Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Henderson area can be challenging. Home prices in Henderson are now at a median cost of $133,117, lower than the Alabama average of $228,911.
The average cost of rent is $858/mo in Henderson, primarily driven by the current value of real estate in the Henderson area. In Henderson, 14.62% of households rent, and 47.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henderson is $4,837 per month. Households that rent pay about 17.74% of their income on rent here. Henderson’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Goshen, AL: equally priced homes
- Wingard, AL: equally priced homes
- Shellhorn, AL: less expensive homes
- Patsburg, AL: higher priced homes
- Vidette, AL: higher priced homes
- Troy, AL: higher priced homes
- Luverne, AL: higher priced homes
- Glenwood, AL: higher priced homes
- Petrey, AL: less expensive homes
- Antioch, AL: higher priced homes
Cities with Similar Populations
- Hoople, ND: higher priced homes
- Shickley, NE: higher priced homes
- Sherwood Forest, FL: higher priced homes
- Sherman Junction, TX: higher priced homes
- Shady Grove, IL: less expensive homes
- Seneca, MS: less expensive homes
- Sechlerville, WI: higher priced homes
- Joice, IA: higher priced homes
- Jay City, IN: higher priced homes
- Huron, MO: higher priced homes
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