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These days, finding an affordable place to live in the Rainsville area can be challenging. Home prices in Rainsville are now at a median cost of $212,825, lower than the Alabama average of $228,911.
The average cost of rent is $663/mo in Rainsville, primarily driven by the current value of real estate in the Rainsville area. In Rainsville, 13.95% of households rent, and 51.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rainsville is $6,001 per month. Households that rent pay about 11.04% of their income on rent here. Rainsville’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shiloh, AL: less expensive homes
- Powells Crossroads, AL: equally priced homes
- Powell, AL: equally priced homes
- Sylvania, AL: less expensive homes
- Pine Ridge, AL: less expensive homes
- Fyffe, AL: less expensive homes
- Fort Payne, AL: less expensive homes
- Section, AL: less expensive homes
- Lebanon, AL: less expensive homes
- Dawson, AL: less expensive homes
Cities with Similar Populations
- Belle Fourche, SD: higher priced homes
- Viroqua, WI: equally priced homes
- Weed, CA: higher priced homes
- Volo, IL: higher priced homes
- Weare, NH: higher priced homes
- Wayne, NE: equally priced homes
- Wayland, MA: higher priced homes
- Waverly, TN: less expensive homes
- Wautoma, WI: equally priced homes
- Waterford, PA: equally priced homes
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