Home prices
The price of the median home in Fort Payne is $124,900. Compared to its nearby areas this is roughly $8,120 (6%) higher.Compared to the rest of the country it is roughly $92,600 (42%) lower, and compared to the city of Huntsville it is about $58,000 (31%) lower.
Rents
Fort Payne's median rent is $595 per month. Compared to its surrounding areas it is about $59 (10%) higher.It is roughly $467 (43%) lower compared to the United States as a whole, and in comparison to the city of Huntsville is roughly $232 (28%) lower.
Nearby places
Pine Ridge
Pine Ridge is Fort Payne's neighbor to the west. Its housing prices are a little more expensive. The median home price in Pine Ridge is $150,000, which works out to $25,100 (16%) higher than Fort Payne. Rent there is significantly less expensive. The median monthly rent in Pine Ridge is $425, which comes out to $170 (39%) lower than Fort Payne.
Valley Head
Valley Head is Fort Payne's neighbor to the northeast. Housing prices there are significantly less expensive. The median home price in Valley Head is $90,000, which works out to $34,900 (38%) lower than Fort Payne. Its rents are somewhat less expensive. The median rent in Valley Head is $508 a month, which comes out to $87 (17%) lower than Fort Payne.
Hammondville
Hammondville is Fort Payne's neighbor to the north. Housing prices there are somewhat more expensive. The cost of the median home in Hammondville is $143,800, which comes out to $18,900 (13%) higher than Fort Payne. Rent there is similar. In Hammondville the median monthly rent is $575, which works out to $20 (3%) lower than Fort Payne.
Rainsville
Rainsville is roughly 7 miles west from Fort Payne. Its real estate prices are somewhat less expensive. The median home cost in Rainsville is $109,000, which is $15,900 (14%) lower than Fort Payne. The rent there is similar. In Rainsville the median monthly rent is $569, which works out to $26 (4%) lower than Fort Payne.
Shiloh
Shiloh is approximately 9 miles west of Fort Payne. The housing prices there are significantly less expensive. The value of the median home in Shiloh is $91,100, which comes out to $33,800 (37%) lower than Fort Payne. The rent there is similar. The median monthly rent in Shiloh is $604, which works out to $9 (1%) higher than Fort Payne.
