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Affordable
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These days, finding an affordable place to live in the Bremen area can be challenging. Home prices in Bremen are now at a median cost of $160,860, lower than the Alabama average of $228,911.
The average cost of rent is $1,190/mo in Bremen, primarily driven by the current value of real estate in the Bremen area. In Bremen, 17.88% of households rent, and 64.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bremen is $3,865 per month. Households that rent pay about 30.78% of their income on rent here. Bremen’s most expensive areas are in the southeastern 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
- Cold Springs, AL: equally priced homes
- Crane Hill, AL: higher priced homes
- Guthery Crossroads, AL: higher priced homes
- Colony, AL: equally priced homes
- Trade, AL: higher priced homes
- Dodge City, AL: higher priced homes
- Sipsey, AL: less expensive homes
- Hull, AL: less expensive homes
- Empire, AL: less expensive homes
- Partridge Crossroads, AL: equally priced homes
Cities with Similar Populations
- Gorham, NH: higher priced homes
- Sullivan, WI: higher priced homes
- Poth, TX: higher priced homes
- Plainview, TN: higher priced homes
- Homestead Valley, CA: higher priced homes
- Gerrardstown, WV: higher priced homes
- Sadieville, KY: higher priced homes
- Dania, FL: higher priced homes
- Cromwell, IN: higher priced homes
- Transfer, PA: less expensive homes
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