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These days, finding an affordable place to live in the Randolph area can be challenging. Home prices in Randolph are now at a median cost of $102,127, lower than the Alabama average of $228,911.
The average cost of rent is $975/mo in Randolph, primarily driven by the current value of real estate in the Randolph area. In Randolph, 20.42% of households rent, and 75.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Randolph is $5,203 per month. Households that rent pay about 18.74% of their income on rent here. Randolph’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brierfield, AL: higher priced homes
- Lawley, AL: higher priced homes
- Wessington, AL: higher priced homes
- Jemison, AL: higher priced homes
- Six Mile, AL: higher priced homes
- Wilton, AL: higher priced homes
- Minooka, AL: higher priced homes
- Thorsby, AL: higher priced homes
- Lomax, AL: higher priced homes
- Oakmulgee, AL: higher priced homes
Cities with Similar Populations
- Waterford, VT: higher priced homes
- Tenants Harbor, ME: higher priced homes
- Third Lake, IL: higher priced homes
- Ulysses, PA: higher priced homes
- Underwood, WA: higher priced homes
- Valier, MT: higher priced homes
- Wade, OH: higher priced homes
- Wanblee, SD: higher priced homes
- Washington, NH: higher priced homes
- Adair, IA: higher priced homes
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