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Elmore County Housing Market

Alabama · 67 counties · Ranked #2045 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$213,600

vs national$213,600 vs $281,900 national

Median Gross Rent

$1,014/mo

vs national$1,014 vs $1,163 national

Effective Tax Rate

0.26%

vs national0.26% vs 1.02% national

Median Household Income

$75,553

vs national+$75,553 vs $74,755 national

Affordability Ratio

2.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$563

Tax as % of Home Value

0.26%

Monthly Owner Cost

$982

Renter Income

$43,962

Frequently Asked Questions

What is the median home value in Elmore County?
The median home value in Elmore County is $213,600. This is below the national median of $281,900.
How much is rent in Elmore County?
The median gross rent in Elmore County is $1,014 per month.
What is the property tax rate in Elmore County?
The effective property tax rate in Elmore County is 0.26%. The median annual property tax bill is $563.
Is Elmore County affordable?
With a home-value-to-income ratio of 2.8x, Elmore County is considered affordable compared to the recommended 3-4x guideline.

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