States › Alabama › Hamilton

Is Hamilton, AL expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$78955% lower than U.S. average
💵 Families earn per year (2026)$59,178about $4,932/month · 32% lower than U.S. average
🔑 House price$106,30068% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $31,560 a year. That is $15 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 22 of 120 cities from cheapest to most expensive.

Hamilton
$789
Demopolis
$1,143
Oneonta
$671
Satsuma
$1,368
Lanett
$989
Opp
$1,158
Greenville
$597

How much do households earn in Hamilton?

Under $25k
27.1%
$25k–50k
18.2%
$50k–100k
38.5%
$100k–150k
6.9%
$150k+
3.2%

Share of households by yearly income. 10.1% of households earn $100,000 or more.

Rent by apartment size in Hamilton

SizeHamiltonU.S. average
Studio$471$1,338
1 bedroom$608$1,324
2 bedrooms$626$1,509
3 bedrooms$1,015$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Hamilton overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing
62
Goods (food, clothes…)
96
Utilities
85
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hamilton, so the Alabama figure is shown.

Taxes and bills in Hamilton

🏛️ Property tax$338a year · 0.32% of home value · U.S. $3,119
⚡ Electric bill$189a month (typical) · U.S. $156

Life in Hamilton

Commute to work24.3 minU.S.: 26.4 min
College degree15.6%U.S.: 35.7%
Own their home66.7%U.S.: 65.2%
Below poverty line16.7%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Hamilton?

Buying is cheaper month to month: about $51 a month less than renting.

Renting
$789
Owning
$738

Owning assumes a typical $106,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,630 for the down payment.

Frequently asked questions

What is the average rent in Hamilton, AL?

Renting in Hamilton costs a median of about $789 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Hamilton?

To keep rent under 30% of income, you need about $31,560 a year, or $15 an hour at a full-time job.

Is Hamilton cheap or expensive?

Hamilton is rated Cheap: rent takes 16.0% of the typical household income of $59,178. It ranks 22nd cheapest of 120 Alabama cities we track.

How much are property taxes in Hamilton?

The median homeowner in Hamilton pays $338 a year in property taxes, about 0.32% of the median home value.

Is Hamilton 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 Hamilton?

The median home value in Hamilton is $106,300, about 1.8 times the typical yearly household income.

6,922 people live in Hamilton. Numbers are typical (middle) values.