What is the median rent in Lake View, AL?
The median gross rent in Lake View, AL is $1,676 (±$424) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 128 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake View, the median gross rent went from $1,393 in 2015–2019 to $1,676 in 2020–2024 (+20.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,676 (±$424)
- Rented homes
- 128 (±91)
- $2,000 or more
- 14.1%
- Since 2015–2019
- +20.3%
How much rent costs in Lake View
| Monthly gross rent | Lake View | Tuscaloosa County | Alabama | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±26.3 points) | 7.1% | 10.0% | 6.3% |
| $500 to $999 | 19.5% (±26.2 points) | 39.1% | 39.4% | 20.2% |
| $1,000 to $1,499 | 10.9% (±20.1 points) | 38.4% | 34.1% | 28.1% |
| $1,500 to $1,999 | 55.5% (±40.1 points) | 9.9% | 11.5% | 21.1% |
| $2,000 to $2,499 | 14.1% (±23.5 points) | 3.2% | 3.4% | 12.0% |
| $2,500 to $2,999 | 0.0% (±26.3 points) | 0.8% | 0.7% | 5.5% |
| $3,000 or more | 0.0% (±26.3 points) | 1.6% | 0.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 55.5% of renting households.
14.1% of rented homes in Lake View cost $2,000 or more a month.
Lake View against Tuscaloosa County, its state and the nation
| Lake View | Tuscaloosa County | Alabama | United States | |
|---|---|---|---|---|
| Median gross rent | $1,676 (±$424) | $1,037 (±$23) | $1,007 (±$8) | $1,413 |
| Rented homes paying rent | 128 (±91) | 32,747 (±1,356) | 535,330 (±6,270) | 42,849,984 |
In Lake View, median gross rent is higher than in Tuscaloosa County ($1,037).
It is also higher than in Alabama ($1,007).
It is not measurably different from the national figure ($1,413).
In Tuscaloosa County, Lake View ranks 1 of 9 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 9 of 424.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake View has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,393 (±$578) | $1,676 (±$424) | +20.3% | No measurable change after inflation |
| Households that rent | 3.9% (±3.0 points) | 9.1% (±6.3 points) | +5.2 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±54.1 points) | 0.0% (±26.3 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Lake View
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake View | — | $1,676 (±$424) | — |
| Woodstock | 5.0 mi | $1,027 (±$748) | Not measurably different |
| McCalla | 6.2 mi | $1,777 (±$155) | Not measurably different |
| Vance | 9.6 mi | $1,550 (±$493) | Not measurably different |
| Hueytown | 11 mi | $1,304 (±$94) | Not measurably different |
| Bessemer | 11 mi | $961 (±$57) | Lower |
| Brookwood | 12 mi | $1,097 (±$402) | Not measurably different |
| Concord | 13 mi | $775 (±$412) | Lower |
| Helena | 15 mi | $1,574 (±$291) | Not measurably different |
Nearby places with a measurably lower figure: Bessemer, AL ($961), Concord, AL ($775).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Tuscaloosa County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lake View | $1,676 (±$424) |
| 2 | Vance | $1,550 (±$493) |
| 3 | Coker | $1,353 (±$45) |
| 4 | Coaling | $1,254 (±$614) |
| 5 | Brookwood | $1,097 (±$402) |
| 6 | Tuscaloosa | $1,055 (±$26) |
| 7 | Holt | $1,012 (±$225) |
Showing 7 of 9 places in Tuscaloosa County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake View
What is the average rent in Lake View, AL?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake View is $1,676 (±$424) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lake View?
In Lake View, the median gross rent went from $1,393 in 2015–2019 to $1,676 in 2020–2024 (+20.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Lake View cost more than $2,000 a month?
14.1% of rented homes in Lake View have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Lake View higher than in Tuscaloosa County?
In Lake View, median gross rent is higher than in Tuscaloosa County ($1,037).
It is also higher than in Alabama ($1,007).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake View city, Alabama
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake View city, Alabama
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake View city, Alabama
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake View city, Alabama (place:40928, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake View at a glance
- Income and affordability in Lake View
- Home values in Lake View
- Homeowner costs in Lake View
- Property taxes in Lake View
- Types of homes in Lake View
- Heating fuel in Lake View
- Commute and cars in Lake View
- Crime reported to police in Lake View
- Population growth in Lake View
- How long people stay in Lake View
- Alabama landlord and tenant rules
- Housing across Tuscaloosa County
- Alabama places ranked by median rent
- Housing data for every place in Alabama