Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Burnwell area can be challenging. Home prices in Burnwell are now at a median cost of $65,000, lower than the Alabama average of $185,232.
The average cost of rent is $575/mo in Burnwell, primarily driven by the current value of real estate in the Burnwell area. While nearly 62.29% of residents own their homes outright in Burnwell, 33.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burnwell is $4,310 per month. Households that rent pay about 13.34% of their income on rent here. Burnwell's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Jasper, AL: higher priced homes
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- Parrish, AL: higher priced homes
Cities with Similar Populations
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- Peru, KS: higher priced homes
- Powersville, MO: higher priced homes
- Pritchardsville, KY: higher priced homes
- Gray, TX: higher priced homes
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