salaryRent is lower than in 81% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 19.5 minutes.
How much money do I need?
To rent here comfortably, you should earn about $44,800 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other Alabama cities?
Yes. Rent here is cheaper than in most of Alabama. It is number 54 of 120 cities from cheapest to most expensive.
How much do households earn in Alexander City?
Share of households by yearly income. 11.1% of households earn $100,000 or more.
Rent by apartment size in Alexander City
| Size | Alexander City | U.S. average |
|---|---|---|
| 1 bedroom | $456 | $1,324 |
| 2 bedrooms | $801 | $1,509 |
| 3 bedrooms | $874 | $1,698 |
| 4 bedrooms | $1,363 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Alexander City overall?
Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Alexander City, so the Alabama figure is shown.
Taxes and bills in Alexander City
Life in Alexander City
Is it cheaper to rent or buy in Alexander City?
About the same. Renting and owning cost within $45 of each other each month.
Owning assumes a typical $155,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,500 for the down payment.
Frequently asked questions
What is the average rent in Alexander City, AL?
Renting in Alexander City costs a median of about $1,120 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Alexander City?
To keep rent under 30% of income, you need about $44,800 a year, or $22 an hour at a full-time job.
Is Alexander City cheap or expensive?
Alexander City is rated OK: rent takes 26.5% of the typical household income of $50,713. It ranks 54th cheapest of 120 Alabama cities we track.
How much are property taxes in Alexander City?
The median homeowner in Alexander City pays $532 a year in property taxes, about 0.34% of the median home value.
Is Alexander City more expensive than the national average?
Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Alexander City?
The median home value in Alexander City is $155,000, about 3.1 times the typical yearly household income.
14,606 people live in Alexander City. Numbers are typical (middle) values.