Midfield, 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 Midfield, Alabama rental market.
Midfield, Alabama
Average Apartment Rent
$827
Y-o-Y Change in Average
Apartment Rent
-2.6%
As of November 2024
Compared to a year ago, Midfield, Alabama apartments have recorded a -2.6% rent decrease.
Midfield, Alabama Average apartment rent trend
Midfield, Alabama Average Apartment Rent
Midfield, Alabama Housing tenure**
Renters take up 41% of Midfield, Alabama real estate, occupying a total of 778 units, while homeowners live in 1,120 properties.
Median number of rooms of renter-occupied housing units**
5.3
Renter median household income**
$47,368
Average household size of renter-occupied housing units**
3.09
Rental vacancy rate**
2.5%
Midfield, Alabama Renter-occupied housing units by no. of bedrooms**
There are 432 rentals in Midfield, Alabama with 3 beds making up the highest share of the market, at 56%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 21 units. Overall, the median number of rooms in Midfield, Alabama homes for rent is 5.3.
Midfield, Alabama Renter-occupied units by age of householder**
Most condos for rent in Midfield, Alabama are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 45 - 54 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%.
Midfield, Alabama Renter-occupied housing units by family type**
Midfield, Alabama Renter-occupied housing units by the presence of own children**
A total of 595 apartments for rent in Midfield, Alabama, or 76% of all rentals are family households. Additionally, 54% of rental homes include children under the age of 18 – that’s 424 units. All in all, the median size of a renter-occupied household in Midfield, Alabama is 3.09.
Midfield, Alabama Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 3% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Midfield, Alabama.
Midfield, Alabama Renter-occupied units by year structure built**
The highest share of Midfield, Alabama apartment rentals, namely 38% or 297 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (19%, 147 units), and the ones Built 1970 - 1979 (11%, 84 units).
Midfield, Alabama Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Midfield, Alabama renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Midfield, Alabama condos for rent is 2015.
Midfield, Alabama Renter-occupied housing units by vehicles available**
When it comes to transportation options, 38% of Midfield, Alabama renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 15% have 3 vehicles available.
Midfield, Alabama Means of transportation to work of householders living in renter-occupied housing units**
Midfield, Alabama Geographical mobility in the past year for householders living in renter-occupied housing units**
Midfield, 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 Midfield, 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
