Expensive
Affordable
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These days, finding an affordable place to live in the Kennedy area can be challenging. Home prices in Kennedy are now at a median cost of $114,428, lower than the Alabama average of $228,911.
The average cost of rent is $633/mo in Kennedy, primarily driven by the current value of real estate in the Kennedy area. In Kennedy, 10.40% of households rent, and 67.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kennedy is $5,261 per month. Households that rent pay about 12.03% of their income on rent here. Kennedy’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kingville, AL: equally priced homes
- Belk, AL: higher priced homes
- Millport, AL: equally priced homes
- Hightogy, AL: equally priced homes
- Palmetto, AL: equally priced homes
- Cedar Hill, AL: higher priced homes
- Hubbertville, AL: equally priced homes
- Newtonville, AL: higher priced homes
- Zion, AL: higher priced homes
- Rossland City, AL: less expensive homes
Cities with Similar Populations
- Schlegel, OK: higher priced homes
- Litchfield Corners, ME: higher priced homes
- Lynnville, IA: higher priced homes
- Mermentau, LA: less expensive homes
- Merson, MI: higher priced homes
- Midway, LA: higher priced homes
- Rosinton, AL: higher priced homes
- Sabula, IA: higher priced homes
- Sanderson Corner, VT: higher priced homes
- Sandyville, OH: higher priced homes
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