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These days, finding an affordable place to live in the Collins Chapel area can be challenging. Home prices in Collins Chapel are now at a median cost of $191,777, lower than the Alabama average of $228,911.
The average cost of rent is $927/mo in Collins Chapel, primarily driven by the current value of real estate in the Collins Chapel area. In Collins Chapel, 14.04% of households rent, and 43.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Collins Chapel is $6,637 per month. Households that rent pay about 13.97% of their income on rent here. Collins Chapel’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lomax, AL: equally priced homes
- Thorsby, AL: equally priced homes
- Jemison, AL: less expensive homes
- Clanton, AL: less expensive homes
- Wessington, AL: less expensive homes
- South Calera, AL: higher priced homes
- Minooka, AL: less expensive homes
- Randolph, AL: less expensive homes
- Shelby, AL: higher priced homes
- Wilton, AL: less expensive homes
Cities with Similar Populations
- Hartford, IA: higher priced homes
- Falls City, WI: higher priced homes
- Fifield, WI: equally priced homes
- Nuberg, GA: higher priced homes
- Oak Grove, IL: higher priced homes
- Meridian, OK: higher priced homes
- Petersham, MA: higher priced homes
- Hanska, MN: less expensive homes
- Lost Creek, KY: less expensive homes
- Liberty Hill, SC: higher priced homes
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