The Most Affordable Neighborhoods in Tanner, AL by Home Value

 

Tanner, AL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tanner area can be challenging. Home prices in Tanner are now at a median cost of $182,678, lower than the Alabama average of $185,232.

The average cost of rent is $627/mo in Tanner, primarily driven by the current value of real estate in the Tanner area. While nearly 40.05% of residents own their homes outright in Tanner, 24.32% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tanner is $5,187 per month. Households that rent pay about 12.08% of their income on rent here. Tanner's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.


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