Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Homewood city, Alabama?
City · Census ACS 5-Year estimates
The median gross rent in Homewood city, Alabama is $1,463/month (±$94), based on Census ACS 5-Year estimates (2024). The median home value is $558,500 (±$28,609), and the median household income is $94,485/year. The unemployment rate in Jefferson County, Alabama was 2.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Homewood city, Alabama
| Metric | Value |
|---|---|
| Median Gross Rent | $1,463 |
| Median Home Value | $558,500 |
| Median Household Income | $94,485 |
| Total Housing Units | 9,830 |
| Renter-Occupied Units | 3,761 |
| Renter-Occupied Share | 38% |
| Households Paying 50%+ Income | 908 households |
| Unemployment Rate(April 2026) | 2.7% |
How does Homewood city, Alabama compare?
Median gross rent ranked against all cities in Alabama.
Higher rent than 95% of cities in Alabama · 23th of 432
| # | City | Value |
|---|---|---|
| 1 | Shoal Creek CDP | $2,766 |
| 2 | Indian Springs Village city | $2,264 |
| 3 | Clay city | $2,240 |
| … 19 more … | ||
| 23 | Homewood city(you are here) | $1,463 |
| … 406 more … | ||
| 430 | Cottonwood town | $339 |
| 431 | Cardiff town | $326 |
| 432 | Oakman town | $283 |
More data for Homewood city, Alabama
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Frequently asked questions
What is the average rent in Homewood city, Alabama?
The median gross rent in Homewood city, Alabama is $1,463/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Homewood city, Alabama?
The median rent for a 2-bedroom in Homewood city, Alabama is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Homewood city, Alabama?
The median home value in Homewood city, Alabama is $558,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Homewood city are rent-burdened?
In Homewood city, Alabama, 908 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Homewood city, Alabama?
The median household income in Homewood city, Alabama is $94,485/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,463 has a margin of error of ±$94. In very small areas, MOEs can be large relative to the estimate.
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