Cost of Living in Elmore County, Alabama
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Elmore County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Elmore County, Alabama
Elmore stretches incomes further than average
Despite a median household income nearly matching the national average ($75,553 vs. $74,755 nationally), Elmore's rent-to-income ratio of 16.1% remains impressively low for renters. At $1,014/month, rents are notably higher than surrounding counties, yet median household income supports affordability across rental and ownership markets.
Second-best affordability among Alabama counties
Elmore's rent-to-income ratio of 16.1% beats Alabama's state average of 18.0%, reflecting both higher local incomes and manageable housing costs. This combination—stronger earnings plus controlled rent burden—makes Elmore one of Alabama's standout counties for housing security.
Higher rents, but income supports it
Elmore's $1,014 monthly rent significantly exceeds neighboring DeKalb ($683) and Etowah ($807), reflecting Elmore's stronger median household income of $75,553. Even with higher housing costs, Elmore residents maintain a better rent-to-income ratio than Etowah (18.3%), proving that higher earnings absorb regional price differences.
Balanced housing costs across tenants and owners
Renters dedicate $1,014/month (16.1% of income) while homeowners pay $982/month on properties valued at $213,600. Housing costs consume roughly one-third of household income, the lowest burden among its Northeast Alabama peers.
Strong incomes make Elmore's higher rents viable
Elmore suits relocating professionals earning $70,000+ who value modern housing and manageable affordability ratios over bargain-basement rents. Compare Elmore's median home value ($213,600) and rent ($1,014) with neighboring counties to determine if the trade-up in housing quality matches your relocation goals.
Affordability Calculator
See how your income compares to housing costs in Elmore County
Rent Burden
16.1%
of gross income
Max Housing (28% Rule)
$1,763
per month
Owner Cost Burden
15.6%
of gross income
You can likely afford the median home in Elmore County
Median home value is $213,600. Estimated monthly cost: $1,705 vs. your max of $1,763.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.