Downtown Huntsville renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Downtown Huntsville is about $789 per month. This puts it in the 13th percentile compared to the city average cost of rent, which is $990. Households in Downtown Huntsville have a median income of $3,991 per month so the average renter in Downtown Huntsville is spending roughly 20% of their earnings on housing.
Nationally, and in Downtown Huntsville, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Huntsville is $425,242 right now, which is higher than nearby neighborhoods, meaning that rents in Downtown Huntsville also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of Downtown Huntsville while lower rent rates are often available in northern areas.
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