Rental numbers for Etowah County, AL
The typical home here runs -$518 a month at 7.78% with 25% down, breaking even at about 1.6%.
- Gross yield
- 6.6%
- typical home, Zillow
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- -$518/mo
- at 7.78%, 25% down
- Typical price
- $188,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,031/mo
- Zillow ZORI, Aug 2026
ZIP codes in Etowah County
10 with published figures
| 35904Gadsden | $118,000 | $900* | 9.2% | 4.6% | -$181 | n/a |
| 35903Hokes Bluff | $148,000 | $930* | 7.5% | 3.7% | -$346 | n/a |
| 35954Attalla | $149,000 | $850* | 6.9% | 3.1% | -$415 | n/a |
| 35901Gadsden | $165,000 | $900* | 6.6% | 2.9% | -$488 | n/a |
| 35952Altoona | $208,000 | $1,020* | 5.9% | 2.7% | -$649 | n/a |
| 35972Gallant | $223,000 | $1,020* | 5.5% | 2.3% | -$783 | n/a |
| 35907Southside | $277,000 | $1,260* | 5.5% | 2.5% | -$906 | n/a |
| 35906Rainbow City | $254,000 | $1,110* | 5.3% | 2.3% | -$879 | n/a |
| 35905Glencoe | $215,000 | $880* | 4.9% | 1.9% | -$824 | n/a |
| 35956Boaz | $227,000 | $920* | 4.9% | 1.9% | -$862 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.1%
- Rent, 12 months
- +3.1%
- Rent minus price growth
- -3.0 pts
- Property tax
- 0.39%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $151,157 | n/a |
| Aug 2022 | $167,958 | n/a |
| Aug 2023 | $163,610 | n/a |
| Aug 2024 | $173,896 | $968 |
| Aug 2025 | $176,936 | $1,000 |
| Aug 2026 | $187,728 | $1,031 |
HUD Fair Market Rent
FY2027, Gadsden, AL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $679 | $830 | $975 | $1,235 | $1,397 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.0
- 117 units, last 12 months
- National percentile
- 34th
- among US counties
Tools
Test a listing in Etowah County against today's rate.
Open the calculatorPart of the Gadsden, AL metro.
Questions
- Is Etowah County good for rental property?
- The typical home here runs -$518 a month at 7.78% with 25% down, breaking even at about 1.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Etowah County?
- About 0.39% of value, from Census ACS median taxes paid over median home value. On a $188,000 home that is about $725 a year.
- What is Fair Market Rent in Etowah County?
- HUD's FY2027 Fair Market Rent here is $830 for a 1-bedroom, $975 for a 2-bedroom and $1,235 for a 3-bedroom. Typical cash flow at today's rate is -$518 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.