All Cities

Madison, AL vs Mobile, AL

Side-by-side rent vs. buy comparison using 2026 market data — home prices, rents, price-to-rent ratios, and more.

Madison

Alabama

Neutral

Median Price

$430K

Avg Rent

$2,150/mo

Price-to-Rent Ratio

16.7×

Mobile

Alabama

Neutral

Median Price

$217K

Avg Rent

$1,082/mo

Price-to-Rent Ratio

16.7×

Head-to-Head Comparison

MetricMadison, ALMobile, ALWinner
Median Home Price$430K$217KMobile — More Affordable
Average Rent$2,150/mo$1,082/moMobile — Lower Rent
Price-to-Rent Ratio16.7×16.7×
Median List Price$521K$245KMobile — Lower List Price
Price per Sq Ft$174/sqft$128/sqftMobile — Lower Cost/SqFt
Days on Market61 days49 daysMadison — Hotter Market

Frequently Asked Questions

Is it cheaper to live in Madison or Mobile?

Madison has a median home price of $430K and average rent of $2,150/mo, while Mobile has a median home price of $217K and average rent of $1,082/mo.

Should I rent or buy in Madison?

Madison has a price-to-rent ratio of 16.7×. The market is roughly neutral between renting and buying.

Should I rent or buy in Mobile?

Mobile has a price-to-rent ratio of 16.7×. The market is roughly neutral between renting and buying.

Run the Full Calculation

Pre-filled with Madison or Mobile market data — adjust for your income, down payment, and timeline.