salaryRent is lower than in 57% of U.S. cities. A typical house costs about 3.2 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $60,320 a year. That is $29 an hour at a full-time job.
Is rent cheaper than other Alabama cities?
No. Rent here is more expensive than in most of Alabama. It is number 94 of 120 cities from cheapest to most expensive.
How much do households earn in Phenix City?
Share of households by yearly income. 13.9% of households earn $100,000 or more.
Rent by apartment size in Phenix City
| Size | Phenix City | U.S. average |
|---|---|---|
| Studio | $1,057 | $1,338 |
| 1 bedroom | $824 | $1,324 |
| 2 bedrooms | $982 | $1,509 |
| 3 bedrooms | $1,315 | $1,698 |
| 4 bedrooms | $1,110 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Phenix 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 Phenix City, so the Alabama figure is shown.
Taxes and bills in Phenix City
Life in Phenix City
Is it cheaper to rent or buy in Phenix City?
Buying is cheaper month to month: about $326 a month less than renting.
Owning assumes a typical $170,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,030 for the down payment.
Frequently asked questions
What is the average rent in Phenix City, AL?
Renting in Phenix City costs a median of about $1,508 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Phenix City?
To keep rent under 30% of income, you need about $60,320 a year, or $29 an hour at a full-time job.
Is Phenix City cheap or expensive?
Phenix City is rated Expensive: rent takes 33.5% of the typical household income of $53,982. It ranks 94th cheapest of 120 Alabama cities we track.
How much are property taxes in Phenix City?
The median homeowner in Phenix City pays $873 a year in property taxes, about 0.51% of the median home value.
Is Phenix 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 Phenix City?
The median home value in Phenix City is $170,300, about 3.2 times the typical yearly household income.
38,499 people live in Phenix City. Numbers are typical (middle) values.