Moody, 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 Moody, Alabama rental market.

Moody, Alabama

Average Apartment Rent

$1,124

Y-o-Y Change in Average
Apartment Rent

-4.3%

As of November 2024

Compared to a year ago, Moody, Alabama apartments have recorded a -4.3% rent decrease.

Moody, 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
Moody $1,019 $1,093 $1,115 $1,124 $1,182 $1,111 $1,175 $1,179 $1,158 $1,124
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Moody
National
Nov 2021
$1,019
$1,596
Mar 2022
$1,093
$1,635
Jul 2022
$1,115
$1,708
Nov 2022
$1,124
$1,726
Mar 2023
$1,182
$1,714
Jul 2023
$1,111
$1,739
Nov 2023
$1,175
$1,733
Mar 2024
$1,179
$1,727
Jul 2024
$1,158
$1,752
Nov 2024
$1,124
$1,748

Moody, Alabama Average Apartment Rent

Moody, Alabama Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,001 - $1,500
$1,501 - $2,000
Over $2,000

At 53.75%, apartments priced $1,000 - $1,500 represent the bulk of Moody, Alabama rentals, while condos priced $700 - $1000 hold the lowest share of the market – 46.25%.

Moody, Alabama Housing tenure**

Renter occupied housing units 1,199
Owner occupied housing units 3,859

Renters take up 24% of Moody, Alabama real estate, occupying a total of 1,199 units, while homeowners live in 3,859 properties.

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

5.9

Renter median household income**

$68,117

Average household size of renter-occupied housing units**

2.55

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

No bedrooms 26
1 bed 98
2 beds 331
3 beds 568
4 beds 109
5 or more beds 67

There are 568 rentals in Moody, Alabama with 3 beds making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 26 units. Overall, the median number of rooms in Moody, Alabama homes for rent is 5.9.

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

15 - 24 years 118
25 - 34 years 252
35 - 44 years 232
45 - 54 years 240
60 - 64 years 140
65 - 74 years 88
75 - 84 years 124

Most condos for rent in Moody, Alabama are occupied by residents in the 25 - 34 years age group (21%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 7%.

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

Family households 517
Non-Family Households 682

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

With related children of the householder under 18 339
No related children of the householder under 18 860

A total of 517 apartments for rent in Moody, Alabama, or 43% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 339 units. All in all, the median size of a renter-occupied household in Moody, Alabama is 2.55.

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

Less than high school graduate 85
High school graduate (including equivalency) 467
Some college or associate's degree 331
Bachelor's degree or higher 316

In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Moody, Alabama.

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

Built 2020 or later 14
Built 2010 - 2019 98
Built 2000 - 2009 623
Built 1990 - 1999 146
Built 1980 - 1989 185
Built 1970 - 1979 115
Built 1939 or earlier 13

The highest share of Moody, Alabama apartment rentals, namely 52% or 623 units, were Built 2000 - 2009, followed by those Built 1980 - 1989 (15%, 185 units), and the ones Built 1990 - 1999 (12%, 146 units).

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

Moved in 2021 or later 44
Moved in 2018 to 2020 616
Moved in 2010 to 2017 457
Moved in 2000 to 2009 54
Moved in 1990 to 1999 28

Median year renter moved into unit 2018

Most Moody, Alabama renters (51%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Moody, Alabama condos for rent is 2018.

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

No vehicle available 176
1 vehicle available 423
2 vehicles available 336
3 vehicles available 139
4 vehicles available 97
5 or more vehicles available 28

When it comes to transportation options, 35% of Moody, Alabama renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 15% have No vehicle available.

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

Car, truck, or van - drove alone 954
Car, truck, or van - carpooled 73
Walked 55
Worked at home 242

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

Same house as 1 year ago 2,540
Moved within same county 218
Moved from different county within same state 207
Moved from different state 58

Moody, 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 Moody, 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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