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These days, finding an affordable place to live in the Colbert Heights area can be challenging. Home prices in Colbert Heights are now at a median cost of $151,759, lower than the Alabama average of $228,911.
The average cost of rent is $783/mo in Colbert Heights, primarily driven by the current value of real estate in the Colbert Heights area. In Colbert Heights, 22.92% of households rent, and 54.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colbert Heights is $5,098 per month. Households that rent pay about 15.35% of their income on rent here. Colbert Heights’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.
Nearby Cities
- Tuscumbia, AL: higher priced homes
- Littleville, AL: equally priced homes
- Spring Valley, AL: higher priced homes
- Colonial Heights, AL: higher priced homes
- Crooked Oak, AL: higher priced homes
- Cedar Hills Estates, AL: higher priced homes
- Hester Heights, AL: equally priced homes
- Sheffield, AL: less expensive homes
- Muscle Shoals, AL: higher priced homes
- Steenson Hollow, AL: higher priced homes
Cities with Similar Populations
- Sandy Ridge, AL: less expensive homes
- Clear Creek, WV: less expensive homes
- Clemons, NY: higher priced homes
- Cleveland Corner, VT: higher priced homes
- Cliff, NM: higher priced homes
- Clover Creek, WA: higher priced homes
- Saxton, KY: less expensive homes
- Clymers, IN: equally priced homes
- Coalton, IL: less expensive homes
- Williamstown, IN: higher priced homes
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