Cost of Living in Geneva County, Alabama

$757/mo
Median Monthly Rent
$120,200
Median Home Value
5% below state averageUnaffordable

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

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.

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%

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