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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 $261,262, higher than the Alabama average of $228,911.
The average cost of rent is $838/mo in Tanner, primarily driven by the current value of real estate in the Tanner area. In Tanner, 16.63% of households rent, and 46.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tanner is $6,102 per month. Households that rent pay about 13.73% of their income on rent here. Tanner’s most expensive areas are in the eastern 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
- Tanner Crossroads, AL: higher priced homes
- Jones Crossroads, AL: equally priced homes
- Reid, AL: equally priced homes
- Belle Mina, AL: less expensive homes
- Athens, AL: equally priced homes
- Brookwood Forest, AL: equally priced homes
- Mooresville, AL: less expensive homes
- Flower Hill, AL: less expensive homes
- Ripley, AL: higher priced homes
- Hays Mill, AL: less expensive homes
Cities with Similar Populations
- Millmont, PA: less expensive homes
- Turkey, NC: less expensive homes
- Traphill, NC: less expensive homes
- Thayne, WY: higher priced homes
- Terza, MS: less expensive homes
- Talco, TX: less expensive homes
- Sweetser, IN: less expensive homes
- Sweden Center, NY: less expensive homes
- Murray, IA: less expensive homes
- Mount Berry, GA: equally priced homes
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