Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grand Bay area can be challenging. Home prices in Grand Bay are now at a median cost of $138,546, lower than the Alabama average of $185,232.
The average cost of rent is $995/mo in Grand Bay, primarily driven by the current value of real estate in the Grand Bay area. While nearly 38.57% of residents own their homes outright in Grand Bay, 11.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grand Bay is $6,124 per month. Households that rent pay about 16.25% of their income on rent here. Grand Bay's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- St. Elmo, AL: equally priced homes
- Irvington, AL: less expensive homes
- San Souci Beach, AL: equally priced homes
- Bayou La Batre, AL: less expensive homes
- Seven Hills, AL: higher priced homes
- Tillmans Corner, AL: higher priced homes
- Theodore, AL: higher priced homes
- Moss Point, MS: less expensive homes
- Mon Louis, AL: higher priced homes
- Mobile, AL: higher priced homes
Cities with Similar Populations
- Burtonsville, MD: higher priced homes
- Cloverly, MD: higher priced homes
- Clinton, MA: higher priced homes
- Clifton, VA: higher priced homes
- Cleveland, MS: higher priced homes
- Chester, SC: less expensive homes
- Carnegie, PA: higher priced homes
- Carmel, NY: higher priced homes
- Cape May Court House, NJ: higher priced homes
- Canton, NC: higher priced homes
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