No rentals found near Hanceville, AL

In Hanceville, 47% of the residents are renting compared to 53% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Hanceville's rentals, 70% are small-scale complexes with under 50 units, and 21% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Hanceville are about 22 years old, on average. Of these, 36% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Hanceville come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 53% of the total apartments in the city, while 2-bedroom floorplans represent around 38% of all rentals in Hanceville. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.