Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gainestown area can be challenging. Home prices in Gainestown are now at a median cost of $66,666, lower than the Alabama average of $185,232.
The average cost of rent is $712/mo in Gainestown, primarily driven by the current value of real estate in the Gainestown area. While nearly 88.86% of residents own their homes outright in Gainestown, 41.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gainestown is $3,069 per month. Households that rent pay about 23.18% of their income on rent here. Gainestown's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Walker Springs, AL: higher priced homes
- Choctaw Bluff, AL: less expensive homes
- Carlton, AL: higher priced homes
- Mount Pleasant, AL: higher priced homes
- Perdue Hill, AL: higher priced homes
- Jackson, AL: higher priced homes
- Uriah, AL: higher priced homes
- Jeddo, AL: higher priced homes
- Prestwick, AL: higher priced homes
- Leroy, AL: higher priced homes
Cities with Similar Populations
- Elmwood, LA: higher priced homes
- Driftwood, OH: higher priced homes
- Dundee, MS: higher priced homes
- Dunlow, WV: equally priced homes
- Earl, NC: higher priced homes
- East Griffin, GA: higher priced homes
- Windham Springs, AL: higher priced homes
- Wilkins, TX: higher priced homes
- Widewater, VA: higher priced homes
- White City, TN: higher priced homes
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