Alabama

Auburn, AL Rental Market

Auburn is a classic college town built around Auburn University, a major SEC institution with over 31,000 students and a nationally recognized engineering and veterinary school. The university is the overwhelming driver of rental demand, with off-campus housing making up the majority of the market. Auburn has a smaller year-round tenant base outside the academic calendar, making it best suited for investors experienced in college rental management.

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Average Rent in Auburn, AL

$1,150

per month ยท 2026-06

+3.5% year-over-year

Market Score

6/10

Key Facts โ€” Auburn, AL Rental Market

  • Average rent in Auburn, AL:$1,150/mo
  • Median rent:$1,058/mo
  • Rent range:$575 โ€“ $2,550/mo
  • Most common rental (2 bedrooms):$1,000/mo
  • Active listings:380
  • Avg days to lease:32 days
  • Year-over-year change:+3.5%
  • Median home value:$220,000
  • Est. gross annual yield:6.3%
  • Data as of:2026-06

Rent by Bedroom in Auburn, AL

Average monthly rent for each bedroom type based on current active listings in Auburn.

Bedroom TypeAvg Rent/mo
1 Bedroom
$825/mo
2 Bedrooms
$1,000/mo
3 Bedrooms
$1,300/mo
4 Bedrooms
$1,575/mo
5 Bedrooms
$1,825/mo

Auburn Rental Market Statistics

Key indicators from the current Auburn, AL rental market.

Active Listings

380

Available now in Auburn

Avg Days on Market

32

From list to lease

Rent per Sq Ft

$0.92

Average across listings

Avg Square Footage

1,250 sq ft

Typical rental size

Rent Range

$575 โ€“ $2,550

Min to max active listings

Year-over-Year Change

+3.5%

Avg rent vs. prior year

Investing in Auburn, AL Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$220,000

Typical purchase price in Auburn

Est. Gross Annual Yield

6.3%

Before expenses & vacancy

Avg Monthly Income

$1,150

At average market rent

Gross yield = (avg rent ร— 12) รท median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Auburn for a full cash-flow breakdown including all costs.

Auburn, AL Rental Market FAQ

Common questions about renting and investing in Auburn, AL.

What is the average rent in Auburn, AL?

The average rent in Auburn, AL is $1,150 per month as of 2026. One-bedroom apartments average $825/mo, two-bedrooms $1,000/mo, and three-bedroom homes $1,300/mo. Rents near the Auburn University campus are at the higher end, while properties farther from campus offer more affordable options for non-student tenants.

Is Auburn, AL a good place to invest in rental property?

Auburn offers a 6.3% estimated gross annual yield in a university-dominated market. High demand near campus ensures strong occupancy during the academic year. The key consideration is the concentration of student tenants โ€” investors should be comfortable with annual lease cycles, potential for summer vacancies, and active property management near a large university.

How does Auburn University drive the Auburn rental market?

Auburn University's 31,000+ enrollment is the primary driver of Auburn's rental market, generating year-round demand from students, graduate students, faculty, and staff. Game day weekends and fall enrollment cycles create seasonal peaks. The university's strong engineering, business, and agriculture programs attract students from across the Southeast, providing a steady and predictable demand cycle.

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