Updated 2026 · Based on median market data for Anniston, AL
The median monthly rent in Anniston, AL is $920, translating to $11,040 in annual gross rental income per unit. The rent-to-price ratio is 0.54% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Anniston spend approximately 22% of the local median household income ($49,614) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.
The vacancy rate in Anniston is 6.4%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.8% annually provides stable demand.
Anniston's GRM (price divided by annual rent) is 15.4x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $920/mo, a single-family rental in Anniston generates approximately $11,040 in gross annual income. After accounting for 6.4% vacancy ($707 lost), property taxes of $714, insurance (~$680), and maintenance (~$680), the estimated NOI is $8,259 per year, or $688/mo.
Anniston vs Alabama state average and national average across key investment metrics. Anniston beats the national average but trails the Alabama average on cap rate.