States › Alabama › Lincoln

Is Lincoln, AL expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$96745% lower than U.S. average
💵 Families earn per year (2026)$61,631about $5,136/month · 29% lower than U.S. average
🔑 House price$187,20044% lower than U.S. average

Rent is lower than in 90% of U.S. cities. A typical house costs about 3.0 years of household income. Most homes (93.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $38,680 a year. That is $19 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 38 of 120 cities from cheapest to most expensive.

Lincoln
$967
Robertsdale
$1,048
Wetumpka
$1,241
Greenville
$597
Montevallo
$1,112
Oneonta
$671
Hamilton
$789

How much do households earn in Lincoln?

Under $25k
20.0%
$25k–50k
25.0%
$50k–100k
29.8%
$100k–150k
11.5%
$150k+
5.8%

Share of households by yearly income. 17.3% of households earn $100,000 or more.

Rent by apartment size in Lincoln

SizeLincolnU.S. average
2 bedrooms$999$1,509
3 bedrooms$942$1,698

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

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

Taxes and bills in Lincoln

🏛️ Property tax$592a year · 0.32% of home value · U.S. $3,119
⚡ Electric bill$233a month (typical) · U.S. $156

Life in Lincoln

Commute to work26.8 minU.S.: 26.4 min
College degree19%U.S.: 35.7%
Own their home93.3%U.S.: 65.2%
Below poverty line15.6%U.S.: 12.5%
Unemployment3.5%U.S.: 5.2%

Is it cheaper to rent or buy in Lincoln?

Renting is cheaper right now: about $332 a month less.

Renting
$967
Owning
$1,299

Owning assumes a typical $187,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,720 for the down payment.

Frequently asked questions

What is the average rent in Lincoln, AL?

Renting in Lincoln costs a median of about $967 a month in 2026, including utilities. The Alabama median is $1,175.

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

To keep rent under 30% of income, you need about $38,680 a year, or $19 an hour at a full-time job.

Is Lincoln cheap or expensive?

Lincoln is rated Cheap: rent takes 18.8% of the typical household income of $61,631. It ranks 38th cheapest of 120 Alabama cities we track.

How much are property taxes in Lincoln?

The median homeowner in Lincoln pays $592 a year in property taxes, about 0.32% of the median home value.

Is Lincoln 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 Lincoln?

The median home value in Lincoln is $187,200, about 3.0 times the typical yearly household income.

7,305 people live in Lincoln. Numbers are typical (middle) values.