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These days, finding an affordable place to live in the Greensboro area can be challenging. Home prices in Greensboro are now at a median cost of $125,072, lower than the Alabama average of $228,911.
The average cost of rent is $601/mo in Greensboro, primarily driven by the current value of real estate in the Greensboro area. In Greensboro, 42.04% of households rent, and 69.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greensboro is $2,445 per month. Households that rent pay about 24.60% of their income on rent here. Greensboro’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sawyerville, AL: less expensive homes
- Newbern, AL: less expensive homes
- Ingram, AL: higher priced homes
- Hogglesville, AL: higher priced homes
- Akron, AL: less expensive homes
- Evansville, AL: less expensive homes
- Forkland, AL: less expensive homes
- Marion, AL: higher priced homes
- Jericho, AL: less expensive homes
- Eutaw, AL: less expensive homes
Cities with Similar Populations
- Frankfort, OH: higher priced homes
- Boardman, OR: higher priced homes
- Silverton, OH: higher priced homes
- Seven Lakes, NC: higher priced homes
- Rockville, IN: higher priced homes
- Ridge Manor, FL: higher priced homes
- Pipestone, MN: higher priced homes
- Petersburg, IN: higher priced homes
- Macon, MS: less expensive homes
- Litchfield, CT: higher priced homes
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