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Housing in Gilbertown

A typical Gilbertown home is worth roughly $160,000

Typical home value
$160K
AL $242K
Estimate
2-bedroom rent
$800
a month, utilities in · HUD
Median tax bill
$469
AL $788

What kind of housing town is Gilbertown?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.3 years of income

Less than across Alabama (3.8 years). Try your own numbers below.

You could afford about
$298,000
Typical Gilbertown home $160K

That covers a typical Gilbertown home, with $137K to spare.

The typical home, each month
$880
Loan $790Tax $40Insurance $50

A two-bedroom rents for about $800 a month here, $80 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gilbertown’s typical property tax (0.29% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $800

Renters already here pay a median of $983.

Fair Market Rent a month, utilities included

Studio$590
1 bedroom$630
2 bedrooms$800
3 bedrooms$1,050
4 bedrooms$1,190
16%
of households rent · AL 30%
29
renter households
$983
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Choctaw County, AL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

85% of Gilbertown households own their home

Half of Gilbertown’s homes were built before 1987.

Owners and renters
Own 85%Rent 16%

Alabama: 70% own.

1987
typical home built · AL 1986
$469
median property tax bill · AL $788
0.29%
of a home’s value, a year in tax · AL 0.38%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

On the market in Gilbertown

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Gilbertown buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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