Average Rent in Pike County, AL↓ Rents falling 10.0% YoY

Pike County, AL has rental prices ranging from $743/month to $1,322/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $756/month — 46% below the national average of $1,400/month. With a median household income of $47,961/year, spending $756/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Pike County Compares

With an average 2-bedroom rent of $992/month, Pike County ranks #12 most expensive of the 58 cities tracked in Alabama — pricier than 63% of all US cities in our data.

The Pike County Rental Market

The Pike County, AL area has a population of about 32,953 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Pike County, AL have fallen by $110/month (10.0%) over the past year, from $1,102 to $992. 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 Pike County, AL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,240. The local median household income of $47,961 exceeds that threshold by $17,721, making Pike County relatively accessible compared to local wages.

Economy & Jobs

Pike County, AL has an unemployment rate of 4.3%, 0.4 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Pike County, AL Affordable?

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

Rent or Buy in Pike County?

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

Living in Pike County

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