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These days, finding an affordable place to live in the Glenwood area can be challenging. Home prices in Glenwood are now at a median cost of $156,109, lower than the Alabama average of $228,911.
The average cost of rent is $739/mo in Glenwood, primarily driven by the current value of real estate in the Glenwood area. In Glenwood, 34.74% of households rent, and 69.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glenwood is $4,615 per month. Households that rent pay about 16.01% of their income on rent here. Glenwood’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vidette, AL: higher priced homes
- Bullock, AL: equally priced homes
- Brantley, AL: less expensive homes
- Zoar, AL: less expensive homes
- Goshen, AL: less expensive homes
- Luverne, AL: equally priced homes
- Henderson, AL: less expensive homes
- Patsburg, AL: equally priced homes
- Rutledge, AL: less expensive homes
- Lowry Mill, AL: less expensive homes
Cities with Similar Populations
- Alert, NC: higher priced homes
- Alta Vista, KS: equally priced homes
- Artois, CA: higher priced homes
- Bassett, NE: less expensive homes
- Bay Port, MI: equally priced homes
- Pope Mills, NY: less expensive homes
- Pulaski, MO: less expensive homes
- Puckett, MS: equally priced homes
- Proctor, AR: less expensive homes
- Princeton, KS: higher priced homes
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