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Affordable
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These days, finding an affordable place to live in the Kimberly area can be challenging. Home prices in Kimberly are now at a median cost of $294,594, higher than the Alabama average of $228,911.
The average cost of rent is $784/mo in Kimberly, primarily driven by the current value of real estate in the Kimberly area. In Kimberly, 9.15% of households rent, and 36.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kimberly is $7,272 per month. Households that rent pay about 10.79% of their income on rent here. Kimberly’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Morris, AL: less expensive homes
- Warrior, AL: less expensive homes
- County Line, AL: less expensive homes
- Trafford, AL: less expensive homes
- Partridge Crossroads, AL: less expensive homes
- Gardendale, AL: less expensive homes
- Mount Olive, AL: less expensive homes
- Village Springs, AL: less expensive homes
- Sayre, AL: less expensive homes
- Pinson, AL: less expensive homes
Cities with Similar Populations
- Lochridge, TX: less expensive homes
- Loranger, LA: less expensive homes
- Lookout Mountain, GA: higher priced homes
- Loogootee, IN: less expensive homes
- Lonsdale, MN: higher priced homes
- Long View, NC: less expensive homes
- Long Prairie, MN: less expensive homes
- Long Pond, PA: less expensive homes
- Lone Jack, MO: higher priced homes
- Lodi, OH: less expensive homes
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