Similar to its nearby areas, it is significantly less expensive compared to the entire country. However compared to the city of Birmingham, it's a bit more expensive.
Home prices
The price of the median home in Rainsville is $109,000. In comparison to its nearby areas this is approximately $3,400 (3%) higher.It is about $108,500 (49%) lower in comparison to the US as a whole, and is about $17,900 (19%) higher in comparison to the city of Birmingham.
Rents
The median monthly rent in Rainsville is $569. Compared to other places in this area it is is very similar.In comparison to the entire nation it is about $493 (46%) lower, and in comparison to the city of Birmingham is roughly $268 (32%) lower.
Nearby places
Shiloh
Shiloh is Rainsville's neighbor to the southwest. Its housing prices are somewhat less expensive. Shiloh's median home value is $91,100, which comes out to $17,900 (19%) lower than Rainsville. Its rents are a little more expensive. The median rent in Shiloh is $604 a month, which is $35 (5%) higher than Rainsville.
Powell
Powell is Rainsville's neighbor to the northwest. Real estate prices there are a little less expensive. The median home price in Powell is $95,000, which works out to $14,000 (14%) lower than Rainsville. Rents there are somewhat more expensive. The median monthly rent in Powell is $602, which comes out to $33 (5%) higher than Rainsville.
Pine Ridge
Pine Ridge is Rainsville's neighbor to the southeast. Its real estate prices are somewhat more expensive. The price of the median home in Pine Ridge is $150,000, which comes out to $41,000 (27%) higher than Rainsville. The rent there is substantially less expensive. Pine Ridge's median rent is $425 a month, which comes out to $144 (33%) lower than Rainsville.
Sylvania
Sylvania is Rainsville's neighbor to the north. The housing prices there are a bit less expensive. Sylvania's median home cost is $97,600, which works out to $11,400 (11%) lower than Rainsville. Its rents are a bit more expensive. Sylvania's median monthly rent is $631, which is $62 (9%) higher than Rainsville.
Fyffe
Fyffe is roughly 4 miles southwest from Rainsville. Its housing prices are somewhat less expensive. The cost of the median home in Fyffe is $94,300, which comes out to $14,700 (15%) lower than Rainsville. Rents there are fairly similar. In Fyffe the median monthly rent is $565, which is very similar to Rainsville.
