RentData

Average Rent in Cherokee County, AL↓ Rents falling 9.2% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 25,224

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Cherokee County, AL has rental prices ranging from $598/month to $1,211/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $663/month — 53% below the national average of $1,400/month. With a median household income of $50,769/year, spending $663/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Cherokee County Compares

With an average 2-bedroom rent of $805/month, Cherokee County ranks #29 most expensive of the 58 cities tracked in Alabama — more affordable than 97% of all US cities in our data.

The Cherokee County Rental Market

The Cherokee County, AL area has a population of about 25,224 and 21% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Cherokee County, AL have fallen by $82/month (9.2%) over the past year, from $887 to $805. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.

Affordability

To afford a 1-bedroom apartment in Cherokee County, AL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $26,520. The local median household income of $50,769 exceeds that threshold by $24,249, making Cherokee County relatively accessible compared to local wages.

Economy & Jobs

Cherokee County, AL has an unemployment rate of 3.8%, 0.1 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2025
Studio
$598
Affordable
1 Bedroom
$663
Affordable
2 Bedrooms
$805
↓9.2% YoY
Affordable
3 Bedrooms
$970
Affordable
4 Bedrooms
$1,211
Affordable
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Is Cherokee County, AL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$32,200/year
Local median income: $50,769
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $805/month and 20% down on a — home at 7% rate.

Nearby Cities in ALlargest metros in the state

CityStudio1BR2BR3BRHome Value
Birmingham$998$1,144$1,267$1,583—
Huntsville$928$1,071$1,248$1,609—
Washington County$810$908$1,092$1,435—
Mobile$812$908$1,094$1,441—
Montgomery$848$888$1,055$1,345—
Columbus$883$937$1,108$1,463—

Rent or Buy in Cherokee County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Cherokee County data

$
Home Value
$350,000
2BR Rent
$805/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $805/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Cherokee County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Cherokee County

Compare rent & home prices by neighborhood

💵Rent Affordability in Cherokee County

Salary needed to afford rent here

🗺️All Cities in AL

See how Cherokee County ranks statewide

⚖️Compare Cherokee County

Side-by-side rent & cost of living with any city

📋AL Tenant Rights

Deposit limits, eviction laws & renters protections