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These days, finding an affordable place to live in the Flat Rock area can be challenging. Home prices in Flat Rock are now at a median cost of $143,615, lower than the Alabama average of $228,911.
The average cost of rent is $831/mo in Flat Rock, primarily driven by the current value of real estate in the Flat Rock area. In Flat Rock, 20.75% of households rent, and 61.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flat Rock is $3,784 per month. Households that rent pay about 21.97% of their income on rent here. Flat Rock’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Higdon, AL: equally priced homes
- Ider, AL: higher priced homes
- Cameronsville, AL: higher priced homes
- Skaggs Corner, AL: equally priced homes
- Rosalie, AL: equally priced homes
- Pinder Hill, AL: equally priced homes
- Wannville, AL: equally priced homes
- Stevenson, AL: equally priced homes
- Trenton, GA: higher priced homes
- Rising Fawn, GA: higher priced homes
Cities with Similar Populations
- Airville, PA: higher priced homes
- Hughes Springs, TX: higher priced homes
- Goldsby, OK: higher priced homes
- Eyota, MN: higher priced homes
- Enoree, SC: less expensive homes
- Elkland, MO: higher priced homes
- Durant, MS: less expensive homes
- Dundas, MN: higher priced homes
- Cunningham, TN: higher priced homes
- Covelo, CA: higher priced homes
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