$1,050 Per Month
- 3 Beds
- 1 Bath
- 930 Sq Ft
- House for Rent
332 Woodward Rd, Birmingham, AL 35228
Frequently Asked Questions
How much does it cost to rent a home in Midfield, AL?
The median rent for a home in Midfield, AL is $874 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Midfield, AL?
To comfortably afford the median rent in Midfield, AL, a household needs to earn roughly $34,960 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 $874 per month in Midfield, AL, renters typically need to show $2,622 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 Midfield, AL?
In Midfield, AL, the price-to-rent ratio is 12.1, 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.
What neighborhoods in Midfield, AL are best for renting a home?
The best neighborhood for renting in Midfield, AL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Green Acres, Belview Heights, Central Park, Powderly and Oakwood Place, each with its own character and price range.
