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These days, finding an affordable place to live in the Pinnell area can be challenging. Home prices in Pinnell are now at a median cost of $141,329, lower than the Alabama average of $228,911.
The average cost of rent is $825/mo in Pinnell, primarily driven by the current value of real estate in the Pinnell area. In Pinnell, 13.55% of households rent, and 67.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pinnell is $4,094 per month. Households that rent pay about 20.16% of their income on rent here. Pinnell’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Camp Hill, AL: less expensive homes
- Jamesville, AL: higher priced homes
- Thornton, AL: higher priced homes
- Round Mountain, AL: higher priced homes
- Dadeville, AL: higher priced homes
- Walnut Hill, AL: higher priced homes
- Waverly, AL: higher priced homes
- East Tallassee, AL: higher priced homes
- Dudleyville, AL: higher priced homes
- Sturkie, AL: higher priced homes
Cities with Similar Populations
- Gin City, AR: less expensive homes
- Stonington, MI: higher priced homes
- Stoneham, PA: less expensive homes
- Stirum, ND: higher priced homes
- Stippville, KS: equally priced homes
- Stephensburg, KY: higher priced homes
- Starr, PA: less expensive homes
- Gove, KS: equally priced homes
- Gold Creek, MT: higher priced homes
- Glidewell, MO: higher priced homes
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