Decatur
Alabama · Ranked #35 of 373 metros
91Affordable
💡
Housing in Decatur costs 2.93× the median income, below the national average of 4.5×. The median home price is $214K and median rent is $854/month. Decatur ranks #35 of 373 metros for affordability.
Median Home Price
🏠$214K
Need $63K income
Median Rent
🔑$854
Need $34K income
Building Permits
🔨234
annual
Median Income
💰$73K
Pop: 163,251
Rent Burden
⚠️23.2%
of renters paying >30%
Homeownership
🏡75.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Decatur | National |
|---|---|---|
| Price-to-Income Ratio | 2.93x | 6.1x |
| Rent Burden | 23.2% | 31.5% |
| Homeownership Rate | 75.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +66.1%Since 2000: +143%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$755/mo
1 Bedroom$776/mo
2 Bedroom$961/mo
3 Bedroom$1,262/mo
4 Bedroom$1,550/mo
Zillow Market Data
Home Value (ZHVI)
$226K
1yr: +0.4%5yr: +27.2%
Rent (ZORI)
$1,110/mo
1yr: +2.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$120K
Active Inventory
203
Days on Market
51
Sold Above List
17.3%
Price Drops
24.6%