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Fayette, AL Homes for Rent

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    $1,750 Per Month

    • 2 Baths
    • 3,492 Sq Ft
    • House for Rent

    835 Temple Ave S, Fayette, AL 35555

    This property is offered as a one-year lease with the possibility to purchase after 1 year. All payments will be credited towards purchase.

    Ron Henry EXIT Realty Birmingham

    835 Temple Ave S, Fayette, AL 35555
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    $600 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1127 1st Ave NW, Fayette, AL 35555

    Home for rent in Fayette Email for any questions

    1127 1st Ave NW, Fayette, AL 35555
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    $650 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    924 NE 2nd Ave NE, Fayette, AL 35555

    This home is pet friendly and available January 1, 2026. Apply online today!Pet fees may apply. All utilities are tenant's responsibility Step into this 2 bedroom cozy home in Fayette.

    924 NE 2nd Ave NE, Fayette, AL 35555

Why Live in Fayette

Fayette, Alabama, is a resilient community located in northwest Alabama, known for its historic charm and close-knit atmosphere. The city, which serves as the seat of Fayette County, features a walkable historic district along Temple Avenue, lined with brick commercial buildings rebuilt after a devastating fire in 1910. Fayette offers a variety of local shops such as Sweet Annie Boutique and Eaves Karate and Fitness, and dining options including Charles Cafeteria, Lisa's Barbecue, and Sam's Smoke House. The Fayette County Courthouse Historic District provides a picturesque retail experience, while a Walmart Super Center is situated to the north. Housing in Fayette includes historic cottages, colonial-influenced homes, common ranch styles, and New Traditional homes built from the 1990s to early 2000s. The city is within driving distance of Tuscaloosa, about 40 miles away, making it an attractive option for those seeking affordability without sacrificing proximity to larger urban areas. Fayette County has a history of severe storms and tornadoes, with the local emergency management agency providing alerts to residents. The community boasts highly rated schools and is home to Bevill State Community College, which offers scholarships and technical training. Guthrie Smith Park is a popular spot featuring a playground, sports fields, walking trails, and the seasonal Fayette Aquatic Center. The Fayette Art Museum showcases over 3,500 works of art and hosts various community events. Major highways such as State Highways 171 and 13, and U.S. Highway 43 facilitate transportation, connecting locals to nearby cities and Interstate 22.

Frequently Asked Questions

How much does it cost to rent a home in Fayette, AL?
The median rent for a home in Fayette, AL is $1,175 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Fayette, AL?
To comfortably afford the median rent in Fayette, AL, a household needs to earn roughly $47,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,175 per month in Fayette, AL, renters typically need to show $3,525 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Fayette, AL?
In Fayette, AL, the price-to-rent ratio is 8.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,175
Median Single Family Home Rent
$1,750
Median Condo Rent
$600
How to Rent a Home