Gadsden, AL at a glance
Median household income
$40,345$3,362 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Gadsden, AL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Gadsden, AL? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Gadsden, AL MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $639 | $7,668 | $25,560 | 19% |
| 1-Bedroom Apartment | $792 | $9,504 | $31,680 | 23.6% |
| 2-Bedroom ApartmentBenchmark | $927 | $11,124 | $37,080 | 27.6% |
| 3-Bedroom Home | $1,124 | $13,488 | $44,960 | 33.4% |
| 4-Bedroom Home | $1,304 | $15,648 | $52,160 | 38.8% |
What a typical income covers in Gadsden, AL
The 50/30/20 rule applied to the local median of $40,345 a year ($3,362 a month before tax).
What $40,345 leaves after Alabama taxes
Federal income tax, Social Security, Medicare and Alabama tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Alabama
Living in Gadsden, AL: common questions
What is the median household income in Gadsden, AL?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Gadsden, AL is $40,345 per year (approximately $3,362 per month).
What is the average rent in Gadsden, AL?
The closest official figure is HUD's Fair Market Rent for 2026: $639 for a studio, $792 for one bedroom, $927 for two, $1,124 for three and $1,304 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Gadsden, AL expensive to live in?
Prices there run 14.3% below the U.S. average. BEA's regional price parity for the metro area is 85.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Gadsden, AL?
To keep a $927 two-bedroom under 30% of gross income, a household needs about $37,080 a year, or $3,090 a month. That is 92% of what the typical household in Gadsden, AL earns.
How much do you need to live comfortably in Gadsden, AL?
On the local median income of $40,345 ($3,362 a month before tax), the 50/30/20 rule leaves $1,681 a month for needs like rent, utilities and groceries, $1,009 for everything else and $672 for savings or debt. A two-bedroom at $927 takes 55% of the needs share.
How much is the electric bill in Gadsden, AL?
Homes in Alabama paid 16.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $148. Your bill depends mostly on heating and cooling.