Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Carpenter area can be challenging. Home prices in Carpenter are now at a median cost of $146,280, lower than the Alabama average of $185,232.
The average cost of rent is $1,048/mo in Carpenter, primarily driven by the current value of real estate in the Carpenter area. While nearly 15.69% of residents own their homes outright in Carpenter, 20.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carpenter is $6,842 per month. Households that rent pay about 15.32% of their income on rent here. Carpenter's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Bay Minette, AL: equally priced homes
- Whitehouse Forks, AL: higher priced homes
- Hurricane, AL: higher priced homes
- Blacksher, AL: equally priced homes
- Stapleton, AL: higher priced homes
- Bromley, AL: higher priced homes
- Dyas, AL: equally priced homes
- Creola, AL: equally priced homes
- Phillipsville, AL: higher priced homes
- Axis, AL: equally priced homes
Cities with Similar Populations
- Vida, OR: higher priced homes
- Dorsey, IL: higher priced homes
- Dixie, GA: less expensive homes
- Dillingham, NC: higher priced homes
- Deerfield, KS: less expensive homes
- Deepwater, MO: less expensive homes
- Twin View Heights, IA: higher priced homes
- Vernon, MS: less expensive homes
- Cravens, KY: higher priced homes
- Douglas, IN: less expensive homes
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