In Bay Minette, a typical home is worth $173,000 and typical rent is $782 a month. Compared with all of Baldwin County, the typical home value is 45% lower, typical household income is 43% lower, and the share of households that own their home is 17 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $179,500 to $207,107.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Bay Minette is in Baldwin County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Baldwin County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Bay Minette is worth $173,000,45% less than in Baldwin County as a whole ($316,900).
2
The typical household income in Bay Minette is $44,523,43% less than in Baldwin County as a whole ($78,775).
3
The typical rent in Bay Minette is $782 a month, 39% less than in Baldwin County as a whole ($1,277).
4
60% of households in Bay Minette own their home, against 78% in Baldwin County.
5
Nearby, in Chickasaw, the typical home value is $117,500: 32% less than in Bay Minette ($173,000).
6
Bay Minette has the 7th largest share of rent-burdened renters of the 101 cities in Alabama with more than 5,000 people (63%).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Bay Minette
What homes there are in Bay Minette, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Bay Minette
Baldwin County
Alabama
United States
Kind of home: Bay Minette and its comparisons
Measure
Bay Minette
Baldwin County
Alabama
United States
Detached house
74%
65%
69%
61%
Attached house
Unreliable estimate
2%
2%
6%
Building of 2 to 4
Unreliable estimate
4%
5%
8%
Apartments (5 or more)
Unreliable estimate
19%
12%
19%
Mobile home
Unreliable estimate
10%
12%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
In Bay Minette, 7 in 10 homes are single-family detached houses; in Baldwin County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or later
Bay Minette
Baldwin County
Alabama
United States
Year built: Bay Minette and its comparisons
Measure
Bay Minette
Baldwin County
Alabama
United States
Before 1960
17%
5%
16%
26%
1960–1979
40%
13%
26%
24%
1980–1999
24%
34%
29%
25%
2000–2009
14%
26%
15%
14%
2010 or later
5%
22%
13%
11%
Homes in Bay Minette are older: the typical year built is 1977; in Baldwin County, 1999.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K29%
$100K–$200K32%
$200K–$300K22%
$300K–$500K15%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Bay Minette and its comparisons
Measure
Bay Minette
Under $100K
29%
$100K–$200K
32%
$200K–$300K
22%
$300K–$500K
15%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
At least 98% of owner-occupied homes in Bay Minette are worth less than $500,000, below the FHA loan limit for Baldwin County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99959%
$1,000–$1,49928%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Bay Minette and its comparisons
Measure
Bay Minette
Under $500
Unreliable estimate
$500–$999
59%
$1,000–$1,499
28%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,154 a month
Baldwin County: $1,613 a month
Without a mortgage
$410 a month
Baldwin County: $474 a month
Owners with a mortgage
64%
Baldwin County: 59%
Owning costs less in Bay Minette: with a mortgage, the typical cost is $1,154 a month; in Baldwin County, $1,613. Without one, $410.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Bay Minette+38%
Baldwin County+60%
Alabama+47%
United States+53%
Typical rent
Bay Minette+34%
Baldwin County+25%
Alabama+27%
United States+33%
Typical household income
Bay MinetteNo clear change
Baldwin County+35%
Alabama+27%
United States+29%
Change since 2015–2019: Bay Minette and its comparisons
Measure
Bay Minette
Baldwin County
Alabama
United States
Typical home value
+38%
+60%
+47%
+53%
Typical rent
+34%
+25%
+27%
+33%
Typical household income
No clear change
+35%
+27%
+29%
The typical home value in Bay Minette rose 38% since 2015–2019, less than in Baldwin County (60%).
The typical rent in Bay Minette rose 34% over the same time; in Baldwin County, it rose 25%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Bay Minette and its comparisons
Measure
Bay Minette
Baldwin County
Alabama
United States
Rental vacancy
Unreliable estimate
24.9%
7.2%
5.5%
Homeowner vacancy
Unreliable estimate
1.7%
1.1%
0.9%
More than one person per room
Unreliable estimate
1.6%
1.7%
3.4%
People per household
2.24
2.47
2.48
2.53
Drive alone
79%
79%
81%
69%
Carpool
Unreliable estimate
6%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
1%
1%
3%
Work from home
Unreliable estimate
12%
9%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Bay Minette has 2.24 people, fewer than in Baldwin County (2.47).
