The Most Affordable Neighborhoods in Scarce Grease, AL by Home Value

 

Scarce Grease, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Scarce Grease area can be challenging. Home prices in Scarce Grease are now at a median cost of $265,000, higher than the Alabama average of $228,911.

The average cost of rent is $758/mo in Scarce Grease, primarily driven by the current value of real estate in the Scarce Grease area. In Scarce Grease, 2.88% of households rent, and 26.66% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Scarce Grease is $9,867 per month. Households that rent pay about 7.68% of their income on rent here. Scarce Grease’s most expensive areas are in the central 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.


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