Russell County, Alabama Housing Market Prices
Russell County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 19% above the Alabama median More expensive than 79% of counties in Alabama$190,468
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Median rent 7% below the Alabama median More expensive than 79% of counties in Alabama$938
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Russell County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $190,468 | $160,474 | $248,835 |
| Price Trend (Annual %) | 8.1% | 6.3% | 7.5% |
| Median Gross Rent | $938 | $1,007 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Russell County is about 19% higher than in Alabama. Rent is about 7% lower than the Alabama average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Russell County, up about 8.1% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Russell County rose about 28.3% between 2015 and 2024, from $731 to $938. Over the same span, rent in Alabama rose about 40.5%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Russell County.
Buying the median-priced home in Russell County costs roughly 16.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Russell County. The price-to-rent ratio in Alabama is about 13.3.
| Metric | Russell County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $190,468 | $160,474 | $248,835 |
| Median Household Income | $51,343 | $64,544 | $80,455 |
| Price-to-Income Ratio | 3.7 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Russell County rose about 24.9%, while median household income rose about 55.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Russell County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 60.0% | 58.5% |
| Rental Rate | 33.4% | 25.5% | 31.2% |
| Vacancy Rate | 13.6% | 14.5% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Russell County has a homeownership rate of 53.0%, lower than the Alabama average of 60.0%. Its housing vacancy rate is 13.6%, compared with 14.5% in Alabama.
Housing Stock
| Metric | Russell County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1978 | 1985 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Russell County was built around 1978. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Russell County, AL Housing Compared With Nearby Counties
How Russell County, AL compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Russell County, AL | 58,811 | $190,468 #2/3 | $938 #3/3 | 61.3% #2/3 |
| Lee County, AL | 181,134 | $274,879 | $1,058 | 66.3% |
| Muscogee County, GA | 203,480 | $145,914 | $1,106 | 50.8% |
Frequently Asked Questions
Common questions about the housing market in Russell County, Alabama.
What is the median home price in Russell County, Alabama?
The median home price in Russell County, Alabama is $190,468, higher than the Alabama average of $160,474.
What is the average home price in Russell County, Alabama?
The typical home price in Russell County, Alabama, reported as the median sale price, is $190,468. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Russell County, Alabama?
The median gross rent in Russell County, Alabama is $938 per month, lower than the Alabama average of $1,007.
What was the median gross rent in Russell County in 2020?
In 2020, the median gross rent in Russell County, Alabama was $797 per month.
What is the price-to-rent ratio in Russell County, Alabama?
The price-to-rent ratio in Russell County, Alabama is about 16.9, meaning it would take roughly 16.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Russell County.
Are home prices or rent rising faster in Russell County, Alabama?
Both home prices and rent are rising in Russell County, up about 8.1% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Russell County, Alabama?
53.0% of households in Russell County, Alabama own their home, lower than the Alabama average of 60.0%.
What is the vacancy rate in Russell County, Alabama?
The housing vacancy rate in Russell County, Alabama is 13.6%, lower than the Alabama average of 14.5%.
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