Clanton, Alabama Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Clanton, Alabama rental market.

Clanton, Alabama

Average Apartment Rent

$1,044

Y-o-Y Change in Average
Apartment Rent

1.1%

As of November 2024

Compared to a year ago, Clanton, Alabama apartments have recorded a 1.1% rent increase.

Clanton, Alabama Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Clanton $944 $1,007 $1,009 $1,055 $1,037 $1,065 $1,033 $1,022 $1,047 $1,044
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Clanton
National
Nov 2021
$944
$1,596
Mar 2022
$1,007
$1,635
Jul 2022
$1,009
$1,708
Nov 2022
$1,055
$1,726
Mar 2023
$1,037
$1,714
Jul 2023
$1,065
$1,739
Nov 2023
$1,033
$1,733
Mar 2024
$1,022
$1,727
Jul 2024
$1,047
$1,752
Nov 2024
$1,044
$1,748

Clanton, Alabama Average Apartment Rent

Clanton, Alabama Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 90.63%, apartments priced $1,000 - $1,500 represent the bulk of Clanton, Alabama rentals, while condos priced $700 - $1000 hold the lowest share of the market – 9.38%.

Clanton, Alabama Housing tenure**

Renter occupied housing units 1,439
Owner occupied housing units 2,004

Renters take up 42% of Clanton, Alabama real estate, occupying a total of 1,439 units, while homeowners live in 2,004 properties.

Median number of rooms of renter-occupied housing units**

5.2

Renter median household income**

$60,888

Average household size of renter-occupied housing units**

2.37

Clanton, Alabama Renter-occupied housing units by no. of bedrooms**

No bedrooms 79
1 bed 155
2 beds 318
3 beds 887

There are 887 rentals in Clanton, Alabama with 3 beds making up the highest share of the market, at 62%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 79 units. Overall, the median number of rooms in Clanton, Alabama homes for rent is 5.2.

Clanton, Alabama Renter-occupied units by age of householder**

15 - 24 years 113
25 - 34 years 118
35 - 44 years 436
45 - 54 years 440
55 - 59 years 113
60 - 64 years 76
65 - 74 years 130
75 - 84 years 13

Most condos for rent in Clanton, Alabama are occupied by residents in the 45 - 54 years age group (31%), followed by those in the 35 - 44 years age group (30%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

Clanton, Alabama Renter-occupied housing units by family type**

Family households 830
Non-Family Households 609

Clanton, Alabama Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 449
No related children of the householder under 18 990

A total of 830 apartments for rent in Clanton, Alabama, or 58% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 449 units. All in all, the median size of a renter-occupied household in Clanton, Alabama is 2.37.

Clanton, Alabama Renter-occupied housing units by educational attainment**

Less than high school graduate 183
High school graduate (including equivalency) 396
Some college or associate's degree 749
Bachelor's degree or higher 111

In terms of education, renters holding bachelor degrees or higher make up 8% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Clanton, Alabama.

Clanton, Alabama Renter-occupied units by year structure built**

Built 2010 - 2019 164
Built 2000 - 2009 286
Built 1990 - 1999 26
Built 1980 - 1989 16
Built 1970 - 1979 256
Built 1960 - 1969 228
Built 1950 - 1959 82
Built 1940 - 1949 105
Built 1939 or earlier 276

The highest share of Clanton, Alabama apartment rentals, namely 20% or 286 units, were Built 2000 - 2009, followed by those Built 1939 or earlier (19%, 276 units), and the ones Built 1970 - 1979 (18%, 256 units).

Clanton, Alabama Renter-occupied units by year householder moved in**

Moved in 2021 or later 33
Moved in 2018 to 2020 682
Moved in 2010 to 2017 666
Moved in 2000 to 2009 58

Median year renter moved into unit 2018

Most Clanton, Alabama renters (47%) moved in 2018 to 2020, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Clanton, Alabama condos for rent is 2018.

Clanton, Alabama Renter-occupied housing units by vehicles available**

No vehicle available 89
1 vehicle available 555
2 vehicles available 627
3 vehicles available 117
4 or more vehicles available 51

When it comes to transportation options, 44% of Clanton, Alabama renters have 2 vehicles available per household, 39% of them have 1 vehicle available, and 8% have 3 vehicles available.

Clanton, Alabama Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,112
Car, truck, or van - carpooled 237
Walked 174
Worked at home 53

Clanton, Alabama Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 3,182
Moved within same county 134
Moved from different county within same state 66
Moved from different state 25

Clanton, Alabama Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Clanton, Alabama apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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