Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fort Payne area can be challenging. Home prices in Fort Payne are now at a median cost of $114,926, lower than the Alabama average of $185,232.
The average cost of rent is $643/mo in Fort Payne, primarily driven by the current value of real estate in the Fort Payne area. While nearly 56.14% of residents own their homes outright in Fort Payne, 38.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fort Payne is $3,708 per month. Households that rent pay about 17.35% of their income on rent here. Fort Payne's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Pine Ridge, AL: less expensive homes
- Rainsville, AL: higher priced homes
- Lebanon, AL: less expensive homes
- Loveless, AL: less expensive homes
- Jamestown, AL: less expensive homes
- Taff, AL: less expensive homes
- Sylvania, AL: higher priced homes
- Shiloh, AL: equally priced homes
- Hammondville, AL: less expensive homes
- Valley Head, AL: less expensive homes
Cities with Similar Populations
- Gaston, SC: less expensive homes
- Exeter, NH: higher priced homes
- Fairfax Station, VA: higher priced homes
- Fairwood, WA: higher priced homes
- Fillmore, CA: higher priced homes
- Forest City, NC: higher priced homes
- Forked River, NJ: higher priced homes
- Fort Bragg, NC: higher priced homes
- Fulton, MO: higher priced homes
- Evergreen Park, IL: higher priced homes
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