Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelham area can be challenging. Home prices in Pelham are now at a median cost of $118,571, lower than the Georgia average of $231,203.
The average cost of rent is $672/mo in Pelham, primarily driven by the current value of real estate in the Pelham area. While nearly 50.37% of residents own their homes outright in Pelham, 36.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelham is $3,896 per month. Households that rent pay about 17.26% of their income on rent here. Pelham's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Camilla, GA: less expensive homes
- Meigs, GA: less expensive homes
- Spence, GA: higher priced homes
- Pebble City, GA: equally priced homes
- Sale City, GA: higher priced homes
- Flint, GA: less expensive homes
- Greenwood, GA: less expensive homes
- Hartsfield, GA: less expensive homes
- Vada, GA: equally priced homes
- Hopeful, GA: equally priced homes
Cities with Similar Populations
- Springfield, VT: higher priced homes
- Greenwood, MO: higher priced homes
- Grosse Pointe, MI: higher priced homes
- Grover, MO: higher priced homes
- Guadalupe, CA: higher priced homes
- Guayanilla, PR: less expensive homes
- Hacienda San Jose, PR: higher priced homes
- South Berwick, ME: higher priced homes
- Spirit Lake, IA: higher priced homes
- Spring Grove, IL: higher priced homes
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