Concord, Alabama Rental Market Trends
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 Concord, Alabama rental market.
Concord, Alabama
Average Apartment Rent
$979
Y-o-Y Change in Average
Apartment Rent
-7.1%
As of March 2026
Compared to a year ago, Concord, Alabama apartments have recorded a -7.1% rent decrease.
Concord, Alabama Average apartment rent trend
Concord, Alabama Average Apartment Rent
Concord, Alabama Apartment rent ranges
At 63.43%, apartments priced Under $1,000 represent the bulk of Concord, Alabama rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.47%.
Concord, Alabama Housing tenure**
Renters take up 11% of Concord, Alabama real estate, occupying a total of 70 units, while homeowners live in 563 properties.
Median number of rooms of renter-occupied housing units**
5
Renter median household income**
$50,921
Average household size of renter-occupied housing units**
3.31
Concord, Alabama Renter-occupied housing units by no. of bedrooms**
There are 47 rentals in Concord, Alabama with 2 beds making up the highest share of the market, at 67%. Units with 3 beds, on the other hand, hold the lowest percentage (33%), amounting to 23 units. Overall, the median number of rooms in Concord, Alabama homes for rent is 5.
Concord, Alabama Renter-occupied units by age of householder**
Most condos for rent in Concord, Alabama are occupied by residents in the 45 - 54 years age group (37%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 11%.
Concord, Alabama Renter-occupied housing units by family type**
Concord, Alabama Renter-occupied housing units by the presence of own children**
A total of 51 apartments for rent in Concord, Alabama, or 73% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 31 units. All in all, the median size of a renter-occupied household in Concord, Alabama is 3.31.
Concord, Alabama Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 36% of the homes for rent in Concord, Alabama.
Concord, Alabama Renter-occupied units by year structure built**
The highest share of Concord, Alabama apartment rentals, namely 27% or 19 units, were Built 1950 - 1959, followed by those Built 1980 - 1989 (21%, 15 units), and the ones Built 1960 - 1969 (19%, 13 units).
Concord, Alabama Renter-occupied units by year householder moved in**
Median year renter moved into unit 2010
Most Concord, Alabama renters (40%) moved in 2010 to 2017, while only 11% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Concord, Alabama condos for rent is 2010.
Concord, Alabama Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Concord, Alabama renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 27% have 3 or more vehicles available.
Concord, Alabama Means of transportation to work of householders living in renter-occupied housing units**
Concord, Alabama Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Concord, 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
