The Most Affordable Neighborhoods in Cullman, AL by Home Value

 

Cullman, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cullman area can be challenging. Home prices in Cullman are now at a median cost of $165,500, lower than the Alabama average of $185,232.

The average cost of rent is $775/mo in Cullman, primarily driven by the current value of real estate in the Cullman area. While nearly 49.21% of residents own their homes outright in Cullman, 27.80% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cullman is $5,042 per month. Households that rent pay about 15.37% of their income on rent here. Cullman's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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