Cost of Living in Greene County, Alabama

$429/mo
Median Monthly Rent
$86,400
Median Home Value
46% below state averageUnaffordable

At a Glance

Median Monthly Rent
$429/mo
46% below state average
Median Home Value
$86,400
69% below national
Rent-to-Income Ratio
25.0%
% 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 Greene County Compares

Median monthly rent comparison

Greene County$429/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$429/mo
Median Gross Rent
$86,400
Median Home Value
$461/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Greene County, Alabama

Greene's rock-bottom rents mask poverty reality

Greene County's median rent of $429/month is the lowest across all counties examined, yet its 16.4% rent-to-income ratio remains problematic due to a median household income of just $31,495. This county sits 58% below the national income average of $74,755, making even cheap rents a significant household expense.

Lowest incomes with minimal housing relief

Greene's 16.4% rent-to-income ratio slightly exceeds Alabama's state average of 18.0%, but this modest difference masks severe economic constraints—median household income of $31,495 is among Alabama's lowest. Rock-bottom rents alone cannot offset the county's fundamental income challenges.

Cheapest rent doesn't translate to affordability

Greene's $429 monthly rent vastly undercuts all neighbors (DeKalb $683, Fayette $622, Franklin $667), yet the 16.4% ratio exceeds most because of Greene's drastically lower income. The county illustrates that absolute rent levels matter less than rent-to-income burden when wages are severely depressed.

Housing is cheap but income is scarcer still

Renters spend just $429/month (16.4% of income) while homeowners pay $461/month on homes valued at $86,400. Despite negligible housing costs, household income of $31,495 leaves extremely limited room for healthcare, food, transportation, and other essentials.

Greene offers bargain housing, not economic opportunity

Relocating to Greene makes sense only if employment prospects genuinely raise household income above the current $31,495 median; low rents cannot compensate for depressed wages. Compare Greene's 16.4% ratio carefully with neighboring Fayette (14.7%, $622 rent, $50,733 income) to understand the real affordability difference that comes from stronger job markets.

Affordability Calculator

See how your income compares to housing costs in Greene County

$

Rent Burden

16.3%

of gross income

Max Housing (28% Rule)

$735

per month

Owner Cost Burden

17.6%

of gross income

You can likely afford the median home in Greene County

Median home value is $86,400. Estimated monthly cost: $690 vs. your max of $735.

Rent Affordability Guide

Your rent-to-income ratio16.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Greene County, Alabama?
Greene County, Alabama has a median monthly rent of $429/mo and a median home value of $86,400. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Greene County?
The median gross rent in Greene County is $429/mo. This is 46% below state average for Alabama.
Is Greene County affordable?
Greene County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Greene County's rent compare to the state average?
Greene County's median rent of $429/mo is 46% below state average of $799/mo for Alabama.
What is the median home value in Greene County?
The median home value in Greene County, Alabama is $86,400. This is 69% 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.