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These days, finding an affordable place to live in the Hampden area can be challenging. Home prices in Hampden are now at a median cost of $77,110, lower than the Alabama average of $228,911.
The average cost of rent is $721/mo in Hampden, primarily driven by the current value of real estate in the Hampden area. In Hampden, 11.63% of households rent, and 49.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hampden is $4,925 per month. Households that rent pay about 14.64% of their income on rent here. Hampden’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
- Arlington, AL: equally priced homes
- Kimbrough, AL: equally priced homes
- Pope, AL: less expensive homes
- Lamison, AL: less expensive homes
- Flatwood, AL: less expensive homes
- Catherine, AL: less expensive homes
- Pine Hill, AL: equally priced homes
- Vineland, AL: less expensive homes
- Prairie, AL: less expensive homes
- Sunny South, AL: higher priced homes
Cities with Similar Populations
- Van Buren, MS: higher priced homes
- Dry Lake, NV: higher priced homes
- Dry Wood, KS: higher priced homes
- Dublin Mills, PA: higher priced homes
- Trumbull Corners, NY: higher priced homes
- Tucker, AR: less expensive homes
- Turkey Ridge, SD: higher priced homes
- Turnbull, MS: higher priced homes
- Turnip Hole, PA: higher priced homes
- Turton, SD: equally priced homes
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