Carbon Hill renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Carbon Hill is about $960 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $1,235. Households in Carbon Hill have a median income of $5,611 per month so the average renter in Carbon Hill is spending roughly 17% of their earnings on housing.
Nationally, and in Carbon Hill, home values are the data point most closely correlated with the cost of rent. The median price of a home in Carbon Hill is $289,448 right now, which is higher than nearby cities, meaning that rents in Carbon Hill also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Carbon Hill while lower rent rates are often available in central areas.
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