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Elba, AL Home Values and Rents
The typical home value in Elba is $131,024, 251st highest of 318 cities and towns in Alabama. Median rent is $653 a month.
- Typical home value
- $131,024
- 251st of 318 in AL
- Median rent
- $653/mo
- ACS 2020-2024
- Price change, 1 year
- +0.8%
- Sep 2026
- Homeownership
- 73.2%
- AL: 70.2%
Typical home value in Elba
Zillow Home Value Index, all homes, middle tier
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| Period | Elba |
|---|---|
| Sep 2026 | $131,024 |
| Dec 2025 | $128,783 |
| Dec 2024 | $134,026 |
| Dec 2023 | $130,063 |
| Dec 2022 | $124,581 |
| Dec 2021 | $120,852 |
| Dec 2020 | $110,141 |
| Dec 2019 | $100,135 |
| Dec 2018 | $92,932 |
| Dec 2017 | $93,686 |
| Dec 2016 | $89,030 |
Over five years, Elba prices changed +10.8%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
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| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 36323 | $118,400 | $640 | +1.8% | +49.4% |
Fair Market Rents, FY2027
HUD rent standard for Coffee County, AL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $834 | +20.3% |
| 1 bedroom | $839 | +18.0% |
| 2 bedrooms | $1,098 | +17.7% |
| 3 bedrooms | $1,520 | +17.1% |
| 4 bedrooms | $1,598 | +15.5% |
Frequently asked questions
- What is the typical home value in Elba, AL?
- The typical home value in Elba is $131,024 (Zillow Home Value Index, Sep 2026). The Alabama median is $209,900.
- How much is rent in Elba?
- The median rent in Elba is $653 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,098.
- Are home prices going up in Elba?
- The typical home value in Elba changed +0.8% over one year and +10.8% over five years, as of Sep 2026.
- How does Elba compare with the rest of Alabama?
- Elba has the 251st highest median home value of 318 cities and towns with 1,000+ residents in Alabama.
- Which ZIP code in Elba has the highest home values?
- ZIP code 36323 has the highest median home value at $118,400.