The Most Affordable Neighborhoods in Crane Hill, AL by Home Value

 

Crane Hill, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Crane Hill area can be challenging. Home prices in Crane Hill are now at a median cost of $208,187, higher than the Alabama average of $185,232.

The average cost of rent is $848/mo in Crane Hill, primarily driven by the current value of real estate in the Crane Hill area. While nearly 54.89% of residents own their homes outright in Crane Hill, 8.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Crane Hill is $5,396 per month. Households that rent pay about 15.72% of their income on rent here. Crane Hill's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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