Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Falkville area can be challenging. Home prices in Falkville are now at a median cost of $186,973, lower than the Alabama average of $228,911.
The average cost of rent is $885/mo in Falkville, primarily driven by the current value of real estate in the Falkville area. In Falkville, 16.29% of households rent, and 54.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falkville is $6,399 per month. Households that rent pay about 13.82% of their income on rent here. Falkville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Union Hill, AL: equally priced homes
- North Vinemont, AL: equally priced homes
- Tanner Heights, AL: higher priced homes
- Vinemont, AL: higher priced homes
- Gum Spring, AL: higher priced homes
- Massey, AL: higher priced homes
- Hartselle, AL: higher priced homes
- South Vinemont, AL: higher priced homes
- Eva, AL: equally priced homes
- West Point, AL: higher priced homes
Cities with Similar Populations
- Nebo, GA: higher priced homes
- New Egypt, NJ: higher priced homes
- New Columbia, PA: equally priced homes
- New Carlisle, IN: higher priced homes
- Nevada, TX: higher priced homes
- Nettleton, MS: less expensive homes
- Neshanic Station, NJ: higher priced homes
- Neptune Beach, FL: higher priced homes
- Nephi, UT: higher priced homes
- Nelsonville, OH: less expensive 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