Rent in Selma, AL
Across Selma's 2 ZIP codes, a 2-bedroom typically rents for about $828 a month, with figures from $693–$980. The highest typical rent is in 36701 ($837) and the lowest in 36703 ($818). Owner-occupied homes in Dallas County pay about 0.41% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $687 | $596–$750 | 2 |
| 1 bed | $654 | $443–$750 | 2 |
| 2 beds | $828 | $693–$980 | 2 |
| 3 beds | $1,140 | $806–$1,350 | 2 |
| 4 beds | $1,234 | $995–$1,360 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Selma ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Selma, AL?
- About $828 a month: the median of the typical rents in 2 ZIP codes, which range from $693–$980. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Selma, AL?
- About $654 a month: the median of the typical rents in 2 ZIP codes, which range from $443–$750. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Selma, AL?
- About $1,140 a month: the median of the typical rents in 2 ZIP codes, which range from $806–$1,350. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Selma, AL?
- About $687 a month: the median of the typical rents in 2 ZIP codes, which range from $596–$750. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Selma, AL?
- About $1,234 a month: the median of the typical rents in 2 ZIP codes, which range from $995–$1,360. Figures are gross rent (rent plus tenant-paid utilities).
- Which Selma ZIP code has the highest rent?
- For a 2-bedroom, 36701 has the highest typical rent at $837 a month, and 36703 the lowest at $818.
- What is the property tax rate in Selma, AL?
- Owner-occupied homes in Dallas County pay a typical 0.41% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Selma rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).