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These days, finding an affordable place to live in the Gaylesville area can be challenging. Home prices in Gaylesville are now at a median cost of $101,840, lower than the Alabama average of $228,911.
The average cost of rent is $1,235/mo in Gaylesville, primarily driven by the current value of real estate in the Gaylesville area. In Gaylesville, 13.66% of households rent, and 76.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gaylesville is $3,507 per month. Households that rent pay about 35.22% of their income on rent here. Gaylesville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Watson, AL: higher priced homes
- Taff, AL: higher priced homes
- Fullerton, AL: higher priced homes
- Jamestown, AL: less expensive homes
- Congo, AL: higher priced homes
- Cornwall Furnace, AL: higher priced homes
- Lawrence, AL: higher priced homes
- Farill, AL: higher priced homes
- Cedar Bluff, AL: higher priced homes
- Lyerly, GA: higher priced homes
Cities with Similar Populations
- Six Lakes, MI: higher priced homes
- Glenbeulah, WI: higher priced homes
- Goodspring, TN: higher priced homes
- Hanley Hills, MO: less expensive homes
- Hermosa, SD: higher priced homes
- Howe, OK: higher priced homes
- Hughestown, PA: higher priced homes
- Keasbey, NJ: higher priced homes
- Langdon, ND: higher priced homes
- Leonard, OK: higher priced homes
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