Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gainesville area can be challenging. Home prices in Gainesville are now at a median cost of $76,817, lower than the Alabama average of $185,232.
The average cost of rent is $493/mo in Gainesville, primarily driven by the current value of real estate in the Gainesville area. While nearly 57.04% of residents own their homes outright in Gainesville, 55.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gainesville is $1,242 per month. Households that rent pay about 39.67% of their income on rent here. Gainesville's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Hamner, AL: higher priced homes
- Sumterville, AL: higher priced homes
- Panola, AL: higher priced homes
- Mount Hebron, AL: less expensive homes
- Epes, AL: less expensive homes
- Boligee, AL: less expensive homes
- Emelle, AL: equally priced homes
- Clinton, AL: higher priced homes
- Geiger, AL: higher priced homes
- Giles, MS: equally priced homes
Cities with Similar Populations
- Cruso, NC: higher priced homes
- Craig, NE: higher priced homes
- Craigmont, ID: higher priced homes
- Crayne, KY: higher priced homes
- Creston, NE: higher priced homes
- Critz, VA: higher priced homes
- Cromwell, OK: higher priced homes
- Crookston Junction, MN: higher priced homes
- Crosby, PA: higher priced homes
- Crosses Corner, VA: higher priced homes
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