Cost of Living in Clay County, Alabama

$624/mo
Median Monthly Rent
$144,700
Median Home Value
22% below state averageUnaffordable

At a Glance

Median Monthly Rent
$624/mo
22% below state average
Median Home Value
$144,700
49% below national
Rent-to-Income Ratio
22.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Clay County Compares

Median monthly rent comparison

Clay County$624/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$624/mo
Median Gross Rent
$144,700
Median Home Value
$473/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Clay County, Alabama

Clay County leads on affordability index

Clay County's 14.4% rent-to-income ratio is the lowest in this eight-county cohort and well below the national norm, driven by a median household income of $51,852 paired with just $624 monthly rent. Residents here enjoy the strongest housing affordability relative to earnings of any peer county.

Top performer on Alabama affordability scale

Clay County's 14.4% rent-to-income ratio dramatically underperforms Alabama's state average of 18.0%, placing it among the state's most affordable markets. The $624 median rent is the lowest in this sample, well below the state average of $799.

Unmatched rental savings in county group

Clay's $624 rent is $126 cheaper than Cherokee ($750) and $229 below Chilton ($855), offering the region's deepest rental discounts. The 14.4% rent-to-income ratio stands alone as the best bargain among its peers.

Minimal housing cost burden statewide

Monthly rent of $624 takes just 14.4% of Clay's $51,852 median household income, while homeownership averages $473 per month on $144,700-valued homes. Total housing costs consume roughly 21% of income—the lowest percentage in the entire sample.

Clay County: Alabama's affordability champion

For relocators prioritizing minimal housing expense without sacrificing income potential, Clay County delivers an unmatched combination of low rents, reasonable ownership costs, and strong affordability ratios. At 14.4%, its rent-to-income ratio beats every peer county decisively.

Affordability Calculator

See how your income compares to housing costs in Clay County

$

Rent Burden

14.4%

of gross income

Max Housing (28% Rule)

$1,210

per month

Owner Cost Burden

10.9%

of gross income

You can likely afford the median home in Clay County

Median home value is $144,700. Estimated monthly cost: $1,155 vs. your max of $1,210.

Rent Affordability Guide

Your rent-to-income ratio14.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Clay County, Alabama?
Clay County, Alabama has a median monthly rent of $624/mo and a median home value of $144,700. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Clay County?
The median gross rent in Clay County is $624/mo. This is 22% below state average for Alabama.
Is Clay County affordable?
Clay County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Clay County's rent compare to the state average?
Clay County's median rent of $624/mo is 22% below state average of $799/mo for Alabama.
What is the median home value in Clay County?
The median home value in Clay County, Alabama is $144,700. This is 49% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.