
Home Price Key
These days, finding an affordable place to live in the Gadsden area can be challenging. Home prices in Gadsden are now at a median cost of $110,099, lower than the Alabama average of $185,232.
The average cost of rent is $758/mo in Gadsden, primarily driven by the current value of real estate in the Gadsden area. While nearly 57.25% of residents own their homes outright in Gadsden, 32.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gadsden is $3,633 per month. Households that rent pay about 20.87% of their income on rent here. Gadsden's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Clubview Heights, AL: higher priced homes
- Reece City, AL: equally priced homes
- Glencoe, AL: higher priced homes
- Rainbow City, AL: higher priced homes
- Attalla, AL: less expensive homes
- Hokes Bluff, AL: higher priced homes
- Ridgeville, AL: less expensive homes
- Southside, AL: higher priced homes
- Crudup, AL: equally priced homes
- Curtiston, AL: less expensive homes
Cities with Similar Populations
- Bear, DE: higher priced homes
- Rohnert Park, CA: higher priced homes
- Meadow Woods, FL: higher priced homes
- Moline, IL: higher priced homes
- Moorhead, MN: higher priced homes
- Morristown, NJ: higher priced homes
- Morrisville, NC: higher priced homes
- Muskogee, OK: higher priced homes
- Neenah, WI: higher priced homes
- North Atlanta, GA: higher priced homes
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