5

Newest Homes for Rent in Fayette, AL

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  • /2

    $800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,434 Sq Ft
    • House for Rent

    122 14 Th St NW, Fayette, AL 35555

    Move-in ready convenience meets unbeatable location! This beautifully constructed 3-bedroom, 2-bathroom brick home offers 1,432 square feet of updated interior living space situated on a massive lot. Nestled in the heart of Fayette (Email for application)

    122 14 Th St NW, Fayette, AL 35555
  • /2

    $800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,054 Sq Ft
    • House for Rent

    919 3rd Ave NE, Fayette, AL 35555

    Welcome to this cozy, well-maintained single-family home offering comfort, convenience, and classic charm. Perfect for individuals or families looking for a peaceful neighborhood to call home. (Email for schedulings/questions)

    919 3rd Ave NE, Fayette, AL 35555
  • /9

    $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
  • /2

    $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
  • /6

    $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

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 $800 per month, though prices vary by neighborhood, size, and property type. As of July 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 $32,000 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 $800 per month in Fayette, AL, renters typically need to show $2,400 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 12.8, 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
5
Median Rent
$800
Median Single Family Home Rent
$800
Median Condo Rent
$600
How to Rent a Home