Hanceville, AL Rental Market Trends
Last updated: November 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hanceville is $1,169, a 4.77% increase compared to the previous year, when the average rent was $1,116.
One-bedroom apartments provide 512 square feet for $989, balancing privacy and affordability.
Two-beedroom units at $1,376 offer 716 square feet, perfect for roommates or small families.
Average rent in Hanceville, AL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,169 | 616 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $989 | 512 sq. ft. |
| 2 Beds | $1,376 | 716 sq. ft. |
| 3 Beds | n/a | n/a |
Hanceville, AL rent trends
Rental prices in Hanceville, AL have increased by 4.77% over the past year. The average rent moved from $1,116 to $1,169.
What's the typical rent budget in Hanceville, AL?
The largest share of rentals in Hanceville, AL (53%) 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 Hanceville, AL?
638 or 47% of the households in Hanceville, AL are renter-occupied while 725 or 53% are owner-occupied.
How Hanceville Compares to Other Cities
| City | Average Rent |
|---|---|
| Birmingham | $1,353 |
| Huntsville | $1,235 |
| Mobile | $1,152 |
| Montgomery | $1,103 |
| Hoover | $1,260 |
| Tuscaloosa | $1,530 |
| Madison | $1,360 |
| Vestavia Hills | $1,541 |
| Auburn | $1,942 |
| Bessemer | $1,014 |
| Gardendale, AL | $1,364 |
| Jasper, AL | $1,179 |
| Moody, AL | $1,200 |
| Trussville, AL | $1,370 |
| Center Point, AL | $878 |
| Irondale, AL | $1,710 |
| Fultondale, AL | $1,159 |
| Hanceville | $1,169 |
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 Hanceville 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.