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These days, finding an affordable place to live in the Bellamy area can be challenging. Home prices in Bellamy are now at a median cost of $111,000, lower than the Alabama average of $228,911.
The average cost of rent is $767/mo in Bellamy, primarily driven by the current value of real estate in the Bellamy area. In Bellamy, 29.89% of households rent, and 60.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bellamy is $3,646 per month. Households that rent pay about 21.04% of their income on rent here. Bellamy’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coatopa, AL: higher priced homes
- Brewersville, AL: less expensive homes
- Woodford, AL: higher priced homes
- York, AL: less expensive homes
- Ward, AL: equally priced homes
- Livingston, AL: higher priced homes
- Siloam, AL: higher priced homes
- McDowell, AL: higher priced homes
- Cuba, AL: equally priced homes
- Kinterbish, AL: higher priced homes
Cities with Similar Populations
- Hasty, AR: higher priced homes
- Buckhorn, PA: higher priced homes
- Hutchinson, PA: higher priced homes
- Wilton Center, IL: higher priced homes
- Oak Hill, TX: higher priced homes
- Brooke, VA: higher priced homes
- Vedin Corner, SD: higher priced homes
- Tomales, CA: higher priced homes
- Oak Island, TX: higher priced homes
- Lockhart, MS: less expensive homes
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