Phenix, AL Rental Market Trends
Highlights
The average rent for an apartment in Phenix is $851, a 3% increase compared to the previous year, when the average rent was $822.
Average Rent in Phenix, AL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $851 | 3% | 1,078 sq. ft. |
The average size for a Phenix, AL apartment is 1,078 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Phenix, AL Apartment Rent Ranges
- < $5002%
- $501-$70029%
- $701-$1,00039%
- $1,001-$1,50028%
- $1,501-$2,0002%
Phenix, AL Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
4,429 or 37% of the households in Phenix, AL are renter-occupied while 7,480 or 62% are owner-occupied.
Phenix, AL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Phenix, AL | $790 | $790 | $804 | $812 | $812 | $822 | $839 | $822 | $851 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How Phenix Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Birmingham | $1,033 | 7% |
| Mobile | $815 | 2% |
| Huntsville | $863 | 8% |
| Calera | $926 | 5% |
| Columbus | $884 | 4% |
| Tuscaloosa | $1,121 | 5% |
| Phenix City | $851 | 3% |
| Phenix | $851 | 3% |
| Opelika | $861 | 2% |
| Smiths Station | $1,088 | 15% |
For more information about the Phenix rental trends, check out our monthly rent report
Check out Alabama Cities, Alabama Neighborhoods and Alabama Zip Codes for more details on verified listings, including the Alabama Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!