Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Providence area can be challenging. Home prices in Providence are now at a median cost of $81,805, lower than the Alabama average of $185,232.
The average cost of rent is $706/mo in Providence, primarily driven by the current value of real estate in the Providence area. While nearly 86.72% of residents own their homes outright in Providence, 19.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Providence is $1,896 per month. Households that rent pay about 37.24% of their income on rent here. Providence's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Linden, AL: higher priced homes
- Old Spring Hill, AL: equally priced homes
- Dayton, AL: less expensive homes
- Jefferson, AL: higher priced homes
- Siddonsville, AL: less expensive homes
- Gallion, AL: higher priced homes
- Octagon, AL: equally priced homes
- Thomaston, AL: less expensive homes
- Shortleaf, AL: higher priced homes
- McDowell, AL: higher priced homes
Cities with Similar Populations
- Acme, WA: higher priced homes
- Amalga, UT: higher priced homes
- Beulah, WY: higher priced homes
- Beverly Hills, MO: less expensive homes
- Pee Dee, SC: higher priced homes
- Orchard, IA: higher priced homes
- Oro Fino, CA: higher priced homes
- Otis, IN: higher priced homes
- Otterville, VA: higher priced homes
- Overton, MO: higher priced homes
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