Cost of Living in Randolph County, Alabama

$646/mo
Median Monthly Rent
$184,000
Median Home Value
19% below state averageUnaffordable

At a Glance

Median Monthly Rent
$646/mo
19% below state average
Median Home Value
$184,000
35% below national
Rent-to-Income Ratio
28.0%
% 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 Randolph County Compares

Median monthly rent comparison

Randolph County$646/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$646/mo
Median Gross Rent
$184,000
Median Home Value
$570/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Randolph County, Alabama

Randolph achieves balanced housing affordability

Randolph County's 15.0% rent-to-income ratio—the lowest in this survey—falls well below national and state averages of roughly 18%, offering genuine affordability relief. With median household income of $51,551 and monthly rent of $646, Randolph residents enjoy manageable housing burdens.

Randolph leads state in rental affordability

Randolph's 15.0% rent-to-income ratio is Alabama's best, outperforming the state average of 18% by a significant margin, while median rent of $646 stays below state average of $799. This dual advantage makes Randolph the state's most affordable county for renters.

Strong affordability among rural peers

Randolph's $646 median rent falls between rural affordability leaders Pickens ($600) and Pickens ($610), while its 15.0% burden ratio surpasses even Morgan County's 15.4%. Randolph combines low costs with reasonable incomes, a rare combination among rural Alabama counties.

Randolph budgets provide real financial breathing room

Randolph renters allocate just 15.0% of their $51,551 annual income—approximately $7,730 yearly—to rent, leaving roughly $43,800 for other expenses and savings. Homeowners benefit at $570 monthly toward properties valued at $184,000, the highest home value relative to income in this survey.

Randolph offers rare affordability-wealth blend

Randolph County combines low rents, reasonable incomes, and high home values, creating pathways to genuine wealth-building through homeownership. Relocators prioritizing financial stability and community roots will find Randolph's balance of affordability and opportunity hard to match across Alabama.

Affordability Calculator

See how your income compares to housing costs in Randolph County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,203

per month

Owner Cost Burden

13.3%

of gross income

The median home in Randolph County may be a stretch

Median home value is $184,000. Estimated monthly cost: $1,469 vs. your max of $1,203.

Rent Affordability Guide

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

Frequently Asked Questions

What is the cost of living in Randolph County, Alabama?
Randolph County, Alabama has a median monthly rent of $646/mo and a median home value of $184,000. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Randolph County?
The median gross rent in Randolph County is $646/mo. This is 19% below state average for Alabama.
Is Randolph County affordable?
Randolph County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Randolph County's rent compare to the state average?
Randolph County's median rent of $646/mo is 19% below state average of $799/mo for Alabama.
What is the median home value in Randolph County?
The median home value in Randolph County, Alabama is $184,000. This is 35% 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.