Spanish Fort, 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 Spanish Fort, Alabama rental market.

Spanish Fort, Alabama

Average Apartment Rent

$1,593

Y-o-Y Change in Average
Apartment Rent

3.2%

As of May 2026

Compared to a year ago, Spanish Fort, Alabama apartments have recorded a 3.2% rent increase.

Spanish Fort, Alabama Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Spanish Fort $1,577 $1,541 $1,561 $1,577 $1,551 $1,525 $1,537 $1,573 $1,577
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Spanish Fort
National
Jul 2023
$1,577
$1,741
Nov 2023
$1,541
$1,732
Mar 2024
$1,561
$1,736
Jul 2024
$1,577
$1,756
Nov 2024
$1,551
$1,749
Mar 2025
$1,525
$1,755
Jul 2025
$1,537
$1,767
Nov 2025
$1,573
$1,753
Mar 2026
$1,577
$1,750

Spanish Fort, Alabama Average Apartment Rent

Spanish Fort, 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 55.76%, apartments priced $1,500 - $2,000 represent the bulk of Spanish Fort, Alabama rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 5.32%.

Spanish Fort, Alabama Housing tenure**

Renter occupied housing units 1,234
Owner occupied housing units 2,475

Renters take up 33% of Spanish Fort, Alabama real estate, occupying a total of 1,234 units, while homeowners live in 2,475 properties.

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

4.7

Renter median household income**

$47,560

Average household size of renter-occupied housing units**

1.53

Rental vacancy rate**

18.5%

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

No bedrooms 24
1 bed 400
2 beds 523
3 beds 124
4 beds 163

There are 523 rentals in Spanish Fort, Alabama with 2 beds making up the highest share of the market, at 42%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 24 units. Overall, the median number of rooms in Spanish Fort, Alabama homes for rent is 4.7.

Spanish Fort, Alabama Renter-occupied units by age of householder**

15 - 24 years 51
25 - 34 years 186
35 - 44 years 115
45 - 54 years 153
55 - 59 years 112
65 - 74 years 222
75 - 84 years 224
85 years and over 171

Most condos for rent in Spanish Fort, Alabama are occupied by residents in the 75 - 84 years age group (18%), followed by those in the 65 - 74 years age group (18%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.

Spanish Fort, Alabama Renter-occupied housing units by family type**

Family households 328
Non-Family Households 906

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

With related children of the householder under 18 312
No related children of the householder under 18 922

A total of 328 apartments for rent in Spanish Fort, Alabama, or 27% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 312 units. All in all, the median size of a renter-occupied household in Spanish Fort, Alabama is 1.53.

Spanish Fort, Alabama Renter-occupied housing units by educational attainment**

Less than high school graduate 116
High school graduate (including equivalency) 206
Some college or associate's degree 455
Bachelor's degree or higher 457

In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Spanish Fort, Alabama.

Spanish Fort, Alabama Renter-occupied units by year structure built**

Built 2010 - 2019 396
Built 2000 - 2009 283
Built 1990 - 1999 143
Built 1980 - 1989 122
Built 1970 - 1979 148
Built 1960 - 1969 28
Built 1950 - 1959 40
Built 1940 - 1949 74

The highest share of Spanish Fort, Alabama apartment rentals, namely 32% or 396 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (23%, 283 units), and the ones Built 1970 - 1979 (12%, 148 units).

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

Moved in 2021 or later 57
Moved in 2018 to 2020 523
Moved in 2010 to 2017 418
Moved in 2000 to 2009 236

Median year renter moved into unit 2017

Most Spanish Fort, Alabama renters (42%) moved in 2018 to 2020, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Spanish Fort, Alabama condos for rent is 2017.

Spanish Fort, Alabama Renter-occupied housing units by vehicles available**

No vehicle available 273
1 vehicle available 520
2 vehicles available 418
4 vehicles available 13
5 or more vehicles available 10

When it comes to transportation options, 42% of Spanish Fort, Alabama renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 22% have No vehicle available.

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

Car, truck, or van - drove alone 791
Car, truck, or van - carpooled 30
Taxicab, motorcycle, bicycle, or other means 32
Worked at home 16

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

Same house as 1 year ago 1,335
Moved within same county 227
Moved from different county within same state 123
Moved from different state 40
Moved from abroad 158

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 Spanish Fort, 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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