Huntsville rents and rental comps

Name: Huntsville, AL rental market data
Creator: PropMetrics

The median asking rent across 13 Huntsville zip codes is $1,503/month, down 7.2% from a year ago.

NASA, defense contractors, and the Army. Huntsville's renter base has security clearances and steady paychecks. One of the fastest-growing cities in the South, with rental demand that doesn't disappear in a downturn.

Median Asking Rent

$1,503

Rent Change (YoY)

-7.2%

Avg Days on Market

Active Rental Listings

1,462

Median List Price

$370,000

Median Asking Rent Over Time

Average across 13 zip codes

12 months-1.8%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
35756	$1,995/mo	-0.2%	$1.07	59	146
35763	$1,910/mo	-4.5%	$1.01	36	70
35824	$1,900/mo	-3.8%	$1.05	45	41
35757	$1,850/mo	-7.5%	$1.06	52	86
35758	$1,746/mo	-0.2%	$1.08	53	199
35806	$1,699/mo	-8.2%	$1.17	70	115
35811	$1,600/mo	-1.5%	$1.06	66	94
35803	$1,599/mo	-11.2%	$1.07	57	90
35801	$1,350/mo	-10.0%	$1.32	71	123
35810	$1,350/mo	-6.9%	$1.06	45	136
35802	$1,150/mo	-11.2%	$1.10	57	90
35805	$900/mo	-14.3%	$1.18	75	175
35816	$899/mo	-14.4%	$1.03	64	97

Comps for any address in Huntsville

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$983/mo	$1.79/sqft
1 Bedroom	$895/mo	$1.28/sqft
2 Bedroom	$1,025/mo	$1.14/sqft
3 Bedroom	$1,795/mo	$1.09/sqft
4 Bedroom	$2,100/mo	$0.99/sqft

Aggregated median across all Huntsville zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
35801	$439,000	-5.6%	$216.15
35758	$430,000	+2.9%	$181.25
35806	$422,400	+6.9%	$176.75
35763	$415,000	-4.6%	$176.70
35757	$398,000	0.0%	$174.68
35756	$385,000	-14.4%	$177.08
35803	$370,000	+12.1%	$172.58
35802	$350,000	+7.7%	$171.54
35824	$350,000	0.0%	$170.20
35811	$344,998	-1.4%	$167.67
35810	$235,000	+0.0%	$146.74
35805	$219,900	+18.9%	$153.26
35816	$179,899	+5.9%	$131.58

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$1,120/mo	$983/mo	-12%
1 Bedroom	$1,240/mo	$895/mo	-28%
2 Bedroom	$1,430/mo	$1,025/mo	-28%
3 Bedroom	$1,850/mo	$1,795/mo	-3%
4 Bedroom	$2,300/mo	$2,100/mo	-9%

HUD publishes Fair Market Rents once a year for the Huntsville metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

About the Huntsville rental market

The median asking rent across Huntsville, AL sits at $1,503/month, pulled from active rental listings in 13 zip codes. That's down 7.2% from a year ago.

Rents aren't uniform across the city. ZIP 35756 tops the list at $1,995/month. ZIP 35816 comes in lowest at $899/month. That's a 122% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $1,025/month at the median. 1-bedrooms run about $895. 3-bedrooms come in around $1,795.

Listings take longer here. The average is 58 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Rent-to-price math is tight in Huntsville. The gross figure sits at about 4.9% ($1,503/month against $370,000 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Huntsville metro is $1,430/month. Asking rents track close to the federal benchmark, within 5%.

Huntsville is having a moment. NASA's Marshall Space Flight Center, Redstone Arsenal, and a growing defense contractor cluster (Northrop Grumman, Lockheed Martin, Boeing) have created a high-paying job concentration you wouldn't expect in a city this size. The renter base skews well-educated and well-paid. Downtown, Twickenham, and areas near Research Park are premium. South Huntsville and Madison are popular with military families. Alabama is landlord-friendly. The growth trajectory is strong. The FBI is relocating a major facility here. Mazda-Toyota has a manufacturing plant nearby. Entry points are still reasonable, which keeps the math working. Market that most investors haven't discovered yet.

These numbers are city-wide averages. If you're pricing a specific property in Huntsville, pull comps from the same zip code. The spread is usually bigger than people expect.