Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grimes area can be challenging. Home prices in Grimes are now at a median cost of $69,799, lower than the Alabama average of $185,232.
The average cost of rent is $686/mo in Grimes, primarily driven by the current value of real estate in the Grimes area. While nearly 36.37% of residents own their homes outright in Grimes, 62.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grimes is $2,838 per month. Households that rent pay about 24.18% of their income on rent here. Grimes's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Napier Field, AL: higher priced homes
- Midland City, AL: higher priced homes
- Blackwood, AL: higher priced homes
- Pinckard, AL: higher priced homes
- Dothan, AL: higher priced homes
- Kinsey, AL: higher priced homes
- Headland, AL: higher priced homes
- Newton, AL: higher priced homes
- Browns Crossroads, AL: higher priced homes
- Waterford, AL: higher priced homes
Cities with Similar Populations
- Mystic Grove, MA: higher priced homes
- Olaton, KY: higher priced homes
- Okete, MO: higher priced homes
- Oakland, PA: higher priced homes
- New Woodville, OK: higher priced homes
- New Hampton, MO: higher priced homes
- New Georgia, AL: higher priced homes
- New Castle, TN: higher priced homes
- New Cambria, KS: higher priced homes
- Neosho Rapids, KS: higher priced homes
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