Fostoria / Palmyra, AL

Neighborhood

Rent in Fostoria / Palmyra

Median Gross Rent

$541

Rent-to-Income Ratio

37.6%

Renter Share

37.1%

Avg Household Size

3.2

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $536
3 Bedrooms: $849

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 66.5%
$1,000-$1,500: 12.0%
$1,500-$2,000: 2.1%
$2,000-$2,500: 0.0%
$2,500+: 0.4%
No Cash Rent: 19.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 1.6%
20-30% (moderate): 30.6%
30-50% (cost-burdened): 9.9%
50%+ (severely cost-burdened): 35.5%
Not Computed: 22.3%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $40,529

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 80.6%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.4%
$2,500+: 0.0%
No Cash Rent: 19.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Fostoria / Palmyra

Neighborhood

Lowndes, AL

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Carlowville / Central Mills