Huntsville
Alabama · Ranked #27 of 102 metros
62Moderate
Median Home Price
🏠$310K
Need $89K income
Median Rent
🔑$1K
Need $48K income
Housing Shortage
📉10,000
units needed
Building Permits
🔨8,000
annual
Median Income
💰$67K
Pop: 502,728
Rent Burden
⚠️28.5%
of renters paying >30%
Price Change (YoY)
📈+5%
Homeownership
🏡65.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Huntsville | National |
|---|---|---|
| Price-to-Income Ratio | 4.6x | 6.1x |
| Rent Burden | 28.5% | 31.5% |
| Homeownership Rate | 65.5% | 65.5% |
| YoY Price Change | +5% | +3.5% |
| YoY Rent Change | +3.5% | +2.8% |
| Mortgage Denial Rate | 12.5% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |