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These days, finding an affordable place to live in the Bellwood area can be challenging. Home prices in Bellwood are now at a median cost of $173,155, lower than the Alabama average of $228,911.
The average cost of rent is $653/mo in Bellwood, primarily driven by the current value of real estate in the Bellwood area. In Bellwood, 26.48% of households rent, and 65.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bellwood is $5,292 per month. Households that rent pay about 12.34% of their income on rent here. Bellwood’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Highbluff, AL: equally priced homes
- Chancellor, AL: higher priced homes
- Clayhatchee, AL: less expensive homes
- Keyton, AL: higher priced homes
- Hartford, AL: equally priced homes
- Thurston, AL: less expensive homes
- Coffee Springs, AL: less expensive homes
- Daleville, AL: less expensive homes
- Black, AL: less expensive homes
- Geneva, AL: less expensive homes
Cities with Similar Populations
- Garfield, NM: less expensive homes
- Bridgeville, CA: higher priced homes
- Waterford, KY: higher priced homes
- Glenlock, KS: higher priced homes
- Brady, MT: higher priced homes
- Bradleyville, MO: equally priced homes
- Glendale, UT: higher priced homes
- Bordelonville, LA: less expensive homes
- Gibson Island, MD: higher priced homes
- Gatchel, IN: higher priced homes
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