
Home Price Key
These days, finding an affordable place to live in the Arab area can be challenging. Home prices in Arab are now at a median cost of $147,514, lower than the Alabama average of $185,232.
The average cost of rent is $733/mo in Arab, primarily driven by the current value of real estate in the Arab area. While nearly 46.69% of residents own their homes outright in Arab, 24.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Arab is $4,465 per month. Households that rent pay about 16.43% of their income on rent here. Arab's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
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