salaryRent is higher than in 54% of U.S. cities. A typical house costs about 3.0 years of household income. Most homes (85.4%) are owned, so rentals can be hard to find. It is a highly educated city: 55.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $69,560 a year. That is $33 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 106 of 120 cities from cheapest to most expensive.
How much do households earn in Pike Road?
Share of households by yearly income. 47.5% of households earn $100,000 or more.
Rent by apartment size in Pike Road
| Size | Pike Road | U.S. average |
|---|---|---|
| 1 bedroom | $1,378 | $1,324 |
| 2 bedrooms | $1,438 | $1,509 |
| 3 bedrooms | $1,808 | $1,698 |
| 4 bedrooms | $2,692 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pike Road 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 Pike Road, so the Alabama figure is shown.
Taxes and bills in Pike Road
Life in Pike Road
Is it cheaper to rent or buy in Pike Road?
Renting is cheaper right now: about $909 a month less.
Owning assumes a typical $381,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,160 for the down payment.
Frequently asked questions
What is the average rent in Pike Road, AL?
Renting in Pike Road costs a median of about $1,739 a month in 2026, including utilities. The Alabama median is $1,175.
How much do I need to make to live in Pike Road?
To keep rent under 30% of income, you need about $69,560 a year, or $33 an hour at a full-time job.
Is Pike Road cheap or expensive?
Pike Road is rated Cheap: rent takes 16.5% of the typical household income of $126,283. It ranks 106th cheapest of 120 Alabama cities we track.
How much are property taxes in Pike Road?
The median homeowner in Pike Road pays $1,784 a year in property taxes, about 0.47% of the median home value.
Is Pike Road 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 Pike Road?
The median home value in Pike Road is $381,600, about 3.0 times the typical yearly household income.
10,574 people live in Pike Road. Numbers are typical (middle) values.