Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $113,708, lower than the Alabama average of $185,232.
The average cost of rent is $670/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. While nearly 54.33% of residents own their homes outright in Princeton, 16.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $4,554 per month. Households that rent pay about 14.72% of their income on rent here. Princeton's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Estillfork, AL: equally priced homes
- Hollytree, AL: higher priced homes
- Plevna, AL: higher priced homes
- New Market, AL: higher priced homes
- Trenton, AL: equally priced homes
- Swaim, AL: higher priced homes
- Skyline, AL: equally priced homes
- Letcher, AL: less expensive homes
- Sulphur Springs, AL: higher priced homes
- Hytop, AL: equally priced homes
Cities with Similar Populations
- Poe, WV: less expensive homes
- Oberon, ND: less expensive homes
- Olive Branch, NC: higher priced homes
- Pinsonfork, KY: less expensive homes
- Pioneer, TX: higher priced homes
- Pittman Center, TN: higher priced homes
- Plattsburg, OH: higher priced homes
- Pletcher, AL: less expensive homes
- Plumville, PA: higher priced homes
- Oakfield, OH: higher priced homes
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