Homes For Rent in New Market, AL

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What to Know About

Life in New Market & Beyond

New Market 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

New Market, AL

As of March 2025, New Market's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Market's average rent is 11.6% ($149) higher than the Alabama average of $1,283 and 19.9% ($356) lower than the U.S. average of $1,788.

Average Rent
$1,432
Monthly ChangeMonth Over Month Change
Decreased3.4% ($50)
Yearly ChangeYear Over Year Change
Decreased21.6% ($394)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,193 Decreased1.5% ($18) Decreased2.9% ($36)
2 Beds $1,337 Decreased3.1% ($43) Decreased4.6% ($64)
3 Beds $1,810 Increased0.3% ($6) Decreased1.2% ($22)
Nearby Cities Average Rent Avg. Rent vs. New MarketAverage Rent vs. New Market Avg. Days on MarketAverage Days on Market
Meridianville $1,508 Increased5.3% ($76) 40 days
Hazel Green $1,307 Decreased8.7% ($125) 38 days
Brownsboro $1,259 Decreased12.1% ($173) 38 days
Huntsville $1,141 Decreased20.3% ($291) 37 days
Toney $1,368 Decreased4.5% ($64) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New Market Rental Market FAQs

Explore rental prices, market trends, and availability in New Market, AL.

The average rent in New Market, AL is $1,432 per month.
Homes in New Market typically rent for between $835 and $2,353 per month, with an average of $1,432 per month.
In New Market, the average rent for a 1-bedroom home is $1,193 per month, for a 2-bedroom home, $1,337 per month, and a 3-bedroom home is $1,810 per month.
The average rent in New Market is 19.9% ($356) lower than the national average of $1,788 per month.
The average rent in New Market has decreased by 3.4% ($50) in the last month and decreased by 21.6% ($394) over the past year.
The rental market in New Market, AL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New Market, AL, the average rental stays on the market for approximately 37 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 19 rental properties available in New Market, AL.
Based on the current averages, a household would need an annual income of $53,480 to comfortably afford a 2-bedroom home in New Market.
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