{"id":73570,"date":"2019-05-14T04:55:08","date_gmt":"2019-05-14T11:55:08","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=73570"},"modified":"2026-04-22T00:47:58","modified_gmt":"2026-04-22T07:47:58","slug":"alabama-rent-report-april-2019","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/local-rent-reports\/alabama-rent-report-april-2019\/","title":{"rendered":"Alabama Rent Report &#8211; April 2019"},"content":{"rendered":"<ul>\n<li><em>The national average rent reached $1,436\u00a0in April 2019, up by 3% ($42) year over year, and by 0.3% ($5) month over month, according to\u00a0<a href=\"https:\/\/www.yardimatrix.com\/\">Yardi Matrix<\/a>\u00a0data.<\/em><\/li>\n<li><em>Madison, AL\u00a0renters saw the highest annual rent increase in April, reaching $915 per month.\u00a0<\/em><\/li>\n<li><em>Auburn apartments are the most expensive among the state&#8217;s largest cities, while apartments in Decatur have the cheapest rents.\u00a0<\/em><\/li>\n<\/ul>\n<h3>Rents see a 3% annual increase in April, the lowest annual increase in 11 months<o:p><\/o:p><\/h3>\n<p>Nationally, average rent prices rose by 3% year-over-year, according to the latest\u00a0<a href=\"https:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Yardi Matrix<\/a>\u00a0data on apartment market trends. Rents averaged\u00a0<strong>$1,436<\/strong>\u00a0this April \u2014 the second month in a row to witness a 0.3% m-o-m growth. Compared to last April, renters pay $42 more on average per month following relatively flat m-o-m rent increases during the off-season.<\/p>\n<h3>Renting in Alabama&#8217;s cities in April 2019<\/h3>\n<p>The average rent in Alabama&#8217;s largest cities is generally lower than the national average rent. The fastest growing rents in April were in <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/madison-al\/\">Madison<\/a>, where rental apartment\u00a0prices increased by <strong>10.5%<\/strong> over the year, <strong>$3<\/strong> per month. <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/auburn-al\/\">Auburn apartments<\/a> saw the second highest annual increase, jumping by 7.9%, but are $3 less expensive than the same month last year. The slowest rising rents were in <strong>Homewood<\/strong>, where prices grew only by <strong>2.6%<\/strong>.<\/p>\n<p><script id=\"infogram_0__\/n9PNJelhXr8GJgR2P9Aw\" title=\"Alabama - Avg Rent By City\" src=\"https:\/\/e.infogram.com\/js\/dist\/embed.js?vU0\" type=\"text\/javascript\"><\/script><\/p>\n<p>Of the cities analyzed, <strong>Auburn<\/strong> apartments are the state&#8217;s most expensive for renters, with an average rent of <strong>$1,223<\/strong>, followed by <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/tuscaloosa-al\/\">apartments in Tuscaloosa<\/a>, where the average monthly rent is $1,085. On the other hand, the cheapest city to rent an apartment in is <strong>Decatur<\/strong>, with an average apartment rent of <strong>$560<\/strong>\/month.<\/p>\n<h3>Methodology<\/h3>\n<div>\n<p><em><a href=\"https:\/\/www.rentcafe.com\/\" target=\"_blank\" rel=\"noopener\">RentCafe<\/a>\u00a0is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States.<\/em><o:p><\/o:p><\/p>\n<p><em>To prepare the state rent report, we analyzed only cities with a rental stock of at least 2,000 apartments in 50+ unit buildings. To compile the national rent report, RentCafe\u2019s research team analyzed rent data across the 253 largest cities in the U.S., in large-scale apartment buildings with 50 or more units. <\/em><o:p><\/o:p><\/p>\n<p><em>Rent data was provided by\u00a0<a href=\"https:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">Yardi Matrix<\/a>, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Rental rate coverage is for Market Rate properties only. Fully Affordable properties are not included in the Yardi Matrix rental surveys and are not reported in rental rate averages.<\/em><o:p><\/o:p><\/p>\n<\/div>\n<div class=\"usagerights\">\n<div class=\"fairuse\">\n<h3>Fair use and redistribution<\/h3>\n<p>We encourage you and freely grant you permission to reuse, host, or repost the images in this article. When doing so, we only ask that you kindly attribute the authors by linking to <a href=\"https:\/\/www.rentcafe.com\">RentCafe.com<\/a> or this page, so that your readers can learn more about this project, the research behind it and its methodology.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The national average rent reached $1,436\u00a0in April 2019, up by 3% ($42) year over year, and by 0.3% ($5) month over month, according to\u00a0Yardi Matrix\u00a0data. Madison, AL\u00a0renters saw the highest annual rent increase in April, reaching $915 per month.\u00a0 Auburn apartments are the most expensive among the state&#8217;s largest cities, while apartments in Decatur have&hellip;<\/p>\n","protected":false},"author":149,"featured_media":74677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16366],"tags":[],"class_list":["post-73570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-rent-reports","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alabama Rent Report - April 2019 - RentCafe rental blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/local-rent-reports\/alabama-rent-report-april-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alabama Rent Report - April 2019\" \/>\n<meta property=\"og:description\" content=\"The national average rent reached $1,436\u00a0in April 2019, up by 3% ($42) year over year, and by 0.3% ($5) month over month, according to\u00a0Yardi Matrix\u00a0data. 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