Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chapman area can be challenging. Home prices in Chapman are now at a median cost of $102,803, lower than the Alabama average of $185,232.
The average cost of rent is $633/mo in Chapman, primarily driven by the current value of real estate in the Chapman area. While nearly 80.12% of residents own their homes outright in Chapman, 14.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chapman is $6,057 per month. Households that rent pay about 10.45% of their income on rent here. Chapman's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Georgiana, AL: less expensive homes
- McKenzie, AL: less expensive homes
- Garland, AL: higher priced homes
- Bolling, AL: less expensive homes
- Industry, AL: less expensive homes
- Shacklesville, AL: higher priced homes
- Owassa, AL: less expensive homes
- Bowles, AL: less expensive homes
- Skinnerton, AL: less expensive homes
- Oaky Streak, AL: less expensive homes
Cities with Similar Populations
- Perth, MS: less expensive homes
- Morgantown, MS: higher priced homes
- Morse Mill, MO: higher priced homes
- Partello, MI: higher priced homes
- Passaconaway, NH: higher priced homes
- Patuxent, MD: higher priced homes
- Payne, AR: equally priced homes
- Peabody, IN: higher priced homes
- Pedlar Mills, VA: higher priced homes
- Moran, WY: higher priced homes
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