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Affordable
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These days, finding an affordable place to live in the Good Hope area can be challenging. Home prices in Good Hope are now at a median cost of $215,406, lower than the Alabama average of $228,911.
The average cost of rent is $898/mo in Good Hope, primarily driven by the current value of real estate in the Good Hope area. In Good Hope, 20.50% of households rent, and 50.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Good Hope is $7,715 per month. Households that rent pay about 11.64% of their income on rent here. Good Hope’s most expensive areas are in the eastern 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
- Dodge City, AL: less expensive homes
- Cullman, AL: equally priced homes
- Hanceville, AL: less expensive homes
- Bethel, AL: less expensive homes
- South Vinemont, AL: equally priced homes
- Logan, AL: equally priced homes
- Garden City, AL: less expensive homes
- West Point, AL: equally priced homes
- Red Hill, AL: equally priced homes
- North Walter, AL: less expensive homes
Cities with Similar Populations
- Biggs, CA: higher priced homes
- Greenleaf, WI: higher priced homes
- Woodville, FL: equally priced homes
- West Union, IA: less expensive homes
- West Baraboo, WI: higher priced homes
- Walker, MN: higher priced homes
- Sutter, CA: higher priced homes
- Spry, PA: higher priced homes
- Roland, AR: higher priced homes
- Rock Tavern, NY: higher priced homes
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