Cost of Living in Geneva County, Alabama

$757/mo
Median Monthly Rent
$120,200
Median Home Value

At a Glance

Median Monthly Rent
$757/mo
5% below state average
Median Home Value
$120,200
57% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Geneva County Compares

Median monthly rent comparison

Geneva County$757/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$757/mo
Median Gross Rent
$120,200
Median Home Value
$557/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Geneva County ranks #445 of 3,144 counties for affordability (top 14%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Geneva County, Alabama

Geneva rents approach state-average burden

Geneva County's rent-to-income ratio of 17.8% sits just below Alabama's state average of 18.0%, reflecting typical affordability challenges across the state. Renters pay $757/month, a figure closer to Alabama's median of $799, while median household income of $50,951 trails the national average of $74,755.

Near the middle of Alabama's affordability spectrum

Geneva's 17.8% rent-to-income ratio edges slightly better than Alabama's state average of 18.0%, placing it in the middle tier of state affordability. The county represents mainstream Alabama housing dynamics—modest incomes with moderate rent burdens.

Higher rents than most—but offset by value

Geneva's $757/month rent exceeds Fayette ($622), Franklin ($667), and DeKalb ($683), yet its 17.8% ratio beats Etowah (18.3%) and Escambia (19.1%). The county balances higher rents with reasonable income levels, delivering middle-ground affordability for the region.

Housing costs remain manageable overall

Renters spend $757/month (17.8% of income) while homeowners average $557/month on median-valued homes of $120,200. Combined housing expenses stay under one-third of household income for most families, though renters experience slightly more burden than homeowners.

Geneva offers middle-ground relocation appeal

Relocating families earning $50,000–$52,000 will find Geneva's 17.8% rent ratio and $757 monthly cost reasonable, though neighboring Fayette (14.7%) and Franklin (15.5%) offer better affordability on similar incomes. Weigh Geneva's slightly higher rents against local amenities and job prospects before deciding.

Cost of Living Advisory: Geneva County

Affordability Verdict

Housing in Geneva County is affordable. The median rent is $757/month against a median household income of $50,951, putting rent at 17.8% of income.

Rent vs. Own

Renters in Geneva County pay $757/month on average, compared to $557/month for homeowners. This market favors buyers by about 26%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,280/year. For owner costs at the 28% rule, the required income is roughly $23,871/year. With a median household income of $50,951, most households can comfortably afford rent here. Notably, 27.0% of renter households in Geneva County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Wilcox County where rent averages $699/month, Geneva County is approximately 8% more expensive.

Affordability Calculator

See how your income compares to housing costs in Geneva County

$

Rent Burden

17.8%

of gross income

Max Housing (28% Rule)

$1,189

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Geneva County

Median home value is $120,200. Estimated monthly cost: $960 vs. your max of $1,189.

Rent Affordability Guide

Your rent-to-income ratio17.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,951Needed: $30,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,951Needed: $23,871
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,951Needed: $27,974

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Geneva County, Alabama?
Geneva County, Alabama has a median monthly rent of $757/mo and a median home value of $120,200. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Geneva County?
The median gross rent in Geneva County is $757/mo. This is 5% below state average for Alabama.
Is Geneva County affordable?
Geneva County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Geneva County's rent compare to the state average?
Geneva County's median rent of $757/mo is 5% below state average of $799/mo for Alabama.
What is the median home value in Geneva County?
The median home value in Geneva County, Alabama is $120,200. This is 57% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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