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Affordable
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These days, finding an affordable place to live in the Ashland area can be challenging. Home prices in Ashland are now at a median cost of $163,458, lower than the Alabama average of $228,911.
The average cost of rent is $505/mo in Ashland, primarily driven by the current value of real estate in the Ashland area. In Ashland, 22.69% of households rent, and 56.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ashland is $4,269 per month. Households that rent pay about 11.83% of their income on rent here. Ashland’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harkins Crossroads, AL: equally priced homes
- Gibsonville, AL: equally priced homes
- Highland, AL: equally priced homes
- Carr Mill, AL: equally priced homes
- Millerville, AL: equally priced homes
- Cragford, AL: equally priced homes
- Clairmont Springs, AL: less expensive homes
- Mellow Valley, AL: equally priced homes
- Erin, AL: less expensive homes
- Campbells Crossroads, AL: less expensive homes
Cities with Similar Populations
- Alturas, CA: higher priced homes
- Butler, KY: higher priced homes
- Coker, AL: higher priced homes
- St. Augustine South, FL: higher priced homes
- Greenport, NY: higher priced homes
- Tulia, TX: less expensive homes
- Sperry, OK: higher priced homes
- East Petersburg, PA: higher priced homes
- East Prairie, MO: less expensive homes
- East Walpole, MA: higher priced homes
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