Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cold Springs area can be challenging. Home prices in Cold Springs are now at a median cost of $162,184, lower than the Alabama average of $185,232.
The average cost of rent is $1,037/mo in Cold Springs, primarily driven by the current value of real estate in the Cold Springs area. While nearly 56.98% of residents own their homes outright in Cold Springs, 7.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cold Springs is $3,707 per month. Households that rent pay about 27.98% of their income on rent here. Cold Springs's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Bremen, AL: less expensive homes
- Crane Hill, AL: higher priced homes
- Guthery Crossroads, AL: higher priced homes
- Trade, AL: higher priced homes
- Colony, AL: less expensive homes
- Dodge City, AL: less expensive homes
- Arley, AL: higher priced homes
- Sipsey, AL: less expensive homes
- Hull, AL: less expensive homes
- Empire, AL: less expensive homes
Cities with Similar Populations
- Pottersville, NJ: higher priced homes
- Long Cane, GA: higher priced homes
- Macedonia, IL: equally priced homes
- Machipongo, VA: higher priced homes
- Adair Village, OR: higher priced homes
- McKeefrey, WV: less expensive homes
- Millwood, KY: less expensive homes
- Moreland, AR: less expensive homes
- Mortons Gap, KY: less expensive homes
- New Milford, IL: less expensive homes
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