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These days, finding an affordable place to live in the Hollywood area can be challenging. Home prices in Hollywood are now at a median cost of $159,586, lower than the Alabama average of $228,911.
The average cost of rent is $1,072/mo in Hollywood, primarily driven by the current value of real estate in the Hollywood area. In Hollywood, 28.28% of households rent, and 58.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hollywood is $4,942 per month. Households that rent pay about 21.69% of their income on rent here. Hollywood’s most expensive areas are in the northeastern 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
- Martintown, AL: equally priced homes
- Pikeville, AL: equally priced homes
- Fackler, AL: equally priced homes
- Wannville, AL: less expensive homes
- Cedar Grove, AL: equally priced homes
- Hodge, AL: less expensive homes
- Rash, AL: equally priced homes
- Kyles, AL: equally priced homes
- Scottsboro, AL: higher priced homes
- Dutton, AL: less expensive homes
Cities with Similar Populations
- Coal Run Village, KY: equally priced homes
- Tabernash, CO: higher priced homes
- Heuvelton, NY: less expensive homes
- Intercession City, FL: higher priced homes
- Fenelton, PA: higher priced homes
- Troy, ID: higher priced homes
- Wilmar, AR: less expensive homes
- Douglas, MI: higher priced homes
- Dortches, NC: higher priced homes
- Dennis, TX: higher priced homes
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