Special Interest

Housing in Madison County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2022

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Madison County and Alabama in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Madison County?

Towns Near New Hope

City
County
State
Miles
Madison
AL
0.0 mi.
Madison
AL
5.6 mi.
Madison
AL
9.3 mi.
Madison
AL
9.3 mi.
Madison
AL
9.9 mi.
Madison
AL
10.0 mi.
Madison
AL
12.5 mi.
Madison
AL
13.7 mi.
Morgan
AL
14.5 mi.
Madison
AL
14.8 mi.
Madison
AL
15.5 mi.
Madison
AL
15.7 mi.
Morgan
AL
15.9 mi.
Limestone
AL
18.8 mi.
Limestone
AL
19.5 mi.
Morgan
AL
20.6 mi.
Limestone
AL
22.7 mi.
Limestone
AL
23.2 mi.
Limestone
AL
23.4 mi.
Morgan
AL
25.8 mi.
Morgan
AL
27.3 mi.
Morgan
AL
28.0 mi.
Morgan
AL
31.2 mi.
Morgan
AL
32.8 mi.
Limestone
AL
34.3 mi.
Morgan
AL
40.4 mi.

Renter Qualifications

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New Hope, AL

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