Rental prices in Lake Forest, Huntsville, Madison County, AL have decreased by 3.23% over the past year. The average rent moved from $1,490 to $1,442.
Check out the average rent in Huntsville.
The national average price of rental apartments is $1,741, while the average monthly rent in Lake Forest, Huntsville, Madison County, AL is $1,442.
The average monthly rent for an apartment in Lake Forest, Huntsville, Madison County, AL is around $1,442.
A share of 68% of apartments in Lake Forest, Huntsville, Madison County, AL have the cheapest rents between $1,001-$1,500. Around 32% of Lake Forest's apartments have monthly rents between $1,501-$2,000.
The largest share of rentals in Lake Forest, Huntsville, Madison County, AL (68%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Lake Forest, Huntsville, Madison County, AL is $1,217.
In Lake Forest, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Lake Forest's rentals, 71% are small-scale complexes with under 50 units, and 18% are single-family rentals.
In total, Lake Forest, Huntsville, Madison County, AL has 1,349 residents, 711 women and 638 men, per U.S. Census recent estimates. Statistics show that the median age of Lake Forest’s population is 41.
There is a total of 632 households in Lake Forest, Huntsville, Madison County, AL. Of these, 122 have children and 511 are without children. Per Census Bureau’s most current estimates, 423 family households and 209 non-family households live in this area. The size of a household in Lake Forest is 2 people, on average. The median household annual income in Lake Forest equals $93,066, and the monthly housing costs equal $1,230.
According to data from the U.S. Census Bureau, 1% of the population in Lake Forest, Huntsville, Madison County, AL have no high school education, 14% went to high-school, and 21% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 28% hold a Bachelor Degree, and 31% hold a Graduate Degree.
