
Affordable
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These days, finding an affordable place to live in the Tallassee area can be challenging. Home prices in Tallassee are now at a median cost of $193,733, lower than the Alabama average of $228,911.
The average cost of rent is $916/mo in Tallassee, primarily driven by the current value of real estate in the Tallassee area. In Tallassee, 30.82% of households rent, and 46.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tallassee is $5,882 per month. Households that rent pay about 15.58% of their income on rent here. Tallassee’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cherokee Bluffs, AL: equally priced homes
- Carrville, AL: less expensive homes
- Tallapoosa City, AL: less expensive homes
- Milstead, AL: equally priced homes
- Reeltown, AL: less expensive homes
- Claud, AL: higher priced homes
- Eclectic, AL: higher priced homes
- Tysonville, AL: less expensive homes
- Notasulga, AL: less expensive homes
- Walnut Hill, AL: higher priced homes
Cities with Similar Populations
- Pompton Lakes, NJ: higher priced homes
- Long Grove, IL: higher priced homes
- Lonoke, AR: less expensive homes
- Louisa, VA: higher priced homes
- Louisville, MS: less expensive homes
- Louisville, TN: higher priced homes
- Lovejoy, GA: higher priced homes
- Lower Burrell, PA: equally priced homes
- Loxley, AL: higher priced homes
- Maynard, MA: higher priced homes
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