RentData

Average Rent in Anniston, AL Rents rising 4.2% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 116,141

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Anniston, AL has rental prices ranging from $725/month to $1,394/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $730/month — 48% below the national average of $1,400/month. With a median household income of $55,826/year, spending $730/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Anniston Compares

With an average 2-bedroom rent of $941/month, Anniston ranks #15 most expensive of the 58 cities tracked in Alabama — pricier than 54% of all US cities in our data.

The Anniston Rental Market

The Anniston, AL area has a population of about 116,141 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Anniston, AL have risen by $38/month (4.2%) over the past year, from $903 to $941. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Anniston, AL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,200. The local median household income of $55,826 exceeds that threshold by $26,626, making Anniston relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Anniston, AL is $146,986, giving a price-to-rent ratio of 13.0. The break-even point between renting and buying is roughly 13 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Fair Market Rents

HUD FY2025
Studio
$725
Affordable
1 Bedroom
$730
Affordable
2 Bedrooms
$941
4.2% YoY
Affordable
3 Bedrooms
$1,295
Affordable
4 Bedrooms
$1,394
Affordable
🔔
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Median Home Value
$146,986
Source: Zillow ZHVI
Est. monthly payment
$782/mo
20% down · 30yr · 7%

Is Anniston, AL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$37,640/year
Local median income: $55,826
To buy a median home
$31,293/year
US national median: $75,000
💡 Based on a 2BR rent of $941/month and 20% down on a $146,986 home at 7% rate.

Nearby Cities in ALlargest metros in the state

CityStudio1BR2BR3BRHome Value
Birmingham$998$1,144$1,267$1,583
Huntsville$928$1,071$1,248$1,609
Washington County$810$908$1,092$1,435
Mobile$812$908$1,094$1,441
Montgomery$848$888$1,055$1,345
Columbus$883$937$1,108$1,463

Rent or Buy in Anniston?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Anniston data

$
Home Value
$146,986
2BR Rent
$941/mo
Mortgage Rate
7%
Monthly P&I
$782/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $1,082/movs rent: $941/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $146,986 home at 7% rate

20% — $29,397
3%50%
Estimated Monthly Payment
$782
per month · 30 years · 7% APR
Loan Amount
$117,589
Total Paid
$281,636
Total Interest
$164,047
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Anniston

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🏘️Neighborhoods in Anniston

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⚖️Rent vs Buy in Anniston

Is it cheaper to rent or buy here?

💵Rent Affordability in Anniston

Salary needed to afford rent here

🗺️All Cities in AL

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📋AL Tenant Rights

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