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Affordable
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These days, finding an affordable place to live in the Grady area can be challenging. Home prices in Grady are now at a median cost of $144,592, lower than the Alabama average of $228,911.
The average cost of rent is $920/mo in Grady, primarily driven by the current value of real estate in the Grady area. In Grady, 16.71% of households rent, and 64.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grady is $4,363 per month. Households that rent pay about 21.09% of their income on rent here. Grady’s most expensive areas are in the northeastern 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
- Naftel, AL: equally priced homes
- Ramer, AL: higher priced homes
- Highland Home, AL: less expensive homes
- Dublin, AL: higher priced homes
- Lapine, AL: less expensive homes
- Shellhorn, AL: less expensive homes
- Orion, AL: less expensive homes
- Wingard, AL: less expensive homes
- China Grove, AL: less expensive homes
- Davenport, AL: higher priced homes
Cities with Similar Populations
- Tullahassee, OK: higher priced homes
- Dickeyville, WI: higher priced homes
- Diggins, MO: higher priced homes
- Dorset, MN: higher priced homes
- Dozier, AL: equally priced homes
- Edgewood, IA: higher priced homes
- Edina, MO: less expensive homes
- Edison, OH: higher priced homes
- Elkhart, IA: higher priced homes
- Elliottsburg, PA: higher priced homes
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