Housing costs in Fort Payne?
A typical home costs
$164,200, which is 51.4% less expensive than the national average of
$338,100 and 23.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Fort Payne costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$940.
Can I afford Fort Payne?
To live comfortably in Fort Payne (zip 35967), Alabama, a minimum annual income of
$31,320 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Fort Payne?
The cost of living in 35967 Fort Payne, AL is quite reasonable. The median home cost is around $125,000, which is significantly lower than the national average. According to BestPlaces, the overall cost of living index for this area is 87.1, which is 13.9% lower than the US average. Additionally, rent prices in Fort Payne are much lower than other areas of the country with a one-bedroom apartment averaging around $550 per month and a three-bedroom house costing approximately $850 per month. This makes it an attractive place for those looking for an affordable place to live without sacrificing quality or access to amenities.