.4% change over five years. Household income in the area moved from $79,061 to $89,694 across the same window, up 13.4% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.8% since 2021, moving from about 35,688 residents to roughly 38,108. Renters now make up 17.5% of households, compared with 15.1% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 36532 in Fairhope, AL look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 36532

Last updated: October 17, 2026

ZIP code 36532 covers Fairhope, AL. The median rent here is $1,771/mo as of October 2026. A 1-bedroom rents for a median of $1,400/mo. A 2-bedroom rents for a median of $1,570/mo.

At 24% of local median household income ($89,694/yr), ZIP 36532 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 36532?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,771/mo in ZIP 36532. The local median household income is $89,694/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 36532?

Rent in ZIP 36532 has risen 2.1% over the past year as of September 2026. It sits 3.4% below its high of $1,834 in December 2025.

How does ZIP 36532 compare to other ZIPs in Alabama?

ZIP 36532 is one of the pricier among Alabama ZIP codes for rent, ranking #15 of 116 at $1,771/mo. Over the year to September 2026, rent in ZIP 36532 changed +2.1%, against a typical +3.1% across the 84 Alabama ZIP codes Zillow tracks.