Foreclosure Homes in Orange Beach, AL

Current Market Conditions in Orange Beach, AL

The real estate market in Orange Beach has been experiencing an upward trend, with increasing home values due to its popularity as a vacation destination and second-home market. Buyers are drawn to the area's stunning waterfront properties, leading to competitive bidding situations in many neighborhoods. Orange Beach has also seen a surge in new construction projects to meet the demand for vacation rentals and housing.

Investors are particularly interested in the rental market as more families and vacationers seek short-term rental opportunities. The year-round pleasant climate contributes to a steady influx of tourists, maintaining demand for homes in the area.

Rent Prices In Orange Beach, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Orange Beach, AL, is on a rollercoaster ride. The average rent price in Orange Beach, AL, is $1,634.00. Indeed, when looking to rent in Orange Beach, AL, you can expect to pay as little as $620.00 or as much as $3,260.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Orange Beach, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.