Cost of Living in Morgan County, Alabama

$835/mo
Median Monthly Rent
$193,000
Median Home Value
5% above state averageUnaffordable

At a Glance

Median Monthly Rent
$835/mo
5% above state average
Median Home Value
$193,000
32% below national
Rent-to-Income Ratio
27.0%
% 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 Morgan County Compares

Median monthly rent comparison

Morgan County$835/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$835/mo
Median Gross Rent
$193,000
Median Home Value
$822/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Morgan County, Alabama

Morgan County achieves rare affordability balance

Morgan County's 15.4% rent-to-income ratio is the lowest in this survey and well below both national and state averages of roughly 18%, offering genuine housing affordability. With median household income of $64,858—closer to the national median than most Alabama peers—Morgan residents enjoy breathing room in their budgets.

Morgan leads Alabama in housing affordability

Morgan's 15.4% rent-to-income ratio ranks best statewide, roughly 3.4 percentage points better than Alabama's 18% average, and monthly rent of $835 matches the state average closely. This combination makes Morgan an outlier in affordable Alabama housing.

Balanced costs across region

Morgan's $835 median rent falls between affordable rural counties and pricier urban centers, reflecting its hybrid identity as a suburban-industrial zone anchored by Decatur. Compared to rural Perry ($610) and urban Mobile ($1,021), Morgan strikes a practical middle ground.

Housing remains manageable in Morgan County

Morgan renters allocate just 15.4% of their $64,858 annual income—approximately $9,975 yearly—to rent, leaving substantial room for other expenses. Homeowners benefit similarly, paying $822 monthly on homes valued at $193,000, supporting genuine wealth-building opportunities.

Morgan offers rare affordability-opportunity blend

Morgan County combines reasonable housing costs with proximity to Huntsville's growing tech economy and aerospace industry, making it ideal for families seeking affordability without job-market sacrifice. Relocators will find breathing room in budgets while accessing regional employment networks.

Affordability Calculator

See how your income compares to housing costs in Morgan County

$

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$1,513

per month

Owner Cost Burden

15.2%

of gross income

The median home in Morgan County may be a stretch

Median home value is $193,000. Estimated monthly cost: $1,541 vs. your max of $1,513.

Rent Affordability Guide

Your rent-to-income ratio15.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Morgan County, Alabama?
Morgan County, Alabama has a median monthly rent of $835/mo and a median home value of $193,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Morgan County?
The median gross rent in Morgan County is $835/mo. This is 5% above state average for Alabama.
Is Morgan County affordable?
Morgan County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Morgan County's rent compare to the state average?
Morgan County's median rent of $835/mo is 5% above state average of $799/mo for Alabama.
What is the median home value in Morgan County?
The median home value in Morgan County, Alabama is $193,000. This is 32% 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.