Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chelsea area can be challenging. Home prices in Chelsea are now at a median cost of $250,783, higher than the Alabama average of $185,232.
The average cost of rent is $964/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. While nearly 22.86% of residents own their homes outright in Chelsea, 8.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $8,818 per month. Households that rent pay about 10.94% of their income on rent here. Chelsea's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Simmsville, AL: less expensive homes
- Sterrett, AL: higher priced homes
- Siluria, AL: higher priced homes
- Meadowbrook, AL: higher priced homes
- Indian Springs Village, AL: higher priced homes
- Westover, AL: less expensive homes
- Columbiana, AL: less expensive homes
- Pelham, AL: equally priced homes
- Wilsonville, AL: less expensive homes
- Saginaw, AL: less expensive homes
Cities with Similar Populations
- Spring Hill, KS: equally priced homes
- South Point, OH: less expensive homes
- Southwest Ranches, FL: higher priced homes
- Spencer, IA: less expensive homes
- Klahanie, WA: higher priced homes
- Kill Devil Hills, NC: higher priced homes
- Spring City, PA: higher priced homes
- Ketchikan, AK: higher priced homes
- Keokuk, IA: less expensive homes
- Kenton, OH: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood