Madrid, AL
Full City Profile · Alabama · Houston County County
3.4
/5.0
B
Good
253
Population
145/sq mi density
$38,750
Median Income
$26,511 per capita
$129,500
Home Value
$157,485 Zillow
$825
Median Rent
29.2% income on rent
67°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$38,750 median income, 1.1% unemployment
A+
Affordability
4.8 / 5.0
$129,500 home value, $825/mo rent
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Housing Overview
Median Home Value
$129,500
54% below
US avg: $281,900
Median Rent
$825/mo
29% below
US avg: $1,163/mo
Homeownership Rate
89.0%
36% above US avg (65.4%)
Total Housing Units
134
Median year built: 1990
Home Value by Source
Census Median
$129,500
Zillow (ZHVI)
$157,485
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.0%
Owner-Occupied
11.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$825/mo
Affordability & Housing Stock
Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
89.0%
Complete Housing Data
Home Values
| Census Median Value | $129,500 |
| Zillow Home Value (ZHVI) | $157,485 |
Rent
| Census Median Rent | $825 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
Ownership & Stock
| Owner-Occupied | 89.0% |
| Renter-Occupied | 11.0% |
| Homeownership Rate | 89.0% |
| Total Housing Units | 134 |
| Median Year Built | 1990 |
| Rent Burden | 29.2% |