
Home Price Key
These days, finding an affordable place to live in the Grangeburg area can be challenging. Home prices in Grangeburg are now at a median cost of $71,887, lower than the Alabama average of $185,232.
The average cost of rent is $495/mo in Grangeburg, primarily driven by the current value of real estate in the Grangeburg area. While nearly 60.10% of residents own their homes outright in Grangeburg, 14.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grangeburg is $2,944 per month. Households that rent pay about 16.83% of their income on rent here. Grangeburg's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
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