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These days, finding an affordable place to live in the Gilbertown area can be challenging. Home prices in Gilbertown are now at a median cost of $130,625, lower than the Alabama average of $228,911.
The average cost of rent is $747/mo in Gilbertown, primarily driven by the current value of real estate in the Gilbertown area. In Gilbertown, 13.90% of households rent, and 71.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gilbertown is $5,135 per month. Households that rent pay about 14.55% of their income on rent here. Gilbertown’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wimberly, AL: higher priced homes
- Souwilpa, AL: higher priced homes
- Toxey, AL: less expensive homes
- Womack Hill, AL: less expensive homes
- Hodgewood, AL: higher priced homes
- Silas, AL: less expensive homes
- Needham, AL: less expensive homes
- Water Valley, AL: less expensive homes
- Pleasant Hill, AL: equally priced homes
- Melvin, AL: less expensive homes
Cities with Similar Populations
- Ambrose, GA: higher priced homes
- Roxana, IL: equally priced homes
- Leoti, KS: less expensive homes
- Rockland, WI: higher priced homes
- Robbins, TN: equally priced homes
- Ridgedale, MO: higher priced homes
- Redway, CA: higher priced homes
- Raymond, NE: higher priced homes
- Raglesville, IN: higher priced homes
- Quogue, NY: higher priced homes
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