Saks, 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 Saks, Alabama rental market.

Saks, Alabama

Average Apartment Rent

$898

Y-o-Y Change in Average
Apartment Rent

1.5%

As of September 2026

Compared to a year ago, Saks, Alabama apartments have recorded a 1.5% rent increase.

Saks, Alabama Average apartment rent trend

Median Rent Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Saks $839 $860 $871 $885 $886 $892 $890
National $1,735 $1,755 $1,748 $1,755 $1,769 $1,754 $1,750
Saks
National
Jul 2024
$839
$1,735
Nov 2024
$860
$1,755
Mar 2025
$871
$1,748
Jul 2025
$885
$1,755
Nov 2025
$886
$1,769
Mar 2026
$892
$1,754
Jul 2026
$890
$1,750

Saks, Alabama Average Apartment Rent

Saks, Alabama Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 66.15%, apartments priced Under $1,000 represent the bulk of Saks, Alabama rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 33.85%.

Saks, Alabama Housing tenure**

Renter occupied housing units 922
Owner occupied housing units 3,056

Renters take up 23% of Saks, Alabama real estate, occupying a total of 922 units, while homeowners live in 3,056 properties.

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

6.1

Renter median household income**

$45,536

Average household size of renter-occupied housing units**

3.09

Rental vacancy rate**

1.8%

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

No bedrooms 25
1 bed 22
2 beds 269
3 beds 513
4 beds 77
5 or more beds 16

There are 513 rentals in Saks, 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 (2%), amounting to 16 units. Overall, the median number of rooms in Saks, Alabama homes for rent is 6.1.

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

15 - 24 years 14
25 - 34 years 185
35 - 44 years 376
45 - 54 years 166
55 - 59 years 61
60 - 64 years 75
65 - 74 years 36
75 - 84 years 9

Most condos for rent in Saks, Alabama are occupied by residents in the 35 - 44 years age group (41%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

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

Family households 741
Non-Family Households 181

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

With related children of the householder under 18 525
No related children of the householder under 18 397

A total of 741 apartments for rent in Saks, Alabama, or 80% of all rentals are family households. Additionally, 57% of rental homes include children under the age of 18 – that’s 525 units. All in all, the median size of a renter-occupied household in Saks, Alabama is 3.09.

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

Less than high school graduate 156
High school graduate (including equivalency) 386
Some college or associate's degree 370
Bachelor's degree or higher 10

In terms of education, renters holding bachelor degrees or higher make up 1% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Saks, Alabama.

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

Built 2010 - 2019 27
Built 2000 - 2009 75
Built 1990 - 1999 75
Built 1980 - 1989 129
Built 1970 - 1979 243
Built 1960 - 1969 190
Built 1950 - 1959 41
Built 1940 - 1949 124
Built 1939 or earlier 18

The highest share of Saks, Alabama apartment rentals, namely 26% or 243 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (21%, 190 units), and the ones Built 1980 - 1989 (14%, 129 units).

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

Moved in 2021 or later 98
Moved in 2018 to 2020 447
Moved in 2010 to 2017 299
Moved in 2000 to 2009 63
Moved in 1990 to 1999 15

Median year renter moved into unit 2019

Most Saks, Alabama renters (48%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Saks, Alabama condos for rent is 2019.

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

No vehicle available 156
1 vehicle available 195
2 vehicles available 467
3 vehicles available 42
5 or more vehicles available 62

When it comes to transportation options, 51% of Saks, Alabama renters have 2 vehicles available per household, 21% of them have 1 vehicle available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 925
Car, truck, or van - carpooled 19
Public transportation (excluding taxicab) 61

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

Same house as 1 year ago 2,394
Moved within same county 336
Moved from different state 57

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 Saks, 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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