RentData

Average Rent in Dothan, AL Rents falling 0.9% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 151,804

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

Market Overview

Dothan, AL has rental prices ranging from $718/month to $1,384/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $722/month — 48% below the national average of $1,400/month. With a median household income of $56,772/year, spending $722/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Dothan Compares

With an average 2-bedroom rent of $896/month, Dothan ranks #20 most expensive of the 58 cities tracked in Alabama — more affordable than 77% of all US cities in our data.

The Dothan Rental Market

The Dothan, AL area has a population of about 151,804 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Dothan, AL have fallen by $8/month (0.9%) over the past year, from $904 to $896. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Dothan, AL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,880. The local median household income of $56,772 exceeds that threshold by $27,892, making Dothan relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Dothan, AL is $208,403, giving a price-to-rent ratio of 19.4. With a break-even horizon of approximately 19 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Dothan's neighborhoods. Among the highest-value areas are East Highlands ($38,818 median home value), Pine Street/Stough ($55,081 median home value), Headland ($69,127 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$718
Affordable
1 Bedroom
$722
Affordable
2 Bedrooms
$896
0.9% YoY
Affordable
3 Bedrooms
$1,223
Affordable
4 Bedrooms
$1,384
Affordable
🔔
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Median Home Value
$208,403
Source: Zillow ZHVI
Est. monthly payment
$1,109/mo
20% down · 30yr · 7%

Is Dothan, 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
$35,840/year
Local median income: $56,772
To buy a median home
$44,368/year
US national median: $75,000
💡 Based on a 2BR rent of $896/month and 20% down on a $208,403 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 Dothan?

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

Should I Rent or Buy?

Break-even analysis using real Dothan data

$
Home Value
$208,403
2BR Rent
$896/mo
Mortgage Rate
7%
Monthly P&I
$1,109/mo
🏠 Buy

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

Total monthly buy cost: $1,535/movs rent: $896/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 $208,403 home at 7% rate

20% — $41,681
3%50%
Estimated Monthly Payment
$1,109
per month · 30 years · 7% APR
Loan Amount
$166,722
Total Paid
$399,315
Total Interest
$232,593
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Dothan

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Frequently Asked Questions

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🏘️Neighborhoods in Dothan

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Dothan

Is it cheaper to rent or buy here?

💵Rent Affordability in Dothan

Salary needed to afford rent here

🗺️All Cities in AL

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⚖️Compare Dothan

Side-by-side rent & cost of living with any city

📋AL Tenant Rights

Deposit limits, eviction laws & renters protections