Alabama
Ranked #8 of 51 for housing affordability
72Affordable
Median Home Price
🏠$220K
3.9x income
Median Rent
🔑$950
28.5% rent-burdened
Median Income
💰$56K
Population: 5,108,468
Homeownership
🏡69.3%
3,434 experiencing homelessness
Housing Shortage
📉45,000
units needed
Building Permits (2024)
🔨22,500
Price-to-Income
📊3.9x
Severe Rent Burden
⚠️13.2%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Alabama
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Birmingham | 65 | $240K | $1K | $56K | 30.5% |
| Huntsville | 62 | $310K | $1K | $67K | 28.5% |
Housing Policies
low-income housing tax credits