Homes for Rent in New Hope, AL

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What to Know About

Life in New Hope & Beyond

New Hope shares many of the great qualities that make Alabama a desirable place to live.

Alabama has enchanting small towns and breathtaking landscapes, where rolling hills and pristine Gulf Coast beaches beckon. Discover the state's rich heritage by visiting the Birmingham Civil Rights Institute and the Alabama Museum of Natural History, or attain a quality education at prestigious institutions such as the University of Alabama or Auburn University. In addition, industries such as manufacturing, agriculture, and aerospace also drive Alabama's economy.

Alabama boasts an impressive array of renowned attractions, including the exhilarating Civil Rights Trail, the legendary Robert Trent Jones Golf Trail, the formidable USS Alabama Battleship Memorial Park, and the historic town of Selma. Outdoor enthusiasts will be in paradise with many activities to choose from, including exploring the Gulf State Park or hiking the rugged mountains.

With its vibrant culture, thriving economy, and rich history, Alabama is perfect for those seeking a unique blend of urban and southern living. Be captivated by Alabama's charm, irresistible landscapes, and unparalleled quality of life. Alabama is a great place to live for those looking to experience the best of southern living.

Rental Market Trends

Madison County, AL

As of July 2025, Madison County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madison County's average rent is 8.0% ($94) lower than the Alabama average of $1,174 and 39.2% ($695) lower than the U.S. average of $1,775.

Average Rent
$1,080
Monthly ChangeMonth Over Month Change
Decreased3.7% ($41)
Yearly ChangeYear Over Year Change
Decreased17.2% ($225)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $908 Decreased3.8% ($36) Decreased3.6% ($34)
2 Beds $1,061 Decreased1.6% ($17) Decreased8.9% ($104)
3 Beds $1,401 Increased0.7% ($10) Decreased15.2% ($252)
Cities within Madison County Average Rent Avg. Rent vs. MadisonAverage Rent vs. Madison County Avg. Days on MarketAverage Days on Market
Huntsville $1,002 Decreased7.2% ($78) 37 days
Madison $1,413 Increased30.8% ($333) 35 days
Meridianville $1,481 Increased37.1% ($401) 40 days
Hazel Green $1,150 Increased6.5% ($70) 38 days
New Market $1,365 Increased26.4% ($285) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madison County Rental Market FAQs

Explore rental prices, market trends, and availability in Madison County, AL.

The average rent in Madison County, AL is $1,080 per month.
Homes in Madison County typically rent for between $636 and $1,821 per month, with an average of $1,080 per month.
In Madison County, the average rent for a 1-bedroom home is $908 per month, for a 2-bedroom home, $1,061 per month, and a 3-bedroom home is $1,401 per month.
The average rent in Madison County is 39.2% ($695) lower than the national average of $1,775 per month.
The average rent in Madison County has decreased by 3.7% ($41) in the last month and decreased by 17.2% ($225) over the past year.
The rental market in Madison County, AL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madison County, AL, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 323 rental properties available in Madison County, AL.
Based on the current averages, a household would need an annual income of $42,440 to comfortably afford a 2-bedroom home in Madison County.
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