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Homes & Apartments for Rent in Steele, AL

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What to Know About

Life in Steele & Beyond

Steele 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

Steele, AL

As of October 2026, Steele's rental market is balanced, with rentals spending about 37 days on the market, slower than in Alabama (34), and rents down 1.4% over the past year. Steele's average rent is 18.2% ($261) lower than the Alabama average of $1,435 and 43.6% ($908) lower than the U.S. average of $2,082.

Average Rent
$1,174
Monthly ChangeMonth Over Month Change
Increased0.04%
Yearly ChangeYear Over Year Change
Decreased1.4% ($17)
Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,016 Increased0.37% ($4) Increased2.9% ($29)
2 Beds $1,118 Decreased0.17% ($2) Decreased2.3% ($26)
3 Beds $1,202 Increased0.30% ($4) Decreased2.9% ($36)
Nearby Cities Average Rent Avg. Rent vs. SteeleAverage Rent vs. Steele Days on Market
Ashville $1,371 Increased16.8% ($197) 37 days
Rainbow City $1,481 Increased26.1% ($307) 34 days
Oneonta $1,232 Increased4.9% ($58) 37 days
Ragland $848 Decreased27.8% ($326) 37 days
Springville $1,519 Increased29.4% ($345) 37 days
Based on rentals advertised on RentalSource in and around Steele.
Frequently Asked Questions
Steele Rental Market FAQs

Explore rental prices, market conditions, and affordability in Steele, AL.

The average rent in Steele, AL is about $1,174 per month.
In Steele, the average rent is about $1,016 per month for a 1-bedroom home, about $1,118 for a 2-bedroom home and about $1,202 for a 3-bedroom home.
The average rent in Steele is 43.6% ($908) lower than the national average of $2,082 per month.
The rental market in Steele, AL is currently balanced, with rentals spending about 37 days on the market, slower than in Alabama (34), and rents down 1.4% over the past year.
Based on the current averages, a household would need an annual income of about $44,700 to comfortably afford a 2-bedroom home in Steele.
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