Tallassee Housing Information
| Index | Tallassee | Alabama | National |
| Median home price | $84,700 | $128,500 | $184,700 |
| Median rent asked | $601 | $728 | $949 |
| Avg. people per household | 2.6 | 2.5 | 2.6 |
| Owner occupied households | 53.6% | 68.5% | 63.6% |
| Renter occupied households | 46.4% | 31.5% | 36.4% |
Tallassee Home Affordability
Home affordability can be a very important factor when determining where to purchase real estate in Tallassee, AL. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Tallassee, AL is $84,700 and the median household income is $45,972. This results in a home price to income ratio of 1.8x, which is 36% lower than the Alabama average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Tallassee, AL are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Tallassee, AL.Nearby cities with low home prices
| City, State | Population | Home Price | National Avg. |
| Franklin, AL | 198 | $66,500 | 64% |
| Tuskegee, AL | 9,050 | $77,300 | 58% |
| Shorter, AL | 581 | $79,200 | 57% |
| Reeltown, AL | 363 | $92,500 | 50% |
| Notasulga, AL | 951 | $96,700 | 48% |
| Tallassee, AL | 5,657 | $84,700 | 54% |
Cities with similar population
| City, State | Population | Home Price | National Avg. |
| Orchard Homes, MT | 5,655 | $273,100 | 48% |
| Wyndmoor, PA | 5,655 | $304,400 | 65% |
| Homestead Meadows South, TX | 5,659 | $71,800 | 61% |
| Durham, CA | 5,660 | $374,500 | 103% |
| Creve Coeur, IL | 5,653 | $81,200 | 56% |
| Tallassee, AL | 5,657 | $84,700 | 54% |