The Most Affordable Neighborhoods in Cherokee Bluffs, AL by Home Value

 

Cherokee Bluffs, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cherokee Bluffs area can be challenging. Home prices in Cherokee Bluffs are now at a median cost of $176,855, lower than the Alabama average of $228,911.

The average cost of rent is $1,194/mo in Cherokee Bluffs, primarily driven by the current value of real estate in the Cherokee Bluffs area. In Cherokee Bluffs, 43.89% of households rent, and 62.62% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cherokee Bluffs is $8,465 per month. Households that rent pay about 14.11% of their income on rent here. Cherokee Bluffs’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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