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These days, finding an affordable place to live in the Graham area can be challenging. Home prices in Graham are now at a median cost of $180,569, lower than the Alabama average of $228,911.
The average cost of rent is $828/mo in Graham, primarily driven by the current value of real estate in the Graham area. In Graham, 14.89% of households rent, and 54.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Graham is $5,146 per month. Households that rent pay about 16.10% of their income on rent here. Graham’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
- Hightower, AL: higher priced homes
- Ranburne, AL: higher priced homes
- Woodland, AL: higher priced homes
- Veal, GA: less expensive homes
- Ephesus, GA: less expensive homes
- Bowdon, GA: higher priced homes
- Newell, AL: equally priced homes
- Morrison Crossroads, AL: higher priced homes
- Lecta, AL: higher priced homes
- Jonesville, GA: higher priced homes
Cities with Similar Populations
- Ocqueoc, MI: less expensive homes
- Perry Addition, OH: equally priced homes
- Pemberton, MN: higher priced homes
- Pecaniere, LA: higher priced homes
- Peaks Mill, KY: higher priced homes
- Patterson Creek, WV: higher priced homes
- Partee, AR: less expensive homes
- Paradise, WA: higher priced homes
- Ottawa, MN: higher priced homes
- Orlando, AR: less expensive homes
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