City · 10,799 residents · Franklin County, Alabama
Russellville, Alabama
In Russellville, a typical home is worth $123,800 and typical rent is $685 a month. Compared with all of Franklin County, typical household income is 9% higher and the typical home value is 9% lower.
Typical home value from Zillow, September 2021 to September 2026: from $141,151 to $178,209.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Russellville is in Franklin 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 Franklin County. See the county
What this place has that others do not, from public data, most unusual first.
1
According to Zillow, in the 12 months to September 2026 the typical home value in Russellville fell 2.1%; in Alabama, it rose 1.9%.
2
Russellville has the 8th lowest typical rent of the 117 cities in Alabama with more than 5,000 people ($685).
Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data
The homes here
Housing in Russellville
What homes there are in Russellville, 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
Russellville
Franklin County
Alabama
United States
Kind of home: Russellville and its comparisons
Measure
Russellville
Franklin County
Alabama
United States
Detached house
78%
73%
69%
61%
Attached house
Unreliable estimate
Unreliable estimate
2%
6%
Building of 2 to 4
Unreliable estimate
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
12%
19%
Mobile home
Unreliable estimate
15%
12%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 78% of homes here, against 73% in Franklin County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Russellville
Franklin County
Alabama
United States
Year built: Russellville and its comparisons
Measure
Russellville
Franklin County
Alabama
United States
Before 1960
14%
15%
16%
26%
1960–1979
36%
31%
26%
24%
1980–1999
27%
32%
29%
25%
2000–2009
16%
13%
15%
14%
2010 or later
Unreliable estimate
10%
13%
11%
In Russellville, half of the homes were built before 1981; in Franklin County, before 1983.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K37%
$100K–$200K38%
$200K–$300K13%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Russellville and its comparisons
Measure
Russellville
Under $100K
37%
$100K–$200K
38%
$200K–$300K
13%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99961%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Russellville and its comparisons
Measure
Russellville
Under $500
Unreliable estimate
$500–$999
61%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,212 a month
Franklin County: $1,181 a month
Without a mortgage
$448 a month
Franklin County: $427 a month
Owners with a mortgage
35%
Franklin County: 37%
The typical cost for an owner with a mortgage in Russellville is $1,212 a month, near the figure in Franklin County ($1,181).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Russellville+34%
Franklin County+43%
Alabama+47%
United States+53%
Typical rent
RussellvilleNo clear change
Franklin County+16%
Alabama+27%
United States+33%
Typical household income
RussellvilleNo clear change
Franklin County+23%
Alabama+27%
United States+29%
Change since 2015–2019: Russellville and its comparisons
Measure
Russellville
Franklin County
Alabama
United States
Typical home value
+34%
+43%
+47%
+53%
Typical rent
No clear change
+16%
+27%
+33%
Typical household income
No clear change
+23%
+27%
+29%
The typical home value in Russellville rose 34% since 2015–2019, less than in Franklin County (43%).
Rent in Russellville moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Russellville and its comparisons
Measure
Russellville
Franklin County
Alabama
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
7.2%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
Unreliable estimate
2.8%
1.7%
3.4%
People per household
2.83
2.65
2.48
2.53
Drive alone
87%
86%
81%
69%
Carpool
Unreliable estimate
11%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
1%
3%
Work from home
Unreliable estimate
2%
9%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Households in Russellville are bigger: 2.83 people on average; in Franklin County, 2.65.
To get to work, 87% of workers in Russellville drive alone; in Franklin County, 86%.
Do the math
What would you pay each month for a home in Russellville?
A typical home is within reach of the typical income
We start with a typical home in Russellville, worth $123,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 20% of the typical household income in Russellville, which is $58,231 a year.
The calculator's FHA and conventional loan limits are those of all of Franklin 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 Russellville. 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 $4,333 (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
$969
at 7.18% · 30 years
Loan amount
$121,558
Total interest
$174,893
Paid off in
November 2056
Includes $2,091 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,359 a month
Your payment · 20%
Tight
$1,359 to $1,747 a month
Hard
more than $1,747 a month
Compared with the typical household income in Russellville ($58,231 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$823
Property tax
$39
Home insurance
$52
FHA mortgage insurance (MIP)
$55
You need at least $4,333 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 $969; principal and interest $823.
The city and its county
Russellville and Franklin County
Russellville is in Franklin 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).
Russellville
Map of Franklin County, Alabama, with Russellville marked. Around it, the neighboring counties.
Russellville
Franklin County
Other cities with a page
Russellville's own numbers
Typical home value
$123,800
Typical monthly rent
$685
Typical yearly household income
$58,231
Households that own their home
70%
Effective property tax rate
0.38%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Franklin County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$921
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
1.2%
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 Franklin County.
A typical home in Russellville is worth $123,800: 9% below the county and 41% below Alabama. With the typical household income in Russellville ($58,231 a year), a typical home costs 2.1 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.
Russellville2.1 years
Franklin2.5 years
Alabama3.3 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Franklin County
According to FHFA’s house price index, home prices in Franklin County rose 75% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Franklin County.
Yearly change in FHFA’s price index in Franklin County, 2016 to 2025
2016: −1.1% −1.1% 2016
2017: +5.2% +5.2% 2017
2018: +4.9% +4.9% 2018
2019: +4.9% +4.9% 2019
2020: +2.3% +2.3% 2020
2021: +8.1% +8.1% 2021
2022: +15.4% +15.4% 2022
2023: +15.2% +15.2% 2023
2024: +2.8% +2.8% 2024
2025: +1.0% +1.0% 2025
Change in FHFA’s price index in Franklin County, Alabama and the United States
Period
County
Alabama
U.S.
