Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Elrod area can be challenging. Home prices in Elrod are now at a median cost of $162,128, lower than the Alabama average of $228,911.
The average cost of rent is $834/mo in Elrod, primarily driven by the current value of real estate in the Elrod area. In Elrod, 15.63% of households rent, and 54.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elrod is $6,307 per month. Households that rent pay about 13.23% of their income on rent here. Elrod’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Echola, AL: higher priced homes
- Gordo, AL: less expensive homes
- Buhl, AL: equally priced homes
- Kirk, AL: less expensive homes
- Coker, AL: higher priced homes
- Romulus, AL: higher priced homes
- Pleasant Grove Estates, AL: less expensive homes
- Northport, AL: higher priced homes
- Stansel, AL: less expensive homes
- Reform, AL: less expensive homes
Cities with Similar Populations
- Rosendale, MO: higher priced homes
- Malta, ID: higher priced homes
- Mc Adams, MS: less expensive homes
- McGuffey, OH: less expensive homes
- McHenry, KY: less expensive homes
- Means, KY: less expensive homes
- Melcroft, PA: equally priced homes
- Mendes, GA: equally priced homes
- Minto, ND: less expensive homes
- Monroe, NE: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood