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These days, finding an affordable place to live in the China area can be challenging. Home prices in China are now at a median cost of $96,636, lower than the Alabama average of $185,232.
The average cost of rent is $659/mo in China, primarily driven by the current value of real estate in the China area. While nearly 54.78% of residents own their homes outright in China, 11.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in China is $3,844 per month. Households that rent pay about 17.14% of their income on rent here. China's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
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