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These days, finding an affordable place to live in the Gnatville area can be challenging. Home prices in Gnatville are now at a median cost of $181,889, lower than the Alabama average of $228,911.
The average cost of rent is $1,363/mo in Gnatville, primarily driven by the current value of real estate in the Gnatville area. In Gnatville, 17.39% of households rent, and 55.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gnatville is $5,197 per month. Households that rent pay about 26.22% of their income on rent here. Gnatville’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Estes Crossroads, AL: higher priced homes
- Ladiga, AL: equally priced homes
- Piedmont, AL: less expensive homes
- Ellisville, AL: higher priced homes
- Spring Garden, AL: equally priced homes
- Knightens Crossroads, AL: less expensive homes
- Piedmont Springs, AL: less expensive homes
- Tennala, AL: higher priced homes
- Pleasant Gap, AL: less expensive homes
- Vigo, AL: higher priced homes
Cities with Similar Populations
- Fountain Springs, PA: equally priced homes
- Tacoma, FL: higher priced homes
- Swinton, MO: less expensive homes
- Sweetland, CA: higher priced homes
- Swedesburg, IA: equally priced homes
- Suver, OR: higher priced homes
- Grelton, OH: equally priced homes
- Grass Valley, OR: higher priced homes
- Glen Summit, PA: higher priced homes
- Fryburg, ND: higher priced homes
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