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Affordable
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These days, finding an affordable place to live in the Carr Mill area can be challenging. Home prices in Carr Mill are now at a median cost of $160,228, lower than the Alabama average of $228,911.
The average cost of rent is $512/mo in Carr Mill, primarily driven by the current value of real estate in the Carr Mill area. In Carr Mill, 10.03% of households rent, and 59.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carr Mill is $5,472 per month. Households that rent pay about 9.36% of their income on rent here. Carr Mill’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Millerville, AL: equally priced homes
- Harkins Crossroads, AL: equally priced homes
- Shady Grove, AL: less expensive homes
- Chandler Springs, AL: less expensive homes
- Ashland, AL: equally priced homes
- Clairmont Springs, AL: less expensive homes
- Pinkneyville, AL: equally priced homes
- Erin, AL: less expensive homes
- Highland, AL: equally priced homes
- Gibsonville, AL: equally priced homes
Cities with Similar Populations
- Maples, NY: higher priced homes
- Maurine, SD: higher priced homes
- Belvidere, NE: less expensive homes
- Waves, NC: higher priced homes
- Waveland, AR: less expensive homes
- Berea, IA: higher priced homes
- Bingham, TN: higher priced homes
- Covel, WV: less expensive homes
- Peeltree, WV: higher priced homes
- Rocky, AR: higher priced homes
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