States › Alabama › Leeds

Is Leeds, AL expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,03341% lower than U.S. average
💵 Families earn per year (2026)$75,211about $6,268/month · 14% lower than U.S. average
🔑 House price$224,60032% lower than U.S. average

Rent is lower than in 86% of 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 $41,320 a year. That is $20 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 47 of 120 cities from cheapest to most expensive.

Leeds
$1,033
Sylacauga
$868
Eufaula
$734
Meridianville
$1,418
McCalla
$1,870
Boaz
$698
Russellville
$721

How much do households earn in Leeds?

Under $25k
14.6%
$25k–50k
22.5%
$50k–100k
36.4%
$100k–150k
15.3%
$150k+
6.9%

Share of households by yearly income. 22.1% of households earn $100,000 or more.

Rent by apartment size in Leeds

SizeLeedsU.S. average
1 bedroom$865$1,324
2 bedrooms$992$1,509
3 bedrooms$1,223$1,698
4 bedrooms$1,354$2,098

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

How expensive is Leeds 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 Leeds, so the Alabama figure is shown.

Taxes and bills in Leeds

🏛️ Property tax$1,000a year · 0.45% of home value · U.S. $3,119
⚡ Electric bill$198a month (typical) · U.S. $156

Life in Leeds

Commute to work27 minU.S.: 26.4 min
College degree27.7%U.S.: 35.7%
Own their home72%U.S.: 65.2%
Below poverty line12.8%U.S.: 12.5%
Unemployment2.6%U.S.: 5.2%

Is it cheaper to rent or buy in Leeds?

Renting is cheaper right now: about $525 a month less.

Renting
$1,033
Owning
$1,558

Owning assumes a typical $224,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,460 for the down payment.

Frequently asked questions

What is the average rent in Leeds, AL?

Renting in Leeds costs a median of about $1,033 a month in 2026, including utilities. The Alabama median is $1,175.

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

To keep rent under 30% of income, you need about $41,320 a year, or $20 an hour at a full-time job.

Is Leeds cheap or expensive?

Leeds is rated Cheap: rent takes 16.5% of the typical household income of $75,211. It ranks 47th cheapest of 120 Alabama cities we track.

How much are property taxes in Leeds?

The median homeowner in Leeds pays $1,000 a year in property taxes, about 0.45% of the median home value.

Is Leeds 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 Leeds?

The median home value in Leeds is $224,600, about 3.0 times the typical yearly household income.

12,028 people live in Leeds. Numbers are typical (middle) values.