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These days, finding an affordable place to live in the Paul area can be challenging. Home prices in Paul are now at a median cost of $95,109, lower than the Alabama average of $228,911.
The average cost of rent is $927/mo in Paul, primarily driven by the current value of real estate in the Paul area. In Paul, 10.30% of households rent, and 75.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paul is $4,411 per month. Households that rent pay about 21.02% of their income on rent here. Paul’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Johnsonville, AL: equally priced homes
- Mount Union, AL: equally priced homes
- Damascus, AL: equally priced homes
- Loango, AL: higher priced homes
- Dixie, AL: higher priced homes
- Beck, AL: higher priced homes
- Centerville, AL: equally priced homes
- Nymph, AL: higher priced homes
- Rome, AL: higher priced homes
- Carolina, AL: higher priced homes
Cities with Similar Populations
- South Stockton, NY: higher priced homes
- Jerusalem, NC: higher priced homes
- Jewell Valley, VA: equally priced homes
- Johnson, OK: higher priced homes
- Joplin, AR: higher priced homes
- Joplin, MT: higher priced homes
- Jordan Mines, VA: higher priced homes
- Kalem, MS: higher priced homes
- Keo, AR: higher priced homes
- Kerr, MO: higher priced homes
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