Last year (2025)
+1.0%
+2.5%
+2.9%
5 years (2020–2025)
+49%
+47%
+47%
10 years (2015–2025)
+75%
+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
Russellville next to Franklin 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
Russellville$123,800
Franklin$136,000
Alabama$209,900
United States$332,700
Typical monthly rent
Russellville$685
Franklin$676
Alabama$1,007
United States$1,413
Typical yearly household income
Russellville$58,231
Franklin$53,338
Alabama$63,999
United States$80,734
See the full table
Russellville next to Franklin County and Alabama
Measure
Russellville
Franklin County
Alabama
U.S.
Typical home value
$123,800 ▼9% below the county
$136,000
$209,900
$332,700
Typical monthly rent
$685
$676
$1,007
$1,413
Typical yearly household income
$58,231 ▲9% above the county
$53,338
$63,999
$80,734
Households that own their home
70% ▼3 points below the county
72%
70%
65%
Typical yearly property tax
$476 ▲10% above the county
$433
$788
$3,119
Effective property tax rate
0.38% ▲0.06 points above the county
0.32%
0.38%
0.94%
Renters with high rent for their income
42% ▲6 points above the county
36%
49%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Franklin 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 Russellville
For a typical $123,800 home in Russellville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Russellville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$969a month
Least cash to close
Down payment
$4,333
Cash to close
$8,047
Rate
7.18%
Mortgage insurance
FHA MIP · $55
Conventional, 5% down$946a month
Down payment
$6,190
Cash to close
$9,904
Rate
7.18%
Mortgage insurance
PMI · $59
Conventional, 20% down, no PMI$762a month
Down payment
$24,760
Cash to close
$28,474
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$876a month
Down payment
$18,570
Cash to close
$22,284
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Russellville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$969
$4,333
$121,558
7.18%
FHA MIP · $55
$8,047
580
Conventional, 5% down
$946
$6,190
$117,610
7.18%
PMI · $59
$9,904
620*
Conventional, 20% down, no PMI
$762
$24,760
$99,040
7.18%
None
$28,474
620*
ITIN, 15% down (example)
$876
$18,570
$105,230
8.18%
None
$22,284
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 Russellville is $685 a month: about the same as the county. In Russellville, 42% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Franklin County, by unit size. To pay the 2-bedroom one ($921 a month) without spending more than 30% of your income, you would need to earn $17.71 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 Franklin County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$748
$14.38
$29,920
1 bedroom
$846
$16.27
$33,840
2 bedrooms
$921
$17.71
$36,840
3 bedrooms
$1,196
$23.00
$47,840
4 bedrooms
$1,210
$23.27
$48,400
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 Russellville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Russellville has 2 ZIP codes with their own.
For 2 bedrooms it runs from $920 in 35654 to $1,000 in 35653.
1 of the 2 is above the fair market rent for Franklin County ($921).
Fair market rent by ZIP code and size in Russellville, fiscal year 2027.
35653
$810
$920
$1,000
$1,300
$1,310
35654
$740
$830
$920
$1,190
$1,400
ZIP code2 bd3 bd
35653 $1,000$1,300
35654 $920$1,190
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Russellville 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 9 buildings with rents for lower incomes in Russellville. These are the largest.
Westside100 Engle Plz, Russellville 35653209 low-income homes · Run by Ha Russellville · Average payment: $295 a month · Average wait: 3 months(256) 332-1561
Village Square Apts100 Village Sq, Russellville 3565464 low-income homes · For older adults(256) 332-4620
Southwood Gardens100/13-18 Southwood Gardens, Russellville 3565350 low-income homes · For older adults(256) 332-9027
Charles Place908 Village Wood Dr, Russellville 3565448 low-income homes · 1 bd: 8 · 2 bd: 24 · 3 bd: 16 · In service since 2006 · For people with disabilities, families
Creekstone Apts1570 Lawrence St E, Russellville 3565448 low-income homes · 1 bd: 8 · 2 bd: 20 · 3 bd: 20 · In service since 2013 · For families
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.
There is 1 HUD-approved agency with an office in Franklin County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Russellville or Franklin County. The ones below are statewide in Alabama: they work in Russellville 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).
The HUD-approved agencies closest to the center of Russellville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
CA
Community Action Agency of Northwest Alabama - Franklin County
13150 Highway 43 Ste 4, Russellville · 1 miles away
No legal help resource on our list is for Russellville or Franklin 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 Russellville and all of Franklin 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 Russellville?
The typical home value in Russellville is $123,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Franklin County it is $136,000.
How much does it cost to rent in Russellville?
Typical rent in Russellville is $685 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Franklin County is $921.
What is the FHA loan limit in Russellville?
Russellville uses the FHA limit for all of Franklin 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 Russellville?
The typical homeowner in Russellville pays $476 a year, according to the U.S. Census Bureau. That is 0.38% of the home’s value; in Franklin County, the rate is 0.32%.
Where can I find free help to buy or rent in Russellville?
There is 1 HUD-approved counseling agency with an office in Franklin County. They can help you get ready to buy, with your credit, or with rent.
