Fairhope, AL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Fairhope is $1,528, a 6.08% increase compared to the previous year, when the average rent was $1,440.
One-bedroom apartments provide 848 square feet for $1,266, balancing privacy and affordability.
Two-beedroom units at $1,547 offer 1,142 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,399 sq ft) for $1,935, suitable for larger households.
Average rent in Fairhope, AL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,528 | 1,097 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,266 | 848 sq. ft. |
| 2 Beds | $1,547 | 1,142 sq. ft. |
| 3 Beds | $1,935 | 1,399 sq. ft. |
Fairhope, AL rent trends
Rental prices in Fairhope, AL have increased by 6.08% over the past year. The average rent moved from $1,440 to $1,528.
What's the typical rent budget in Fairhope, AL?
The largest share of rentals in Fairhope, AL (56%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Fairhope, AL?
1,710 or 18% of the households in Fairhope, AL are renter-occupied while 7,605 or 82% are owner-occupied.
How Fairhope Compares to Other Cities
| City | Average Rent |
|---|---|
| Fairhope | $1,528 |
| Vestavia Hills | $1,574 |
| Hoover | $1,249 |
| Birmingham | $1,354 |
| Madison | $1,366 |
| Huntsville | $1,251 |
| Mobile | $1,154 |
| Montgomery | $1,108 |
| Tuscaloosa | $1,533 |
| Auburn | $1,852 |
| Foley, AL | $1,499 |
| Orange Beach, AL | $1,782 |
| Daphne, AL | $1,374 |
| Spanish Fort, AL | $1,524 |
| Gulf Shores, AL | $1,483 |
| Milton, FL | $1,443 |
| Ocean Springs, MS | $1,379 |
| Pensacola, FL | $1,460 |
| Pascagoula, MS | $942 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Fairhope apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.