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These days, finding an affordable place to live in the Enterprise area can be challenging. Home prices in Enterprise are now at a median cost of $211,509, lower than the Alabama average of $228,911.
The average cost of rent is $1,228/mo in Enterprise, primarily driven by the current value of real estate in the Enterprise area. In Enterprise, 33.06% of households rent, and 36.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Enterprise is $6,512 per month. Households that rent pay about 18.86% of their income on rent here. Enterprise’s most expensive areas are in the central 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
- Coppinville, AL: higher priced homes
- Keyton, AL: higher priced homes
- Level Plains, AL: less expensive homes
- New Brockton, AL: equally priced homes
- Fort Rucker, AL: less expensive homes
- Daleville, AL: less expensive homes
- Turner Crossroads, AL: less expensive homes
- Clayhatchee, AL: less expensive homes
- Tabernacle, AL: less expensive homes
- Goodman, AL: less expensive homes
Cities with Similar Populations
- San Lorenzo, PR: less expensive homes
- Huntington, NY: higher priced homes
- Hyde Park, MA: higher priced homes
- Irmo, SC: higher priced homes
- Isabela, PR: less expensive homes
- Juncos, PR: less expensive homes
- Kendall West, FL: higher priced homes
- Key West, FL: higher priced homes
- Kinston, NC: less expensive homes
- La Porte, TX: higher priced homes
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