To get to work, 79% of workers in Bay Minette drive alone; in Baldwin County, 79%.
Do the math
What would you pay each month for a home in Bay Minette?
A typical home costs more than the typical income allows
We start with a typical home in Bay Minette, worth $173,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Bay Minette, which is $44,523 a year. For that payment to be 28% of income, a household would need to earn about $57,601 a year.
The calculator's FHA and conventional loan limits are those of all of Baldwin County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Bay Minette. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,055 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,344
at 7.18% · 30 years
Loan amount
$169,867
Total interest
$244,398
Paid off in
November 2056
Includes $2,922 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,039 a month
Tight
$1,039 to $1,336 a month
Hard
more than $1,336 a month
Your payment · 36%
Compared with the typical household income in Bay Minette ($44,523 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,151
Property tax
$45
Home insurance
$72
FHA mortgage insurance (MIP)
$77
You need at least $6,055 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,344; principal and interest $1,151.
The city and its county
Bay Minette and Baldwin County
Bay Minette is in Baldwin County, Alabama. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Bay Minette
Map of Baldwin County, Alabama, with Bay Minette marked. Around it, the neighboring counties.
Bay Minette
Baldwin County
Other cities with a page
Bay Minette's own numbers
Typical home value
$173,000
Typical monthly rent
$782
Typical yearly household income
$44,523
Households that own their home
60%
Effective property tax rate
0.31%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Baldwin County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,434
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
11%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Baldwin County.
A typical home in Bay Minette is worth $173,000: 45% below the county and 18% below Alabama. With the typical household income in Bay Minette ($44,523 a year), a typical home costs 3.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Bay Minette3.9 years
Baldwin4.0 years
Alabama3.3 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Baldwin County
According to FHFA’s house price index, home prices in Baldwin County rose 103% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Baldwin County.
Yearly change in FHFA’s price index in Baldwin County, 2016 to 2025
2016: +5.1% +5.1% 2016
2017: +4.9% +4.9% 2017
2018: +5.6% +5.6% 2018
2019: +6.9% +6.9% 2019
2020: +4.4% +4.4% 2020
2021: +13.5% +13.5% 2021
2022: +17.3% +17.3% 2022
2023: +11.2% +11.2% 2023
2024: +3.0% +3.0% 2024
2025: +2.3% +2.3% 2025
Change in FHFA’s price index in Baldwin County, Alabama and the United States
Period
County
Alabama
U.S.
Last year (2025)
+2.3%
+2.5%
+2.9%
5 years (2020–2025)
+56%
+47%
+47%
10 years (2015–2025)
+103%
+77%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Bay Minette next to Baldwin County, Alabama and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Bay Minette$173,000
Baldwin$316,900
Alabama$209,900
United States$332,700
Typical monthly rent
Bay Minette$782
Baldwin$1,277
Alabama$1,007
United States$1,413
Typical yearly household income
Bay Minette$44,523
Baldwin$78,775
Alabama$63,999
United States$80,734
See the full table
Bay Minette next to Baldwin County and Alabama
Measure
Bay Minette
Baldwin County
Alabama
U.S.
Typical home value
$173,000 ▼45% below the county
$316,900
$209,900
$332,700
Typical monthly rent
$782 ▼39% below the county
$1,277
$1,007
$1,413
Typical yearly household income
$44,523 ▼43% below the county
$78,775
$63,999
$80,734
Households that own their home
60% ▼17 points below the county
78%
70%
65%
Typical yearly property tax
$529 ▼45% below the county
$960
$788
$3,119
Effective property tax rate
0.31% ▲0.01 points above the county
0.3%
0.38%
0.94%
Renters with high rent for their income
63% ▲16 points above the county
47%
49%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Baldwin County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Bay Minette
For a typical $173,000 home in Bay Minette, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Bay Minette's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,344a month
Least cash to close
Down payment
$6,055
Cash to close
$11,245
Rate
7.18%
Mortgage insurance
FHA MIP · $77
Conventional, 5% down$1,312a month
Down payment
$8,650
Cash to close
$13,840
Rate
7.18%
Mortgage insurance
PMI · $82
Conventional, 20% down, no PMI$1,054a month
Down payment
$34,600
Cash to close
$39,790
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,214a month
Down payment
$25,950
Cash to close
$31,140
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Bay Minette
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,344
$6,055
$169,867
7.18%
FHA MIP · $77
$11,245
580
Conventional, 5% down
$1,312
$8,650
$164,350
7.18%
PMI · $82
$13,840
620*
Conventional, 20% down, no PMI
$1,054
$34,600
$138,400
7.18%
None
$39,790
620*
ITIN, 15% down (example)
$1,214
$25,950
$147,050
8.18%
None
$31,140
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Bay Minette is $782 a month: 39% below the county. In Bay Minette, 63% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Baldwin County, by unit size. To pay the 2-bedroom one ($1,434 a month) without spending more than 30% of your income, you would need to earn $27.58 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Baldwin County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,180
$22.69
$47,200
1 bedroom
$1,317
$25.33
$52,680
2 bedrooms
$1,434
$27.58
$57,360
3 bedrooms
$1,855
$35.67
$74,200
4 bedrooms
$2,347
$45.13
$93,880
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Bay Minette
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Bay Minette is in ZIP code 36507.
For 2 bedrooms it is $1,220: $214 less than the fair market rent for Baldwin County ($1,434).
Fair market rent by ZIP code and size in Bay Minette, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
36507
$990
$1,080
$1,220
$1,530
$1,960
ZIP code2 bd3 bd
36507 $1,220$1,530
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Bay Minette when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 6 buildings with rents for lower incomes in Bay Minette. These are the largest.
Unknown13A Armstrong Ave, Bay Minette 36507108 homes, 107 low-income · Run by Ha Bay Minette · Average payment: $358 a month · Average wait: 16 months · Homes at several sites(251) 937-2211
Cottage Park Apts47247 Rabun Rd, Bay Minette 3650790 low-income homes · 1 bd: 22 · 2 bd: 45 · 3 bd: 23 · In service since 2007 · For people with disabilities, families
Bay Minette Rotary Vil2211 McMillan Ave, Bay Minette 3650750 homes, 49 low-income · For older adults(251) 937-2811
Cypress Trace Apartments904 Clark Ave, Bay Minette 3650740 low-income homes · 1 bd: 20 · 2 bd: 20 · In service since 2016
Village Oaks300 W Railroad St, Bay Minette 3650740 homes, 39 low-income · For older adults(251) 580-3333
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Baldwin County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Bay Minette or Baldwin County. The ones below are statewide in Alabama: they work in Bay Minette the same as in the rest of the state.
Alabama state authority program with down payment assistance of 4% of the price (up to $10,000) as a 10-year second mortgage, alongside a 30-year fixed mortgage.Offered by Alabama Housing Finance Authority (AHFA).
Alabama state authority 30-year low-rate mortgage, for first-time buyers and for people who have owned a home before, with down payment assistance of 4% of the price, up to $10,000, as a ten-year second mortgage.Offered by Alabama Housing Finance Authority (AHFA).
Alabama state authority grant for closing costs with an HFA Advantage conventional loan: 1% of the loan if you earn up to 50% of the area median, or half a percent if you earn 50% to 80%.Offered by Alabama Housing Finance Authority (AHFA).
No legal help resource on our list is for Bay Minette or Baldwin County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Bay Minette and all of Baldwin County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Bay Minette?
The typical home value in Bay Minette is $173,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Baldwin County it is $316,900.
How much does it cost to rent in Bay Minette?
Typical rent in Bay Minette is $782 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Baldwin County is $1,434.
What is the FHA loan limit in Bay Minette?
Bay Minette uses the FHA limit for all of Baldwin County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Bay Minette?
The typical homeowner in Bay Minette pays $529 a year, according to the U.S. Census Bureau. That is 0.31% of the home’s value; in Baldwin County, the rate is 0.3%.
Where can I find free help to buy or rent in Bay Minette?
We found no HUD-approved counseling agencies with an office in Baldwin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
